Heartland Bank Limited (formerly Heartland Building Society) provides savings and transactional accounts, term deposits, home and vehicle loans, business and rural loans, investments, credit and debit cards, online banking as well as insurance services such as lifestyle protection insurance, guaranteed asset protection (GAP) insurance and car insurance. It also offers asset finance, plant and machinery finance, capital livestock finance, seasonal finance and stock lease finance. Heartland was created in 2011, through the merger of CBS Canterbury (Canterbury Building Society), Southern Cross Building Society, MARAC Finance and PGG Wrightson Finance (PWF). In January 2013, Heartland Building Society changed its name to Heartland Bank Limited. As of September 30, 2016, it had total assets of NZ$3.655 billion and deposits of NZ$3.1 billion, making it bigger than the Co-operative Bank, but smaller than SBS Bank. Heartland Bank has a long-term issuer rating of BBB/Stable from Fitch.