404:
233:
390:
86:
418:
43:
288:
due to deteriorating loan book and financial management. The
Savings Bank was on the verge of collapse prior to a bailout by the Government of South Australia, which was hastened by the 1991 Royal Commission Into The Organisation Of Public State Funds of South Australia. Advance Bank was purchased by
366:
BankSA has not been the subject of Royal
Commission findings; however, it does have an indirect history in two separate Royal Commissions. The 1991 Royal Commission in South Australia determined that the State Bank of South Australia had an underperforming loan book due to weak lending rules and
367:
operational inefficiencies, which led to a government bailout. As a result, the State Bank of South
Australia had to separate and sell off the profitable part of its bank to Advance Bank, which was acquired by the greater Westpac outfit in 2008.
1319:
309:(AFSL). Both BankSA and Westpac are a part of the Australian Prudential Banking Deposit Scheme, which gives government assurances of all deposits placed into the bank in the event of financial crises.
341:
BankSA is a private company that also extends its banking services to government and public institutions, and fellow private businesses, including the entities listed below:
1381:
1244:
1249:
750:
552:
1254:
301:
BankSA is a wholly owned entity of St George Bank, which is owned by the
Westpac Banking Corporation. Westpac is a publicly listed
1165:
17:
333:
partnership until 2010. This sponsorship has been renewed, and BankSA is the Fringe's principal partner until at least 2022.
317:
Westpac and synonymously BankSA launched online banking services via internet and smartphone application on 5 December 2015.
306:
1376:
1045:
1082:
1371:
743:
602:
671:
1065:
293:
in 1997 and the State Bank became part of the greater
Westpac Corporation after the merger with St. George Bank.
247:
241:
213:
96:
52:
528:
302:
31:
1340:
736:
474:
278:
274:
255:
209:
101:
1366:
1330:
1264:
1259:
1211:
1345:
935:
707:
441:
775:
712:
251:
1206:
853:
676:
630:
446:
371:
466:
1087:
824:
792:
325:
In
November 2005, the State Bank began its sponsorship of Australia's biggest arts festival, the
254:
on 11 March 1848 by sole employee John Hector.The first deposit comprised the life savings of an
928:
635:
1295:
985:
595:
121:
1335:
1092:
995:
940:
759:
666:
431:
8:
1269:
1160:
1010:
952:
267:
1216:
918:
841:
159:
1055:
812:
57:
30:"Bank of South Australia" redirects here. For the earlier unconnected business, see
1386:
965:
588:
423:
395:
375:
357:
Local South
Australian accounting, financial planning, legal and real estate firms
1236:
1221:
1000:
913:
555:
326:
217:
155:
143:
1190:
1150:
970:
875:
863:
686:
645:
640:
290:
174:
1360:
1300:
1170:
1145:
1060:
1020:
436:
259:
960:
1226:
1155:
1015:
898:
805:
767:
681:
502:
409:
285:
284:
The State Bank of South
Australia was compartmentalised and bought by The
1072:
1050:
990:
893:
691:
61:
378:. BankSA was not directly implicated in any penalty or criminal action.
374:
of 2017 and was ordered to pay the largest penalty of $ 1.3 billion for
1102:
1077:
975:
800:
728:
717:
553:
BankSA backs
Adelaide Fringe and renews commitment as Principal Partner
263:
1140:
1110:
1025:
908:
888:
883:
232:
1180:
1135:
1035:
817:
139:
1185:
1040:
1030:
1005:
980:
923:
848:
650:
611:
273:
The
Savings Bank of South Australia later merged with the former
221:
179:
1290:
834:
277:(established 1896), becoming the new State Bank, owned by the
85:
1175:
1115:
829:
191:
573:
1305:
1285:
580:
903:
385:
361:
262:, was a trustee of the bank's inaugural board, and
529:"BankSA - Principal Partner of the Adelaide Fringe"
312:
1358:
1250:Australian Competition & Consumer Commission
1245:Australian Securities and Investments Commission
169:Personal banking, business banking and insurance
320:
744:
596:
348:Country Fire Service Volunteers' Association
258:shepherd. The first premier of the colony,
270:of the colony, was president of the bank.
