Superbank

Superbank

: "See Superbank (surfing) for the surf spot on the Gold Coast, Australia."

Superbank was a joint venture retail bank in New Zealand operated by St George Bank in association with the New Zealand grocery retailer Foodstuffs.

Superbank provided retail transaction banking. Superbank marketed its services through product information leaflets at New World, Pak'n Save and Four Square. Actual banking was done through Internet and phone banking.

The company also provided mortgages via mobile lending managers and also mortgage brokers.

It lost $40m since its launch and was closed on 2006-09-25. All home loan customers will be sold to GE Money while all savings customers will be sold to Kiwibank. [http://www.stuff.co.nz/stuff/dailynews/0,2106,3754739a6405,00.html] [http://www.stuff.co.nz/stuff/0,2106,3744561a13,00.html]

External links

* [http://www.superbank.co.nz Superbank]
* [http://www.foodstuffs.co.nz Foodstuffs Cooperative]


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