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Heartland Group Holdings Limited

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Heartland Group Holdings Limited is the parent company of Heartland Bank, a New Zealand bank with over 150 years of history.

Last updated September 2, 2026

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Overview

Heartland Group Holdings Limited is the corporate entity behind Heartland Bank, a New Zealand bank that traces its origins to 1875. The bank offers savings, reverse mortgages, village access loans, rural and livestock loans, car loans, and asset finance. It claims to be the only New Zealand bank to own an Australian bank.

History

Heartland Bank's story began 150 years ago with the founding of the Ashburton Permanent Building & Investment Society in 1875. Over the decades, it evolved through a series of strategic mergers – first joining forces with SMC Building Society and Loan & Building Society to become CBS Canterbury in 2008. In 2011, CBS Canterbury merged with Pyne Gould Corporation’s Marac Finance, Southern Cross Building Society, and PGG Wrightson Finance to create what is known today as Heartland Bank. In 2024, Heartland Bank became the first New Zealand registered bank to acquire an Australian bank, Heartland Bank Australia.

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