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BankSA is a wholly owned entity of St George Bank, which is owned by the Westpac Banking Corporation. Westpac is a publicly listed ASX private company with an Australian Financial Services Licence (AFSL). Both BankSA and Westpac are a part of the Australian Prudential Banking Deposit Scheme, which gives government assurances of all deposits ...
St.George Bank is an Australian bank with its headquarters in Sydney. Since a 2008 merger, the bank has been part of Westpac , having previously been an independent legal entity. In 2010, St.George was deregistered as a company and ceased to be a standalone authorised deposit-taking institution.
The Bank of Melbourne is a financial institution operating in Victoria, Australia.A subsidiary of Westpac, it commenced operations on 25 July 2011.. The Bank of Melbourne initially rebadged the Victorian business of St George Bank, another wholly owned subsidiary of Westpac, as part of a major local branding strategy.
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Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
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In 1992, Advance Bank bought the "good bank" and continued to run it as a separate entity named the Bank of South Australia, and trading as BankSA. In 1997, St George Bank took over the Advance Bank and its BankSA subsidiary. In 2008, St George merged with Westpac.
The building society was demutualised in 1985 and became known as the Advance Bank. [3] In 1995, Advance Bank acquired the State Bank of South Australia, which it continued to run as a separate business unit as BankSA. [1] Advance Bank (and its BankSA subsidiary) was taken over in 1997 by St George Bank, itself another former building society. [4]