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In December, Kiwibank confirmed after consultation with staff that it planned to invest in a stand-alone branch in Oamaru at the site it shares with NZ Post in Severn St.
As a result, NZ Post announced it would shift to another Oamaru location and operate in conjunction with another established business.
An NZ Post spokesman said this week the search for an appropriate location was continuing, and that the company was ''continuing to work through our options''.
No changes would be made to current services until a partner was found.
''There is no timeline on how long it will take to find the most suitable business or agency
to partner with. Our main priority is to just find the most appropriate partner.
''We have been operating in this way for many years now right across the country. In fact, 800 of our outlets operate in this way.
''This model of working with local businesses is more financially sustainable for NZ Post, in an ever-changing mix of postal services usage - the decline of mail, versus the significant increase in parcel services.
''It's good news for our customers, as it means we can stay in the community, often with longer opening hours, and it's good for the businesses we partner with too, as they often enjoy more customers coming through their doors to use postal services.''
Kiwibank retail distribution general manager Geoff Waller said the move was driven by the changing needs of customers, the desire for a specialised banking service and ensuring the branch remained sustainable.