Bank of New South Wales History
30 days after the lender decided to take over the Oriental Bank's brand new Zealand business in April 1861, gold had been discovered in Otago and our bankers had been shortly operating on ponies and resting in tents to service the gold-fields. Because of the end of the season, the lender of brand new Southern Wales (BNSW) had established seven branches in New Zealand.
Modern technology came to the BNSW because of the arrival of the phone.
The initial typewriter had been purchased and caused a tiny controversy.
The industrial Bank of Australia (CBA) opened 19 limbs throughout New Zealand.
1915 war-time staff
World War we took the life of 31 BNSW staff during energetic solution.
The first feminine staff members when it comes to BNSW were employed as a result of war.
Including machines had been introduced – so important, these people were kept within the strongroom.
Branches damaged and staff hurt inside devastating Hawke’s Bay quake.
1931 Hawke's Bay quake
Another World War – 29 BNSW staff had been killed. More females were employed by the bank and remained on after the war.
Initial bank uniforms had been provided to female staff at the CBA‘s Christchurch part in 1942. Because of the 1950s uniforms became typical for ladies, nonetheless they needed to change out-of all of them to go out of the part – also for meal.
Burrough’s ledger machines popular by many branches.
CBA was 1st bank to promote it would provide cash to ladies with this “Yes we do provide money to Women” campaign.
The financial institution screened its first television commercial and firearms had been withdrawn from the banking institutions.
Not any longer a necessity for basement weapon range at 79 Queen Street where staff had been trained.
BankCard, the initial credit card, was introduced by ANZ, BNSW and Commercial Bank of New Zealand.
The CBA launched the relief helicopter sponsorship that became the Westpac Rescue Helicopter.
The BNSW joined up with forces utilizing the CBA and changed its title to Westpac.
Automatic teller devices (ATMs) had been introduced as fundamental cash card machines.
The union urged equal pay and changes to advertising treatments in banking institutions that discriminated against women. Westpac reacted absolutely – equal pay was introduced plus in 1985 the bank received a bouquet and a “rating of excellent” from the union for its affirmative action programme for ladies.
Westpac became a bigger and more powerful lender, with over 1.3 million customers, when it merged with Trust Bank.
This new millennium
First lender to supply Green mortgage loans to simply help brand new Zealanders afford environmentally responsible products.
Westpac celebrated 150 years of successful financial in brand new Zealand with over 1.2 million customers and over 200 branches all over the country.