The State Bank of Victoria was a bank that existed from 1842 until 1990 when it was taken over by the Commonwealth Bank. It was owned by the State of Victoria.A government-controlled savings bank had been founded on 1 January 1842 as the Savings Bank of Port Philip. The independent Savings Banks merged over time and this development was recognized by legislation in 1912, whereupon the bank was established as the State Savings Bank of Victoria.
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