Cairns Bank (formerly and commonly known as "Cairns Penny") is an Australian financial institution, operating primarily in
retail banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking servi ...
. It was established in April 1899.
Cairns Bank operates a single outlet at 24 Grafton Street,
Cairns City,
Queensland
)
, nickname = Sunshine State
, image_map = Queensland in Australia.svg
, map_caption = Location of Queensland in Australia
, subdivision_type = Country
, subdivision_name = Australia
, established_title = Before federation
, established_ ...
().
History
On Saturday 22 April 1899, the Cairns Penny Savings Bank opened for the first time. On the first day 86 accounts were opened and a total of was deposited with the smallest deposit being one penny.
Over the years, the bank has undergone various transformations and name changes due to legislative changes. These are summarised below:
References
Further reading
*
*
External links
* {{Official website, https://cairnsbank.com.au/
Banks of Australia
Banks established in 1899
Mutual savings banks in Australia
Cairns, Queensland
Australian companies established in 1899