Heartland Bank LTD

Recognising that 39% of its people are under 35 years old, our parent company, Heartland Group Holdings Limited (Heartland Group) is committed to investing in those in the early stages of their careers through attracting and developing talent within this demographic. Heartland’s Rangatahi (Youth) Advisory Board was established in 2020 to leverage the insights of its members and broaden the perspectives on Heartland’s strategic direction. It offers young employees across Heartland Group a chance to learn and interact with executives and directors, while also giving leaders valuable insights from Heartland’s younger generation. "Serving on the Rangatahi Advisory Board for the past two years has broadened my network across Heartland Group in New Zealand and Australia. I’ve contributed to the Manawa Ako internship programme and various digital initiatives, which has become a truly rewarding part of my Heartland journey. Being part of the Board has broadened my views and deepened my appreciation for the bank’s broader activities." – Ben Lambert, Team Leader, Customer Recoveries “Being a member of the Rangatahi Advisory Board has boosted my confidence in sharing my opinions and highlighted the importance of seeking insights from younger team members” – Khorshed Tarapore, Manager, Credit Risk Analytics You can read more about how Heartland Group invests in its younger employees on page 39 of Heartland’s 2024 Annual Report here: https://lnkd.in/gmNxScSm Heartland Bank Australia | StockCo 100% Livestock Finance

We’re pleased to share that our parent company, Heartland Group Holdings Limited, released its 2024 Annual Report earlier this week, along with its first Climate Report in line with the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Act 2021. Heartland’s 2024 Climate Report provides insight into Heartland’s environmental journey, including achievements, challenges, climate-related risks and opportunities, and future targets. You can read the Annual Report and Climate Report on Heartland Group's website: https://lnkd.in/gR35gYbR

Congratulations to Andrew Dixson – the new CEO of our parent company Heartland Group Holdings Limited (Heartland Group). Andrew has been with the Heartland group for over 14 years. In his time at Heartland, he has been involved in all key parts of our evolution, including the initial merger to create Heartland in 2011, and more recently the acquisition of Challenger Bank in Australia. Andrew’s previous role was Heartland Group Chief Financial Officer. As Heartland Group CEO, his focus will be on group strategy, investor relations, corporate finance, capital allocation, and strategic and risk management oversight of each bank. This reflects a significant evolution of Heartland Group’s role as the parent company of two banks. Andrew said, “We’ve achieved a lot since becoming Heartland in 2011. We now have two strong banks on either side of the Tasman with highly capable management teams led each by Leanne Lazarus and Michelle Winzer MBA, GAICD, F FIN. As we look ahead to the future, we will build on that foundation – to continue to be different, enable better lives for New Zealanders and Australians through our specialist banking products, and make things easier for our people and customers while delivering strong shareholder return”. More: https://lnkd.in/gfu4a9mu Heartland Bank Australia | StockCo 100% Livestock Finance

Today we farewell Heartland Group CEO Jeff Greenslade who has retired as Heartland Group CEO and from all of his Heartland directorships. Jeff has been with Heartland and its predecessors for 15 years and leaves behind an incredible legacy. Since joining through predecessor entity MARAC Finance in 2009, Jeff has led Heartland through several significant milestones including its formation in 2011 through the merger of Canterbury Building Society, MARAC Finance, Southern Cross Building Society and PGG Wrightson Finance, the receipt of Heartland Bank’s RBNZ banking registration in 2012, Heartland’s listing on the NZX in 2011 and the ASX in 2018, the acquisitions of the Reverse Mortgage businesses in 2014, StockCo Australia in 2022 and Challenger Bank in 2024. In this article he reflects on his time at Heartland, including some of the moments he’s most proud of: https://lnkd.in/gUbk4Re2

We welcome the research paper released this week by Motu, funded by Te Ara Ahunga Ora Retirement Commission, which explores whether New Zealand home equity release schemes provide value for money.   As the leading provider of reverse mortgages in New Zealand, we have seen 20% growth in our Reverse Mortgage portfolio in the past financial year. This demonstrates the need by older homeowners for additional access to funds in their retirement years.   Heartland Bank CEO Leanne Lazarus said, “we are proud to be able to provide a financial solution which can support the 25% of New Zealand households which fall into this category. We have a specialist team who take a considered approach to working with customers over a period of time to ensure a reverse mortgage is the right option for them.”   Read more on our website: https://lnkd.in/g2VVNitw Keira Billot Leanne Lazarus #ReverseMortgages

This morning, our parent company Heartland Group Holdings Limited released its full year financial results for the twelve months ended 30 June 2024. See the full announcement here: https://lnkd.in/gG3H3bpV

Heartland Bank is proud to continue supporting our local communities through our partnership with Art In The Park NZ! Immerse yourself in moving images and engage fully with the digital arts at the Heartland Digital Art Experience at Art in the Park this September. We’re proud of our long history in New Zealand and love backing events like this that celebrate Kiwi talent and creativity.   Tickets are on sale now. Join us from 19-22 September and experience the vibrant showcase of New Zealand artists by securing your tickets via Ticketmaster. https://lnkd.in/ggRjgUrR Anna Hancock, Sofija Matich, Eden Park, New Zealand

We are proud to announce our support for the Geoff Ricketts Heartland Bank Scholarship with The University of Auckland. In memory of the late Geoff Ricketts, a founding director of Heartland Bank and chair of the University of Auckland Foundation for more than 20 years, this scholarship will assist up to four students with their living costs or tuition fees who, because of financial hardship, may not otherwise be able to undertake a university degree. Heartland Bank Chair, and current Heartland Trust Chair, Bruce Irvine said, “With funds provided by the Heartland Trust, Heartland Bank is extremely proud to fund this prestigious scholarship, which honours the late Geoff Ricketts, his devotion to the University of Auckland and his passion for ensuring young New Zealanders have opportunities to succeed”. Established for New Zealand Citizens or Permanent Residents enrolling in the first year of an undergraduate degree in the faculties of Business and Economics, Law or Medical and Health Sciences, at the University of Auckland, these scholarships will provide each scholar up to $10,000 p.a. for a period of up to three years. The Geoff Ricketts Heartland Bank Scholarship opens 29 August 2024. Applications close 10 October 2024. This scholarship grant is funded through the Heartland Trust, a registered charitable trust which is independent from but closely supported by Heartland Bank. Find out more and apply here: https://lnkd.in/gRW4K5nP

With funds provided by the Heartland Trust, we are proud to support the Ashburton Learning Centre in its delivery of Boost – a child literacy programme helping Ashburton tamariki aged 7-9 with their reading and writing. Designed to meet the needs of individual students and the wider school community, Boost uses educational best practices to offer one-on-one tutoring twice a week to children struggling with their literacy. We have a rich history in Ashburton, dating back to 1875 when our predecessor the Ashburton Permanent Building & Investment Society was established. To honour this history, the Heartland Trust is delighted to provide funding to the Ashburton community and invest in the learning outcomes of tamariki in the Mid-Canterbury region. Read more at https://lnkd.in/gNDQ_D_n

It was great talking to Opes Partners about reverse mortgages. At Heartland Bank, we're pleased to be supporting more than 23,000 New Zealanders live a more comfortable retirement.