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State Savings Bank of South Australia (1896 - )

From
1896
Adelaide, South Australia
Alternative Names
  • State Bank of South Australia

Summary

The business started operating as a Land Mortgage Institution under South Australian legislation, The State Advances Act 1895.

In 1984 the bank merged with the Savings Bank of South Australia and traded as the State Bank of South Australia.

In 1991/92 the bank faced financial collapse. The Sate Government decided to split the bank into non-performing and performing parts. The non-performing operations were retained as government debt. The performing operations were acquired by Advance Bank as the Bank of South Australia (trading as Bank SA).

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Timeline

 1848 - 1984 Savings Bank of South Australia
       1896 - State Savings Bank of South Australia
             1992 - 1994 Bank of South Australia

Archival resources

State Bank of South Australia

  • State Savings Bank of South Australia records, 1848 - 1985; State Bank of South Australia. Details

State Library of South Australia

  • Savings Bank of South Australia / State Savings Bank of South Australia records, 1903 - 1990, BRG 285; State Library of South Australia. Details

Bruce A. Smith

Created: 1 December 1999, Last modified: 26 September 2018