Question of the Week - Answers

The answer to the question last week is posted below. Check this page next week to find out the answer to the question this week.

Week 1 - What does 'NZCU' stand for?

  • New Zealand Credit Union.

Week 2 - What is NZCUs promise to its members?

  • 'Succeeding Together' with you to achieve your goals - no matter how large or small.

Week 3 - What are the 6 ways you can bank with us?

  • ATM/EFTPOS card - Accesscard™, Internet banking - Accessweb, Phone banking - Accessphone, Text banking - Accesstxt®, ATM - Accesscash®, Accesscredit®.

Week 4 - What is a credit union?

  • A credit union is a member owned financial cooperative. Each credit union is 100% New Zealand owned and operated. All funds are invested into the local communities each credit union serve.

Week 5 - What is a good reason to have a Christmas Saver account?

  • A Christmas Saver account will enable you to afford the speical things you want at Christmas.
  • A Christmas Saver account will ensure you have money to spend at Christmas time.
  • It will help you save regularly throughout the year so you can give your family the special things at Christmas time.
  • The money you save in Christmas Saver earns interest.

Week 6 - What is our current interest rate for a term deposit of $1,000 for 12 months?

  • 5.00% p.a.

Week 7 - What are the names of 4 products or services that NZCUs provide?

NZCUs provide are products such as:

  • Everyday Accounts - Everyday Account, Bill Payment Account
  • Savings Accounts - Junior Saver, Goal Saver, Success Saver, Loyalty Saver, Christmas Saver, KiwiSaver
  • Loans - Line of Credit, Personal Loan, Home Loan
  • Insurance - Vehicle Insurance, Loan Protection Insurance, Home and Contents Insurance, Bereavement Fund (Credicare)
  • Investments - Term Deposit
  • Foreign Exchange - Travelex (Cash Passport), Foreign Currency Cheque, Telegraphic Transfer, Foreign Cash

NZCUs provide the following services to help their customers access their money simply and conveniently:

  • ATM/EFTPOS card.
  • Internet Banking.
  • Phone Banking.
  • Text Banking.
  • ATM and Accesscredit.

Week 8 - How many branches does your local NZCU have?