Brand Story

At Southern Cross Building Society, you're all that counts.  You know you can rely on us to give you a very competitive return on your savings and investments, a competitive rate on your home loan, and all round excellence in customer service.  We continue to work towards giving you better service, understanding your financial needs and minimising your cost of borrowing.  Southern Cross Building Society is committed to putting you first.

Our Mission Statement says it all:

"Southern Cross Building Society will become a leading New Zealand owned first mortgage provider with strong governance and ethical standards supporting a sense of community. The Society plans to grow total assets under management but prudently and commercially. Our customers are our most valuable asset and we strive to conduct our business in such a manner so as to preserve their confidence and goodwill to the Society."

The Southern Cross Building Society is proud to have provided financial services to our customers since 1923 and remains substantially New Zealand owned.  The Society Head Office is based in Auckland, with seven branches and approximately 60 agencies throughout the North Island.  We are proud to be a sponsor and supporter of many New Zealand organisations through our Charitable Trust.  Click here to find out more.

We offer a range of products and services including Savings Accounts, Term Investments, Internet and Telephone Banking, Home Loans, Rural Loans and Commercial Loans.  Our interest rates on deposits are always attractive and our lending rates are competitive.

The Society's principal assets are:

• First mortgage advances on commercial, rural and residential properties
• Government and Local Authority Securities, Bank Deposits and Commercial Bills
• Land and buildings leased as office accommodation

The Society's key operating principles are:

• Governed by the Building Societies Act
• Strong liquidity, reserves and good quality asset base
• Loans secured by New Zealand properties only
• No overseas lending or investments
• Conservative and risk averse lending criteria
• Maximum loan to value ratio of 80% for residential properties and 67% for commercial and rural lending

Take a look around our website and feel free to contact us for further information.

Directorate and Senior Executives

Directors

Chairman  Geoffery T Ricketts LLB (Hons) Finst D
Dr Don Turkington BCA  MCom  PhD
Robert L Smith BComm (Chief Executive Officer)
Christopher R Mace CNZM
Anthony D J  Beasley BE (Mech) MIPEZ
Noel Barclay FCA

Executive Officers

Chief Executive Officer	Robert L Smith BComm
General Manager - Finance &Strategy	Mark T Bellas BCom (HONS), CA(SA), ACA
Secretary & Financial Controller	Mike W Finlay CA
Credit Manager	Ken H Ockenden Dip Bus, Dip Mgt, FFIN
Commercial Lending Manager	Mike B Law
Manager - Retail Banking Services	Ben R Stewart
Internal Audit Manager	Trisha Lynch BSAP, AIIA