Nelson Mayor Rachel Reese, Stoke resident Daphne Crampton, Greypower president Christine Tuffnell and Nelson MP Nick Smith opposed the closure of Stoke’s Kiwibank. Photo: File.

New regional banking hub heading for Stoke


Nelson is set to get a major banking boost, with the introduction of a new Smart ATM hub in Stoke.

The Government, in partnership with the New Zealand Bankers Association, has selected Nelson, and more importantly Stoke, as one of four pilot hubs in New Zealand.

The non-branded hub will be trialled in early 2020 and will provide an area for customers of any bank to do their banking and get staff assistance if required.

The participating banks are Kiwibank, BNZ, TSB, ANZ, ASB and Westpac.

Mayor Rachel Reese says that the concept will be hugely beneficial for the people of Stoke.

“We are absolutely delighted to be selected as one of the pilot regional banking hubs. We really appreciate the support of the Government to help us fill the gap in face-to-face banking services, in the fastest growing suburb in Nelson.” she says.

“I know the people of Stoke will embrace this new concept, and having staff to directly help will be welcomed by our diverse community.”

Last year Kiwibank announced its intention to withdraw from Stoke and the NZ Post store. In its place, Hardy Street Pharmacy will be opening a new store this month within the current NZ Post location and will take over operating the postal services in the area.