Rating based on 19 reviews

NZCU South


  • Low-interest starting from 8.9%
  • Credit union loans up to $50,000
  • Repayment up to 84 months

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Author NZCU South . Screenshot of NZCU South website. [Accessed May 23, 2018]

About NZCU South

When you apply to become a member of NZCU South your joining a family of people who care about the well being of their community, their member and their staff.

We strive to ensure that our services include a variety of prime lending, transacting and saving products so that once you become a member you have everything you could possible need and more.

Our focus is on you - our member

As a credit union one of our major focuses is on savings and we therefore offer a range of competitive, flexible and simple ways for individuals, couples and families to save. In order to be approved for a personal loan at any point we may require that you have some savings with us and will always ensure you can afford the debt with 100% certainty.

What NZCU South can offer you

As a credit union our focus is on serving our member with the lowest rates and fees but also with modern and useful products and services that can compete with all the international brands that are mainstream in New Zealand.

In addition to offering low rates, we offer innovative service like online and mobile banking.

About our low rate loan

If you're in the market for a home loan then our floating rate home loan which offer s you a low rate of just 5.85% or our 1 and 2 year fixed rate home loans from as low as 4.85 per annum which are the best and most competitive products in New Zealand will certainly meet your needs. We also offer personal loans from just 9.955 per annum!

NZCU South Product Details

  • Loan Type Credit union loans
  • Interest Rate 8.9 – 28.9% p/a
  • Loan Amount up to $50,000
  • Repayment 6 months to 84 months
  • Initiation Fee $250

In addition to offering low rates we offer innovative service like online and mobile banking

Applying to become a member of NZCU South is certainly one of the best decisions you'll ever make.

This can be done in one of our nationwide branches or over the internet and will only take you a couple of minutes. Once you’ve made your application we will contact you and let you know if it was successful.

Save, invest and lend online!

As a member of NZCU South, you can apply for a loan online, do banking online and even on your mobile. Although we're a credit union that offers higher than average savings accounts and lower interest rate loans were still competitive against the banks and offer you banking and financial services which are modern and innovative.

Will my information be protected?

The reason we need personal information during your peer to peer loan application is so that we can verify with the information you have stipulated in the loan application. Should we find that the information you have given to us doesn’t correspond with your real credentials, we will have to decline your loan application. Such actions are considered as fraud and you may never get a credit application approved on NZCU South. Most customers think that when they are not truthful about certain information, it increases their chances of being granted a loan and we will never find out. This is not the case; we have to do our own investigations as well.

NZCU South practices responsible for lending

When we borrow money to our customers, we expect them to adhere to their responsibilities by ensuring that the money is always paid on the date agreed upon. There will be extra charges that you will be expected to be pay if you make a late loan payment. We will never allow a client to take a loan that is way above their budget. We take reasonable financial care to ensure that they can afford their credit plans and they are never late for their payments. We are a financial provider that cares.

Customer Reviews & Testimonials

January 2019

I wanted to apply for a debt consolidation loan and I didn’t want an application that would be too complex for me. It was good to see that there are organizations who still like to keep systems a...

Samantha W
— Brighton —

March 2019

NZCU South gave me one of the best agents to help me. The young lady answered all my questions with a smile.

Luther E
— Cambridge —

NZCU South Contact Details

Contact Number



Physical Address

  • 409 Colombo Street, Corner Colombo & Wordsworth Streets Christchurch Canterbury 8023 New Zealand
  • Get Directions

Postal Address

  • PO Box 7010, Sydenham, Christchurch, 8240, New Zealand

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:30 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 18:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed