The Commercial Banking Company of Sydney Limited, also known as the CBC, or CBC Bank, was a bank based in

Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

. It was established in 1834, and in 1982 merged with the

National Bank of Australasia The National Bank of Australasia was a bank based in Melbourne. It was established in 1858, and in 1982 merged with the Commercial Banking Company of Sydney to form National Australia Bank. History In 1858, Alexander Gibb, a Melbourne gentlema ...

to form

National Australia Bank National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers. NAB was ranked 21st-la ...

History

On 8 September 1834 the '' Sydney Herald'' carried a notice titled "The Commercial Banking Company of Sydney" proposing the establishment of a new bank. It began operations on 1 November 1834 and in 1848 was incorporated by an Act of the

New South Wales Parliament The Parliament of New South Wales is a bicameral legislature in the Australian state of New South Wales (NSW), consisting of the New South Wales Legislative Assembly (lower house) and the New South Wales Legislative Council (upper house). Each ...

. Sir Edward Knox was the first bank manager and later a director. Thomas Barker, a manufacturer, engineer, politician, landowner and philanthropist, was a notable director and chairman. William Rutledge (born 1806 - died 1876 Port Fairy, Victoria, Australia), merchant, banker and early settler, also became a director of the bank in 1839. The CBC grew to service the expanding pastoral and farming industries of the then

Colony of New South Wales The Colony of New South Wales was a colony of the British Empire from 1788 to 1901, when it became a State of the Commonwealth of Australia. At its greatest extent, the colony of New South Wales included the present-day Australian states of New ...

. It absorbed the

Bank of Victoria A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...

in 1927. In July 1982, CBC Bank helped to fund a tour of

Bob Merritt Bob Merritt is the retired senior pastor of Eagle Brook Church in suburban Minneapolis-St. Paul, Minnesota, USA, a megachurch. Early life and education Merritt's father was Calvin Merritt, pastor of the First Baptist Church in Neshannock Towns ...

's play ''

The Cake Man ''The Cake Man'' is a 1975 play by Aboriginal Australian writer Bob Merritt, notable for being the first play written by an Indigenous Australian person to be published, televised and to tour out of Australia. A telemovie was made of a 1977 per ...

'' to

Denver, Colorado Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unit ...

. In 1982 the bank merged with the

to form

Legacy

The bank constructed many substantial and ornate buildings as branches throughout Australia. A number of extant buildings are

heritage-listed This list is of heritage registers, inventories of cultural properties, natural and man-made, tangible and intangible, movable and immovable, that are deemed to be of sufficient heritage value to be separately identified and recorded. In many ...

, including: * Armidale branch office * Bega branch office * Berrima branch office * Dubbo branchfirst office, Corner of Bultje and Macquarie Streets * Dubbo branchsecond office, 110-114 Macquarie Street * Kiama branch office *Moree Plains Gallery now known as Bank Art Museum Moree (BAMM)

References

{{NABGroup Banks established in 1834 Defunct banks of Australia Financial services companies based in Sydney National Australia Bank Australian companies established in 1834