1255:Australian Prudential Regulation Authority
751:
737:
603:
589:
336:
84:
1382:Australian companies established in 1848
758:
231:
1166:Industrial and Commercial Bank of China
14:
1359:
497:
495:
493:
491:
732:
584:
307:Australian Financial Services Licence
36:
488:
236:BankSA head office (completed 1943)
24:
25:
1398:
565:
362:Implications in Royal Commissions
672:Australian Guarantee Corporation
416:
402:
388:
41:
370:Westpac, was implicated in the
248:Savings Bank of South Australia
242:Savings Bank of South Australia
214:Savings Bank of South Australia
97:Savings Bank of South Australia
53:Savings Bank of South Australia
546:
521:
459:
351:Australian Medical Association
345:Law Society of South Australia
313:Technology and digital banking
32:Bank of South Australia (1837)
13:
1:
1341:Financial system in Australia
475:University of South Australia
471:Architects of South Australia
452:
279:Government of South Australia
275:State Bank of South Australia
210:State Bank of South Australia
102:State Bank of South Australia
1279:Other Financial Institutions
7:
1377:Companies based in Adelaide
1331:Category:Banks of Australia
1265:Australian Payments Network
1260:Australian Payments Council
936:Bendigo & Adelaide Bank
610:
381:
354:Port Adelaide Football Club
321:Adelaide Fringe partnership
50:It has been suggested that
10:
1403:
1346:List of banks in Australia
1320:Royal Commission 2017–2019
442:List of banks in Australia
239:
227:
67:Proposed since April 2024.
29:
1372:Banks established in 1848
1326:
1314:
1278:
1235:
1199:
1128:
1101:
951:
874:
791:
784:
776:Reserve Bank of Australia
766:
700:
659:
618:
252:colony of South Australia
185:
173:
165:
149:
135:
127:
117:
109:
92:
83:
961:Australian Military Bank
682:BT Investment Management
677:Bank of Melbourne (1989)
447:List of banks in Oceania
372:Banking Royal Commission
305:private company with an
296:
220:. It is a subsidiary of
204:, formerly known as the
1088:Regional Australia Bank
825:National Australia Bank
337:Further local alliances
250:was established in the
216:is the largest bank in
206:Bank of South Australia
105:Bank of South Australia
18:Bank of South Australia
1031:Illawarra Credit Union
237:
1296:New Payments Platform
986:Beyond Bank Australia
240:Further information:
235:
122:Finance and insurance
1336:Economy of Australia
1093:Teachers Mutual Bank
996:Community First Bank
760:Banking in Australia
667:Airport Link Company
619:Current subsidiaries
432:Banking in Australia
60:into this article. (
1270:Four pillars policy
1046:Newcastle Permanent
1011:Great Southern Bank
660:Former subsidiaries
268:Lieutenant Governor
80:
1367:Banks of Australia
1217:La Trobe Financial
919:Bank of Queensland
842:Citibank Australia
509:. 22 November 2016
467:"Building Details"
238:
160:Northern Territory
78:
1354:
1353:
1124:
1123:
1056:People First Bank
854:Bank of Melbourne
813:Commonwealth Bank
793:Majors (Big Four)
726:
725:
631:Bank of Melbourne
558:10 September 2021
199:
198:
74:
73:
69:
16:(Redirected from
1394:
1200:Non-bank lenders
966:Australian Unity
789:
788:
785:Australian banks
753:
746:
739:
730:
729:
605:
598:
591:
582:
581:
577:
576:
574:Official website
559:
550:
544:
543:
541:
539:
525:
519:
518:
516:
514:
499:
486:
485:
483:
