638:
27:
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The origins of the bank began in 1962 when the Hawke’s Bay
Savings Bank was first established. Two years later in 1964 the name was changed to the Hawke’s Bay and Gisborne Savings bank to better reflect the extent of the region it served. In 1963 a second bank was opened named the Manawatu Wairarapa
22:
was a savings bank that operated in New
Zealand between 1972 and 1987. It was the result of a merger between two smaller regional savings banks; Hawke’s Bay and Gisborne Savings Bank and Manawatu Wairarapa Savings Bank. Fifteen years later it absorbed the customers of Trust Bank Wanganui to become
412:(usually community organisations). In 1996 Westpac completed its takeover of Trust Bank New Zealand Ltd (which included Trust Bank Central) and the proceeds from the sale were invested in a wider portfolio of investment products, mostly cash, bonds and property within New Zealand & Australia.
380:
On the same day, under authorisation from the
Finance Act 1988, Trust Bank Wanganui's operations were vested into that of Trust Bank Eastern & Central, to form simply 'Trust Bank Central'. This bank operated from Gisborne in the East to Masterton and Levin in the South and New Plymouth in the
368:
Eastern & Central
Savings Bank was one of twelve regional savings banks located around the country established under the Savings Bank Act 1858. In 1984 group adopted a common branding as 'Trustee Bank', leading to a slight change in identity as 'Eastern & Central Trustee Bank'. Two years
359:
These two banks merged with each other in 1973 to form a stronger bank in the district, named the
Eastern & Central Savings Bank, with its main office in Hastings. It serves the east coast of the North Island from Poverty Bay to the Wairarapa ("Eastern"), plus the Manawatu and Horowhenua
372:
On 1 September 1988 all savings banks were corporatised under the
Trustee Banks Restructuring Act 1988 and ownership of each bank was vested in a regional community trust. Shortly afterwards the majority of the trusts exchanged their shares in the regional banks for shares in
874:
549:
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who was not part of the merged Trust Bank). Oddly, the vestiges of Trust Bank
Wanganui was renamed as Trust Bank Auckland Ltd and competed with
864:
713:
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408:. The trust received profits from the bank and distributed them to organisations within the banks boundaries meeting the trusts
793:
798:
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30:
Eastern & Central
Savings Bank logo, as still displayed on their former branch in Broadway Avenue, Palmerston North
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26:
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808:
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for $ 1.2 billion. The two banks merged as
WestpacTrust, however the word 'Trust' was phased out by 2002.
382:
590:"Trustee Banks Restructuring Order 1988 (SR 1988/193) (As at 06 November 2008) – New Zealand Legislation"
404:
As part of the restructure of the trustee savings banks in 1988, ownership of the bank was vested in the
839:
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Finally, in 1996 the community trusts sold their remaining shares in Trust Bank New
Zealand to
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later and the brand changed again, this time to 'Trust Bank Eastern & Central'.
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Savings Bank, with a focus on the Manawatu, Horowhenua and Wairarapa districts.
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343:
Timeline of Eastern & Central Savings Bank's formation and disillusion.
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536:"TRUST BANK CENTRAL LIMITED :: New Zealand :: OpenCorporates"
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West (opening a branch on Devon Street in competition with
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389:who was no longer part of the Trust Bank alliance.
763:Italics in the above indicate domestic ownership.
377:, who in turn took over the individual banks.
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574:: CS1 maint: archived copy as title (
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520:: CS1 maint: archived copy as title (
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471:"History : Otago Community Trust"
248:Hawkes Bay & Gisborne Savings Bank
406:Eastern & Central Community Trust
400:Eastern & Central Community Trust
7:
204:
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875:1962 establishments in New Zealand
835:Eastern & Central Savings Bank
623:Eastern & Central Savings Bank
20:Eastern & Central Savings Bank
14:
636:
284:Eastern and Central Trustee Bank
272:Eastern and Central Savings Bank
260:Manawatu Wairarapa Savings Bank
296:Trust Bank Eastern and Central
1:
865:Defunct banks of New Zealand
789:Colonial Bank of New Zealand
198:Absorbed Trust Bank Wanganui
394:Westpac Banking Corporation
891:
375:Trust Bank New Zealand Ltd
870:Banks established in 1962
341:
225:
214:Final takeover by Westpac
36:
804:Post Office Savings Bank
38:Timeline of Bank History
830:Canterbury Savings Bank
360:districts ("Central").
236:Hawkes Bay Savings Bank
16:Former New Zealand bank
823:Regional trustee banks
457:"Archives New Zealand"
443:"Archives New Zealand"
429:"Archives New Zealand"
364:Merger and Dissolution
31:
840:Westland Savings Bank
714:The Co-operative Bank
29:
684:Banks of New Zealand
23:Trust Bank Central.
739:Rabobank/RaboDirect
708:Bank of New Zealand
777:Nationwide service
556:on 22 January 2015
502:on 11 January 2014
477:on 12 October 2011
308:Trust Bank Central
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136:2005 —
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96:1985 —
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66:1970 —
56:1965 —
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794:Countrywide Bank
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628:sister projects
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625:at Knowledge's
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608:www.ecct.org.nz
604:"Annual Report"
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550:"Archived copy"
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721:Heartland Bank
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799:National Bank
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690:Current banks
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648:from Wikidata
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351:Early history
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770:Former banks
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612:the original
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558:. Retrieved
554:the original
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504:. Retrieved
500:the original
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479:. Retrieved
475:the original
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387:ASB Bank Ltd
383:TSB Bank Ltd
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371:
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320:WestpacTrust
19:
18:
704:/BankDirect
859:Categories
814:Trust Bank
809:Rural Bank
560:20 October
506:20 October
481:2012-10-20
416:References
745:SBS Bank
733:Kiwibank
570:cite web
516:cite web
410:criteria
758:Westpac
332:Westpac
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209:←
193:←
131:–
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71:–
61:–
51:–
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727:HSBC
645:Data
576:link
562:2012
522:link
508:2012
752:TSB
702:ASB
697:ANZ
861::
606:.
572:}}
568:{{
518:}}
514:{{
677:e
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663:v
631::
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
