Summary

Incorporated in New South Wales in 1907 to absorb the banks established through the (N.S.W.) Post Office in 1871.

In 1931 the savings bank business of the bank and the current account and fixed deposit business of the bank's Rural Bank department were amalgamated into the operations of the Commonwealth Bank of Australia.

The remainder of the Rural Bank department's business was transferred to the Rural Bank of New South Wales in 1932.

Related entries

Timeline

 1907 - 1931 Government Savings Bank of New South Wales
       1912 - 1960 Commonwealth Bank of Australia [I]
       1932 - 1981 Rural Bank of New South Wales
             1960 - Reserve Bank of Australia
             1960 - 1984 Commonwealth Banking Corporation
             1981 - 1996 State Bank of New South Wales
                   1984 - Commonwealth Bank of Australia [II]
                   1996 - 2000 Colonial Limited
                         2000 - Colonial First State Limited

Published resources

Books

• Government Savings Bank of New South Wales. Souvenir of the Official Opening of the New Head Office, 18 December 1928, Government Savings Bank of New South Wales, Sydney, 1928. Details
• Griffiths, Noel, A history of the Government Savings Bank of New South Wales (Australia's largest savings bank): an outline of the events leading to its present importance, W.T. Baker & Company, Sydney, 1930, 95 pp. Details
• Harley, Conrad F., Government Savings Bank of New South Wales: Observations by Conrad F. Harley, FCA (Aust) on the Prime Minister's statement, 16 October, 1931, to the House of Representatives, Publicity Press, Sydney, 1931, 4 pp. Details

Journal Articles

• Polden, Kenneth, 'The collapse of the Government Savings Bank of New South Wales, 1931', Australian Ecomonic History Review, vol. XII, no. 1, 1972, pp. 52-70. Details