481:
463:
426:
424:Companies portal
421:
420:
419:
412:
407:
406:
405:
398:
396:Australia portal
393:
392:
391:
376:money laundering
332:
195:
194:
192:Official website
88:
81:
77:
65:
45:
44:
37:
21:
1402:
1401:
1397:
1396:
1395:
1393:
1392:
1391:
1357:
1356:
1355:
1350:
1322:
1310:
1274:
1231:
1222:Mortgage Choice
1195:
1120:
1097:
1066:People's Choice
1001:Credit Union SA
947:
870:
780:
762:
757:
727:
722:
696:
655:
614:
609:
572:
571:
568:
563:
562:
556:Adelaide Fringe
551:
547:
537:
535:
527:
526:
522:
512:
510:
501:
500:
489:
479:
477:
465:
464:
460:
455:
422:
417:
415:
408:
403:
401:
394:
389:
387:
384:
364:
339:
330:
327:Adelaide Fringe
323:
315:
299:
291:St. George Bank
244:
230:
218:South Australia
190:
189:
156:South Australia
152:
144:South Australia
104:
100:
70:
46:
42:
35:
28:
27:Australian bank
23:
22:
15:
12:
11:
5:
1400:
1390:
1389:
1384:
1379:
1374:
1369:
1352:
1351:
1349:
1348:
1343:
1338:
1333:
1327:
1324:
1323:
1318:
1316:
1312:
1311:
1309:
1308:
1303:
1298:
1293:
1288:
1282:
1280:
1276:
1275:
1273:
1272:
1267:
1262:
1257:
1252:
1247:
1241:
1239:
1233:
1232:
1230:
1229:
1224:
1219:
1214:
1209:
1203:
1201:
1197:
1196:
1194:
1193:
1191:Wise (company)
1188:
1183:
1178:
1173:
1168:
1163:
1161:HSBC Australia
1158:
1153:
1151:Bank of Beirut
1148:
1143:
1138:
1132:
1130:
1126:
1125:
1122:
1121:
1119:
1118:
1113:
1107:
1105:
1099:
1098:
1096:
1095:
1090:
1085:
1080:
1075:
1070:
1069:
1068:
1063:
1053:
1048:
1043:
1038:
1033:
1028:
1023:
1018:
1013:
1008:
1003:
998:
993:
988:
983:
978:
973:
971:Bank Australia
968:
963:
957:
955:
949:
948:
946:
945:
944:
943:
933:
932:
931:
926:
916:
914:Macquarie Bank
911:
906:
901:
896:
891:
886:
880:
878:
872:
871:
869:
868:
867:
866:
864:St George Bank
861:
856:
846:
845:
844:
839:
838:
837:
822:
821:
820:
810:
809:
808:
797:
795:
786:
782:
781:
779:
778:
772:
770:
764:
763:
756:
755:
748:
741:
733:
724:
723:
721:
720:
715:
710:
704:
702:
701:Notable people
698:
697:
695:
694:
689:
687:Challenge Bank
684:
679:
674:
669:
663:
661:
657:
656:
654:
653:
648:
646:St George Bank
643:
638:
633:
628:
622:
620:
616:
615:
608:
607:
600:
593:
585:
579:
578:
567:
566:External links
564:
561:
560:
545:
520:
487:
457:
456:
454:
451:
450:
449:
444:
439:
434:
428:
427:
413:
399:
383:
380:
363:
360:
359:
358:
355:
352:
349:
346:
338:
335:
331:A$ 1.4 million
322:
319:
314:
311:
298:
295:
229:
226:
197:
196:
187:
183:
182:
177:
171:
170:
167:
163:
162:
153:
150:
147:
146:
137:
133:
132:
129:
125:
124:
119:
115:
114:
111:
107:
106:
94:
90:
89:
72:
71:
49:
47:
40:
26:
9:
6:
4:
3:
2:
1399:
1388:
1385:
1383:
1380:
1378:
1375:
1373:
1370:
1368:
1365:
1364:
1362:
1347:
1344:
1342:
1339:
1337:
1334:
1332:
1329:
1328:
1325:
1321:
1317:
1313:
1307:
1304:
1302:
1301:Tyro Payments
1299:
1297:
1294:
1292:
1289:
1287:
1284:
1283:
1281:
1277:
1271:
1268:
1266:
1263:
1261:
1258:
1256:
1253:
1251:
1248:
1246:
1243:
1242:
1240:
1238:
1234:
1228:
1225:
1223:
1220:
1218:
1215:
1213:
1210:
1208:
1205:
1204:
1202:
1198:
1192:
1189:
1187:
1184:
1182:
1179:
1177:
1174:
1172:
1169:
1167:
1164:
1162:
1159:
1157:
1154:
1152:
1149:
1147:
1146:Bank of China
1144:
1142:
1139:
1137:
1134:
1133:
1131:
1129:Foreign banks
1127:
1117:
1114:
1112:
1109:
1108:
1106:
1104:
1100:
1094:
1091:
1089:
1086:
