of texas capital bank . bankdirect type subsidiary industry finance and insurance founded 1997 headquarters new zealand products internet and phone based bank offering an integrated range of financial products and services for personal customers parent asb website http www.bankdirect.co.nz bankdirect is a direct banking division of the australian owned asb bank providing internet and phone based banking in new zealand . contents 1 history 2 external links 3 see also 4 references history edit bankdirect began in october 1997 and was the only bank in new zealand to only operate via internet and phone without any physical branches . bankdirect used the leverage of not having physical branches to offer lower home loan interest rates and higher interest rates on their savings accounts . external links edit bankdirect see also edit asb commonwealth bank of australia direct bank references edit retrieved from https en.wikipedia.org w index.php title bankdirect & oldid 647218543 categories banks of new zealand navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 15 february 2015 at 08 36 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view