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The Bank of South Australia
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Originally founded in 1848 as The Savings Bank of South Australia, the institution has a long history in the region. It later became the State Bank of South Australia, which collapsed in 1991 and was subsequently rescued. The sound assets were acquired by Advance Bank, which was then acquired by St.George Bank in 1997. In 2008, St.George Bank merged with Westpac Banking Corporation. Today, BankSA operates as a distinct brand and division of Westpac, maintaining its strong local identity and focus on serving customers in South Australia and the Northern Territory with personal, business, and corporate banking solutions.
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