Perth Building Society was

Western Australia Western Australia (commonly abbreviated as WA) is a state of Australia occupying the western percent of the land area of Australia excluding external territories. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to ...

’s first

building society A building society is a financial institution owned by its members as a mutual organization. Building societies offer banking and related financial services, especially savings and mortgage lending. Building societies exist in the United Kingdo ...

. It operated from 1862 to 1987, when it amalgamated with the

Hotham Permanent Building Society Hotham may refer to: Places Australia *Hotham, Northern Territory, a locality *Division of Hotham, Australian electoral division *Mount Hotham, Australia *The original name of North Melbourne, Victoria, Australia Elsewhere * Hotham, East Riding of ...

to form

Challenge Bank Challenge Bank was an Australian bank. It was established in April 1987 when the Hotham Permanent Building Society of Victoria and Perth Building Society of Western Australia merged. In December 1995 it was purchased by Westpac. In May 1996, th ...

. PBS was founded by WA Attorney General

George Frederick Stone George Frederick Stone (1812 – 18 August 1875) was a Western Australian lawyer and Attorney General of Western Australia from 1854 to 1857 and again from 1860 to 1870.E. M. Russell, ‘Early Lawyers of Western Australia’, Journal and Proceed ...

, Lt. Col. J. Bruce, Adjutant General W. Knight, Rev. G.P. Pownall, Magistrate H. Wakefield and

Joseph Thomas Reilly Joseph is a common male given name, derived from the Hebrew Yosef (יוֹסֵף). "Joseph" is used, along with "Josef", mostly in English, French and partially German languages. This spelling is also found as a variant in the languages of the m ...

. It proposed an earlier merger in 1981 with Bendigo Building Society, but Bendigo customers and

shareholders A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal o ...

opposed the move. Bryce Moore's history of the Perth Building Society was published in 1989.Moore, Bryce, (1989) ''A superior kind of savings bank : Perth Building Society 1862-1987''. Perth, W.A : Challenge Bank in association with Centre for Western Australian History, University of Western Australia. (pbk.).

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See also