The Cooperative Bank Personal Loan – Loan details

The Cooperative Bank is customer-owned, offering personal loans with competitive rates and ethical banking values.

Loan amount $1,000 – $50,000
Interest from 12,95 %
Term 12 – 60 months
Approval 1-3 business days

Pros

  • ✓ Customer-owned, profit returned to members
  • ✓ Transparent terms
  • ✓ Good rates for well-qualified borrowers

Cons

  • ✗ Fewer branches
  • ✗ Smaller product range than major banks

Requirements

  • ✓ NZ citizen or permanent resident
  • ✓ Regular income
  • ✓ Aged 18 or over
  • ✓ Valid ID
  • ✓ Bank statements for 3 months

Company information

The Co-operative Bank Limited
280 Cuba Street, Wellington 6011
https://www.thecooperativebank.co.nz

This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.nz is an independent comparison portal.