12 October 2021
Heritage Bank has made changes to fixed investor mortgage, deposit, term deposit and business banking equipment interest rates effective Tuesday 12 October 2021.
The rate changes are as follows:
MORTGAGES – INVESTOR (new lending, switches and refixes)
These changes have been made to maintain the best interests of our customers overall. Our interest rate changes are implemented to ensure good pricing benefits for depositors and borrowers.
As a customer-owned bank, Heritage puts the best interest of members first. Unlike the big listed banks, we only aim to make a modest profit each year and then reinvest those funds into providing better products and services to all members. None of our profits are paid out to shareholders like the big listed banks.
You can find more information on our rates available at our interest rates page.