{{Short description|Former New Zealand bank}} {{Use dmy dates|date=September 2015}} {{Use New Zealand English|date=September 2015}} {{for|the surf spot on the Gold Coast, Australia|Superbank (surfing)}} {{More citations needed|date=May 2021}}
'''Superbank''' was a joint-venture retail bank in New Zealand, operated by St George Bank in association with the New Zealand grocery-retailer Foodstuffs. Superbank operated between 2003 and 2006.
Superbank provided retail transaction banking. Superbank marketed its services through product-information leaflets at New World, Pak'n Save, and Four Square. Actual banking took place through Internet and phone banking.
The company also provided mortgages via mobile lending managers and also mortgage brokers.
Launched in February 2003, Superbank lost $40m, having attracted only 2200 customers during the three-and-a-half years of its operation.<ref>{{cite news |url=http://www.stuff.co.nz/dominion-post/technology/4425152/Tech-tiger-offers-food-for-thought |title=Tech tiger offers food for thought |publisher=stuff.co.nz |date=6 December 2010 }}</ref> It was shut down on 26 September 2006. All its home-loan business were sold to GE Money, while all savings customers were offered a transfer to Kiwibank.<ref>{{cite news |url=http://www.nzherald.co.nz/investment-broking/news/article.cfm?c_id=237&objectid=10394552 |title=GE Money buys out Superbank |publisher=nz herald |date=4 Aug 2006 }}</ref><ref>{{cite news |url=http://www.scoop.co.nz/stories/BU0608/S00112.htm |title=Superbank sells mortgage lending portfolio |publisher=scoop.co.nz | date=4 August 2006 }}</ref>
==References== {{reflist}}
==External links== * {{Wikidata-inline}} * [https://web.archive.org/web/20060126230201/http://www.superbank.co.nz/ Superbank] * [http://www.foodstuffs.co.nz Foodstuffs Cooperative]
{{NZ Banks}}
Category:Defunct banks of New Zealand Category:Banks established in 2003 Category:2006 disestablishments in New Zealand Category:Banks disestablished in 2006 Category:New Zealand companies established in 2003