Author: Tara Oldfield
The State Bank Victoria Archives Ephemera Collection holds many fascinating items dating back as far as 1842 all the way to 1992. With 'Old Stuff Day' coming up on the 2nd of March, we thought it an excellent time to take a trip back in time with one of the boxes from this collection - we've chosen Unit 248 from the series. Let's take a look...
The State Savings Bank archive collection was transferred to Public Record Office Victoria in 1995. The first Government controlled savings bank was established on 1 January 1842 under New South Wales legislation. Known as the Savings Bank of Port Phillip it was administered by a Board of Trustees and a Vice-President. Branches of this Bank were subsequently established in other parts of the colony.
In 1853 a statutory body known as The Commissioners of Savings Banks in the Colony of Victoria was constituted under the Savings' Bank Act and each bank was thereafter to be a separate and independent institution with its own trustees and officers - however, between 1896 and 1912 the independent Savings Banks of Victoria merged to become a single institution and this development was formalised by the 1912 legislation.
From 1980 the Bank was known as the State Bank of Victoria under the provisions of the State Bank Act 1980.
The State Bank of Victoria established its own Archives before the Bank was sold in 1990 to the Commonwealth Bank of Australia. After the sale, the Archives of the State Bank continued to operate until the Archives' holdings were transferred to the state archives.