Agency:
Hobart Savings Bank
Agency Number:
Start Date:
01 Mar 1845
End Date:
31 Aug 1971
Description:
The Hobart Savings Bank was established by a group of Hobart entrepreneurs headed by George Washington Walker. This bank located at Walker's shop No.65 Liverpool Street opened for business on the 1st of March 1845. ;;The function of the bank in the words of the draper Quaker, Walker, was as follows : " the encouragement of frugality, prudence, and industry in the community, and more particularly to enable working classes to improve their circumstances, by means easily within their reach. It offers to all who choose to avail themselves of its advantages a safe mode of investing their savings, affording them not only security but interest for their money, and the liberty of withdrawing either the whole or any part whenever needed." By the end of the first year of trading 601 accounts were in operation.;;In 1853 Walker sold his drapery business and the bank needed to find new accommodation "within the ordinary haunts of business and tolerably central.";;The bank continued to be housed in Walker's new premises located in Collins Street opposite the Hobart Town Courier. In 1857 the government made a decision to vacate the Hobart Gaol located on the corner of Murray and Macquarie Street. In July of 1859 a new building on this site became the head office of the Hobart Savings bank. In the following years the bank had numerous branches in the towns and suburbs of Tasmania. ;;Subsequently, after mergers, the bank became known as the Tasmania Bank (1989) and Trust Bank (1991).;;For more detailed information see NS1167/1/188 which is a book detailing the history of the bank - The Centenary of The Hobart Savings Bank published by Walch and Sons.
Information Sources:
The Courier (Hobart, Tas), February 20 1845, p. 3. The Centenary of The Hobart Savings Bank published by Walch and Sons
Functions Performed:
Tasmanian businesses
Subsequent Agencies:
Savings Bank of Tasmania (NG1167) | 01 Aug 1971 | 13 Nov 1991 |
Series Created By Agency:
NS5168 Miscellaneous Records | 01 Jan 1845 | 31 Dec 1966 |
NS1167 Records of the Hobart Savings Bank, Savings Bank of Tasmania and the Trust Bank | 01 Mar 1845 | 13 Nov 1997 |
NS3863 Index to Board Minutes | 01 Feb 1874 | 31 Dec 1920 |
NS3861 Minutes of the Executive Committee | 06 Sep 1911 | 05 Aug 1971 |
NS5277 Burnie - Registry Book | 01 Dec 1919 | 31 May 1982 |
NS5298 Burnie - Cash Book | 01 Dec 1919 | 31 Dec 1922 |
NS5297 Burnie - General Ledger | 15 Dec 1919 | 28 Feb 1963 |
NS5299 Burnie - Probate Book | 01 Jan 1920 | 31 Dec 1958 |
NS1791 Plan & Specifications for the Hobart Savings Bank, Sandy Bay, Lauriston Crisp, Architect. | 01 Jan 1933 | 31 Dec 1933 |
NS5295 Murray Street - Fortnightly Salary Sheets | 01 Jul 1959 | 30 Jun 1970 |
NS5276 Bellerive - Registry Book | 01 Jul 1964 | 30 Jun 1982 |
NS5293 Liverpool Street - Personal Cheque Account Register | 01 Jan 1966 | 31 Dec 1980 |
NS7187 Probate Book | 01 Jan 1966 | 31 Dec 1993 |
NS5296 Burnie - Personal Cheque Register Account Book | 07 Jun 1966 | 10 Jun 1980 |
NS7155 Photographs | 01 Jan 1970 | 31 Dec 1990 |
NS5288 Half Yearly Reports | 01 Feb 1970 | 31 Aug 1982 |
NS3862 Consultants Reports | 01 Oct 1970 | 30 Oct 1972 |