SBS Bank has announced a re-brand of the bank's image and a new one year fixed home loan rate of 3.99 per cent.
SBS Bank chief executive Wayne Evans announced the rate today as the bank moved to refresh its brand.
"As a mutual, our members are our owners. As a result, we are focused on giving back to them every day through a range of member benefits, such as market-leading lending interest rates.
The brand refresh has also been undertaken with members in mind, particularly in terms of simplifying their interactions with the bank."
The 3.99 per cent rate is available for new lending over $100,000 for residential, owner-occupied properties with minimum equity of 20 per cent.
SBS Bank has 16 branches across the North and South Islands, together with mobile mortgage managers in Auckland and Christchurch and a full online banking service.
