|State owned enterprise|
|Fate||Acquired by ANZ|
|Founded||24 February 1987 - Foundations set in 1867|
PostBank (trading name of Post Office Bank Limited), was a bank owned by the New Zealand Government as the governments postal savings system. The origins of the bank were established in 1867, it became PostBank in 1987 and the bank was disestablished when it was acquired by Australia and New Zealand Banking Group in 1989.
PostBank was formed when the New Zealand Post Office (a former Government Department) was split up by the Postal Services Act 1987 into Post Office Bank Ltd (trading as PostBank), New Zealand Post Ltd (a Postal Services company) and Telecom Corporation of New Zealand Ltd (a telecommunications company). It purchased the assets of the former Post Office Savings Bank.
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