Company type | Publicly listed bank |
---|---|
Industry | Banking |
Founded | 1 January 1994 |
Defunct | 9 August 2007 |
Fate | merged with Bendigo Bank |
Headquarters | Adelaide , Australia |
The Adelaide Bank was a publicly listed bank with its head office in Adelaide, South Australia. It was established on 1 January 1994 from the Co-operative Building Society of South Australia Limited, which was Australia's largest building society as a result of a merger with the Hindmarsh Building Society.[1] On 9 August 2007 it merged with Bendigo Bank (ASX: BEN) to form Bendigo and Adelaide Bank Limited, and Adelaide Bank shares ceased to be quoted on the top 100 ASX for companies with more than 110,000 shareholders.[2] Since 2008 the new entity has been known as the Bendigo and Adelaide Bank.[3]