Perth Building Society
From Wikipedia, the free encyclopedia
Company typeBuilding society
IndustryFinancial services
Founded1862
FoundersGeorge Frederick Stone, J. Bruce, W. Knight, G. P. Pownall, H. Wakefield, Joseph Thomas Reilly
| Company type | Building society |
|---|---|
| Industry | Financial services |
| Founded | 1862 |
| Founders | George Frederick Stone, J. Bruce, W. Knight, G. P. Pownall, H. Wakefield, Joseph Thomas Reilly |
| Defunct | 1987 |
| Fate | Amalgamated with Hotham Permanent Building Society to form Challenge Bank |
Area served | Western Australia |
Perth Building Society was Western Australia’s first building society.[1] It operated from 1862 to 1987, when it amalgamated with the Hotham Permanent Building Society to form Challenge Bank.[2]
PBS was founded by WA Attorney General George Frederick Stone, Lt. Col. J. Bruce, Adjutant General W. Knight, Rev. G.P. Pownall, Magistrate H. Wakefield[3] and Joseph Thomas Reilly.[4]
It proposed an earlier merger in 1981 with Bendigo Building Society, but Bendigo customers and shareholders opposed the move.[5]
Bryce Moore's history of the Perth Building Society was published in 1989.[6]
