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

In-page navigation

NZCU South  homepage

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

About NZCU South

Obtain the best loans and financial products from a very reliable credit union.

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

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

Their focus is on you - their member

As a credit union, one of their major focuses is on savings and they, 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, they may require that you have some savings with them and will always ensure you can afford the debt with 100% certainty.

A responsible lender that will help you

With their extraordinary tips, guidelines, and financial advice, you will be able to access all the tools you need for a better managed financial life.

Find a branch or ATM near you

Their helpful and user-friendly site can assist you in easily finding your nearest branch or ATM. They have branches in Lower Hutt, Napier, Palmerston North City, Nelson, Dunedin, Waipukurau, and Rotorua just to name a few. Their head office is in Hastings but they are accessible across New Zealand.

What NZCU South can offer you

As a credit union, its focus is on serving its members 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, they offer innovative services like online and mobile banking.

About their low-rate loans

If you're in the market for a home loan then their floating rate home loan offers you a low rate of just 5.85% or their 1- and 2-year fixed rate from as low as 4.85 per annum. These are the best and most competitive products in New Zealand that will certainly meet your needs. They also offer personal loans from just 7.90% per annum.

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 they are a credit union that offers higher than average savings accounts and lowers interest rate loans, they’re still more competitive than traditional banks while offering you banking and financial services which are modern and innovative.

Security and personal information

The reason they need personal information during your loan application is so that they can verify the information you have stipulated. Should they find that the information you have given to them doesn’t correspond with your real credentials, they will have to decline your loan application.

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 their nationwide branches or over the internet and will only take you a couple of minutes. Once you’ve made your application, they will contact you and let you know if it was successful.

Here’s how you can apply:

Step 1:

Apply online by providing them with basic details about yourself, where you stay, your income and your expenses. This will give them a better idea of your profile and of what they can offer you.

Step 2:

They will then assess your information and get back to you with an answer.

Step 3:

You’ll need to sign an agreement for them to transfer the funds to you. Normally, this will happen within 24 hours.

Get the right financial assistance with NZCU South

They believe in assisting kiwis to become the best versions of themselves and they do this by helping them take control of their finances as this is the first step in the right direction.

With a wide range of solutions, products, branches, and ATMs you will be able to access everything you need from anywhere in NZ.

Benefits of being an NZCU South customer

  • Low prices
  • Highly accessible all over NZ.
  • Great level of customer service.
  • A wide range of products at your disposal.

Customer Reviews & Testimonials

January 2020

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 2020

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 —

October 2021

They are without a doubt one of the best service providers I ever dealt with.

Mills J
— Dunedin —

November 2021

They always go out of their way to make things possible. I am a very happy client.

Mavis M
— Waipukurau —

September 2021

I recommend this company with all my heart as they are so true to their purpose and what they stand for. The way they do business is just impeccable.

Williams N
— Lower Hutt —

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