[1] Despite its name, it was not a bank, as it did not accept deposits from the public, its liabilities being government bonds.

[9][10] In 1988, the headquarters moved to 108 St Georges Terrace, which was the tallest building in Perth at the time.

[14] In August 2003, HBOS completed a successful takeover offer for the shares it did not own with Bankwest delisted from the ASX.

[17] In October 2006, Bankwest announced it would move its headquarters from 108 St Georges Terrace to 300 Murray Street.

[22] The following month, with significant problems of its own during the 2007–2008 financial crisis, Lloyds TSB agreed terms to sell Bankwest to the Commonwealth Bank for $2.1 billion.

[28] In July 2018, Bankwest announced plans to close 29 branches in New South Wales, Victoria and Queensland citing that an overwhelming number of its customers were choosing to bank online.

[30] In March 2024, Bankwest announced that it will close all remaining 60 branches and automated teller machines (ATMs) by the end of 2024 and become a digital bank.

[34] In 2018, Bankwest signed a seven-year contract to be the naming rights sponsor of Western Sydney Stadium.