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Private Banking

SECURE YOUR
TERM DEPOSIT

With a reputation for providing exceptional rates, Parkes & Yates unique approach focuses on respecting clients savings, and is driven by intelligent and trusted relationships.

UNIQUE FLEXIBLE TERMS

Lock in an interest rate for a term that suits you. Choose how often you receive interest payments and a range of investment terms to suit your needs and overall investment portfolio.

EXCLUSIVE RATES ON DEPOSITS

Invest with a partner who respects you and reflects that in the interest rate offered. A fixed rate to help grow your savings. Be confident that your money is invested securely and with an exclusive interest rate.

INVEST WITH PEACE OF MIND

Parkes & Yates manages your deposits similar as your major local banks, investing in investments, such as institutional grade or government-backed securities. The Parkes & Yates difference, is more of the the additional yield earned on those funds is passed onto depositors, rather than being paid as a dividend to shareholders. 

EXCLUSIVE FINANCIAL INSTITUTION

Parkes and Yates is a deposit-taking institution and we report to the Financial Markets Authority. As a registered deposit-taking institution, we are subject to certain New Zealand rules and regulations. In particular, we respect Financial Markets Conduct Act 2013, NBDT Act 2013, Financial Service Provides (Registration and Dispute Resolution) Act 2008, and AML/CFT Act 2009 rules.

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