Cairns Bank


Cairns Bank is an Australian financial institution, operating primarily in retail banking. It was established in April 1899.
Cairns Bank operates a single outlet at 24 Grafton Street, Cairns City, Queensland.

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:
NameYearsCause of change
Cairns Weekly Penny Savings BankApril 1899 - 1946
The Cairns Cooperative Weekly Penny Savings Bank1946-1987Cooperative Societies Act
Cairns Penny Bank1987-2004
Cairns Penny Savings & Loan Limited2004-2020Banking Act 2004
Cairns Bank2020–present