Deposit takers that offer DCS-protected deposits

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Registers of entities we regulate

This page lists all deposit takers (banks and non-bank deposit takers) that offer deposits covered by the Depositor Compensation Scheme (DCS).

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Last updated:

The Depositor Compensation Scheme (DCS) covers each depositor up to $100,000 per deposit taker in the event of a failure, when money is held in DCS-protected accounts . Deposit Takers are banks and non-bank deposit takers, including credit unions, building societies, and finance companies that take retail deposits.

The DCS is a government scheme that is funded by deposit takers and administered by the Reserve Bank of New Zealand – Te Pūtea Matua.

The following list of deposit takers offer deposits covered by the DCS. Not all deposits offered by these deposit takers may be eligible for DCS protection.

Please speak with your deposit taker if you are unsure whether your deposits will be covered by the DCS. All deposit takers are required to maintain a list of DCS-protected deposits on their website.

You can find out more about the DCS here .

This list was last updated on 20 October 2025.

Deposit takers

DCS covered products

ANZ Bank New Zealand Limited

ANZ website

ASB Bank Limited

ASB website

Bank of Baroda (New Zealand) Limited

Bank of Baroda (New Zealand) Limited website

Bank of China (New Zealand) Limited

Bank of China (New Zealand) Limited website

Bank of India (New Zealand) Limited

Bank of India (New Zealand) Limited website

Bank of New Zealand

BNZ website

China Construction Bank (New Zealand) Limited

China Construction Bank (New Zealand) Limited website

Christian Savings Limited

Christian Savings Limited website

Finance Direct Limited

Finance Direct Limited website

First Credit Union Incorporated

First Credit Union Incorporated website

General Finance Limited

General Finance Limited website

Gold Band Finance Limited

Gold Band Finance Limited website

Heartland Bank Limited

Heartland Bank Limited website

Heretaunga Building Society

Heretaunga Building Society website

Industrial and Commercial Bank of China (New Zealand) Limited

Industrial and Commercial Bank of China (New Zealand) Limited website

Kiwibank Limited

Kiwibank website

Liberty Financial Limited

Liberty Financial Limited website

Mutual Credit Finance Limited

Mutual Credit Finance Limited website

Nelson Building Society

Nelson Building Society website

Police and Families Credit Union Incorporated

Police and Families Credit Union Incorporated website

Rabobank New Zealand Limited

Rabobank New Zealand Limited website

Southland Building Society

Southland Building Society website

The Co-operative Bank Limited

Co-operative Bank website

TSB Bank Limited

TSB website

Unity Credit Union

Unity Credit Union website

Wairarapa Building Society

Wairarapa Building Society website

Welcome Limited

Welcome Limited website

Westpac New Zealand Limited

Westpac website

Xceda Finance Limited

Xceda Finance Limited website

Related links

What the DCS covers

Learn what deposits are covered under the DCS.

Coverage scenarios

Read our scenarios to see how much you could be covered for. Includes individuals, joint accounts, sole traders and more.

Fintechs and the DCS

Learn why money held through non-regulated entities like fintechs may not be covered under the DCS.