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Industry | Banking |
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Founded | 11 March 1848 |
Defunct | 1984 |
Fate | Merged with the State Bank of South Australia to form the Bank of South Australia |
Headquarters | , Australia |
The Savings Bank of South Australia was a bank founded in the colony of South Australia in 1848, based in Adelaide. In the early 20th century it established a presence in schools by setting up a special category of savings accounts for schoolchildren, and grew through the following decades.
In 1984 it merged with the State Bank of South Australia, with the merged entity taking the latter name. This entity later became known as BankSA, and as of 2022[update] is a division and a trading name of St George Bank, which is a subsidiary of Westpac.