1084:
1081:
1079:
1076:
1074:
1071:
1067:
1064:
1062:
1061:Heritage Bank
1059:
1058:
1057:
1054:
1052:
1049:
1047:
1044:
1042:
1039:
1037:
1034:
1032:
1029:
1027:
1024:
1022:
1021:Heritage Bank
1019:
1017:
1014:
1012:
1009:
1007:
1004:
1002:
999:
997:
994:
992:
989:
987:
984:
982:
979:
977:
974:
972:
969:
967:
964:
962:
959:
958:
956:
954:
950:
942:
939:
938:
937:
934:
930:
927:
925:
922:
921:
920:
917:
915:
912:
910:
907:
905:
902:
900:
897:
895:
892:
890:
887:
885:
882:
881:
879:
877:
873:
865:
862:
860:
857:
855:
852:
851:
850:
847:
843:
840:
836:
833:
832:
831:
828:
827:
826:
823:
819:
816:
815:
814:
811:
807:
804:
803:
802:
799:
798:
796:
794:
790:
787:
783:
777:
774:
773:
771:
769:
765:
761:
754:
749:
747:
742:
740:
735:
734:
731:
719:
716:
714:
711:
709:
706:
705:
703:
699:
693:
690:
688:
685:
683:
680:
678:
675:
673:
670:
668:
665:
664:
662:
658:
652:
649:
647:
644:
642:
639:
637:
634:
632:
629:
627:
624:
623:
621:
617:
613:
606:
601:
599:
594:
592:
587:
586:
583:
575:
570:
569:
557:
554:
549:
534:
530:
524:
508:
504:
498:
496:
494:
492:
476:
472:
468:
462:
458:
448:
445:
443:
440:
438:
437:List of banks
435:
433:
430:
429:
425:
414:
411:
400:
397:
386:
379:
377:
373:
368:
356:
353:
350:
347:
344:
343:
342:
334:
328:
318:
310:
308:
304:
294:
292:
287:
282:
280:
276:
271:
269:
265:
261:
260:B. T. Finniss
257:
253:
249:
243:
234:
225:
223:
219:
215:
211:
207:
203:
193:
188:
184:
181:
178:
176:
172:
168:
164:
161:
157:
154:
148:
145:
141:
138:
134:
130:
126:
123:
120:
116:
112:
108:
103:
98:
95:
91:
87:
82:
76:
68:
63:
59:
55:
54:
48:
39:
38:
33:
19:
1227:Pepper Money
1156:CurrencyFair
1051:P&N Bank
1016:Greater Bank
1006:Defence Bank
953:Member-owned
929:Virgin Money
899:Auswide Bank
858:
806:Suncorp Bank
768:Central bank
625:
548:
536:. Retrieved
532:
523:
511:. Retrieved
506:
478:. Retrieved
470:
461:
410:Banks portal
369:
365:
340:
324:
316:
300:
286:Advance Bank
283:
272:
245:
205:
201:
200:
136:Headquarters
110:Company type
75:
66:
51:
1073:Police Bank
991:Cairns Bank
713:Rob Chapman
692:Ord Minnett
503:"Our Story"
480:22 December
281:, in 1984.
151:Area served
99:(est. 1848)
1361:Categories
1237:Regulators
1171:ING Direct
1078:Qudos Bank
976:Bank First
718:Gail Kelly
453:References
264:F. H. Robe
113:Subsidiary
1315:Inquiries
1141:Arab Bank
1111:Volt Bank
1083:RACQ Bank
1026:Hume Bank
909:Judo Bank
889:Alex Bank
884:Airwallex
708:Ted Evans
538:19 August
329:, with a
1212:Latitude
1181:Rabobank
1136:ABN AMRO
818:Bankwest
513:15 April
382:See also
212:and the
166:Products
140:Adelaide
118:Industry
93:Formerly
1387:Westpac
1186:Revolut
1103:Defunct
1041:MyState
981:BankVic
924:ME Bank
849:Westpac
651:Westpac
612:Westpac
228:History
222:Westpac
186:Website
180:Westpac
128:Founded
62:Discuss
1306:Zeller
1291:Cuscal
1207:Aussie
876:Retail
859:BankSA
835:86_400
626:BankSA
507:BankSA
256:Afghan
208:, the
202:BankSA
175:Parent
158:&
79:BankSA
58:merged
1176:Monzo
1116:Xinja
830:UBank
297:Today
1286:BPAY
641:RAMS
540:2019
515:2024
482:2022
246:The
131:1984
1036:IMB
904:BNK
894:AMP
801:ANZ
533:UTS
303:ASX
56:be
1363::
941:Up
636:BT
531:.
505:.
490:^
473:.
469:.
266:,
224:.
142:,
752:e
745:t
738:v
604:e
597:t
590:v
542:.
517:.
484:.
64:)
34:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
