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Take advantage of our latest term deposit rate that offers strong returns on your money.
Now is a great time to invest with a company that helps you make the most of your hard earned dollars. Call or email us today (03 943 6556 or [javascript protected email address]) to find out how you can take up this fantastic term deposit offer!
CREDIT RATING
Stability in an
ever-changing landscape.
We are proud of our reputation and heritage. Since 1956 we have been providing finance and investment solutions to individuals and businesses throughout New Zealand.
In an ever-changing environment, we have focused on thinking laterally, working personally and acting ethically to assist our valued customers.
We partner with customers to tailor options to their requirements, and we pride ourselves on responding nimbly and responsibly to their needs.
Whether it’s weathering the storms of life or enabling growth and adapting to market opportunities, MCF remains firmly committed to helping people make the most of their personal and business situations.
For personal service and innovative solutions from a company that has stood the test of time,
talk to us today.
Trusted finance & investment partner since 1956.
What is the Depositor Compensation Scheme (DCS)?
The DCS is a new government scheme administered by the Reserve Bank of New Zealand - Te Pūtea Matua (RBNZ). It comes into effect on 1 July 2025. The DCS establishes a depositor compensation fund which can provide compensation to persons who have placed "protected deposits" with a licenced deposit taker, where that deposit taker suffers certain financial or other difficulties.
If a deposit taker becomes insolvent, and if certain prerequisites are met (including that the RBNZ, in its discretion, has issued a "specified event notice" in relation to that insolvency), the DCS will cover each eligible depositor with a protected deposit for an amount up to $100,000 (per deposit taker). The amount of compensation protected deposit holders will receive depends on various factors (including, for example, whether the protected deposit is held individually or jointly).
The RBNZ has a helpful guide on its website including details about which depositors are eligible for cover, and how much cover investors may receive — visit rbnz.govt.nz.
Which MCF products will be covered by the DCS?
From 1 July 2025, all debt instruments offered by MCF will be "protected deposits" covered by the DCS for eligible depositors.
What do I need to do to be covered by the DCS?
There's nothing you need to do. With effect from 1 July 2025 any funds deposited by an eligible depositor with MCF will be automatically covered by the DCS (but any entitlement to compensation will only be triggered in the circumstances set out above).
Do I need to pay for DCS protection?
No, you are not required to pay any amount to MCF to be covered by the DCS. The cost of the DCS is funded by a levy paid to the RBNZ by deposit takers.
How can I find out more?
Visit rbnz.govt.nz for more information, or call our friendly team and we can answer any questions you might have.
HOW WE CAN HELP
At MCF we offer customers a range of borrowing and investment options. Our focus is on providing timely solutions that are tailored to your individual situation. We understand that your personal and business needs change over time and due to circumstances. But amidst all of those changing landscapes, we can provide a valuable perspective, and practical outcomes.
Responsible Lending
You are protected by responsible lending laws. Because of these protections, any recommendations given to you about Personal Lending is not regulated financial advice. This means that duties and requirements imposed on people who give financial advice do not apply to these recommendations. This includes a duty to comply with a code of conduct and a requirement to be licensed.
Choose a section below to learn more.
Fair Conduct Programme
Mutual Credit Finance Ltd is a financial institution subject to the Financial Markets (Conduct of Institutions) Amendment Act 2022 and is required to have a Fair Conduct Programme.
A summary of this Programme is available here.
The summary aims to help consumers to:
- Be aware of how Mutual Credit Finance Ltd will comply with the fair conduct principle, and
- Make informed decisions when dealing with Mutual Credit Finance Ltd in relation to the products and services we provide; and
- Understand how to raise a complaint about our products and services should Mutual Credit Finance Ltd fail to treat consumers fairly.
A PERSONAL APPROACH
MCF’s reputation reflects the quality and stability of the people behind the brand.
The combination of expertise, experience and integrity means you can have peace of mind knowing that your personal and business finances are handled with the utmost discretion, professionalism and care.
Our staff and Directors all have considerable finance and business experience and are highly regarded professionals. The combination of their market knowledge, commercial acumen and innovative thinking is a significant strength of the MCF business.
We are a small team who are dedicated to providing you with tailored borrowing and lending solutions.


David Tier
CA, CMInstD – Chairman

John Wheelans
B.Com, CA(PP) - Director

Peter Rae
FCA, AFNZIM – Director

Bert Govan
MInstD – Director

Clint Barry
CEO

Paul Clarke
B.Com, LLB, CA - Finance Manager

Kristen Smith
NZ Dip Bus (Leadership & Management) - Recoveries and Administration Manager

Gerald Ryan
Business Development Manager

Kate Sutherland
B Com VPM - Business Development Manager
GIVING BACK
MCF is proud to be the inaugural Foundation Partner of the Southern Cochlear Implant Programme (SCIP).
Since 2003, SCIP has helped children and adults reconnect to the world of sound through cochlear implants. Our partnership with SCIP reflects the value we place on this life-changing surgery that has such a phenomenal impact on individuals, their families and communities.
We are honoured to contribute to such a worthy cause.
If you have specific enquiries or simply wish to find out more about how MCF can assist you, please feel free to contact us today.
- 0800TALK2MCF
(0800 825 526)
03 943 6556 - [javascript protected email address]
- Physical Address
- Level 2
- 137 Victoria Street
- Level 2, 137 Victoria Street
- Christchurch
- New Zealand
- Postal Address
- PO Box 130178
- Christchurch 8141
- New Zealand
