BankSA has been part of the fabric of South Australia since March 11, 1848, when The Savings Bank of South Australia, the forerunner of today’s BankSA, began its life as a small one-person outfit.

On that day, John Hector, the bank’s sole employee, opened the bank’s books and the doors of its single room office, which was provided, free of rent, by the Glen Osmond Union Mining Company, in Gawler Place, Adelaide.