[3] Its prospectus referred to the earlier bank as having "resolved (by a majority of six votes only) to commit an act of unnecessary and gratuitous suicide.
It began operating regional branches from the 1850s, beginning with York (1855), and was the first bank to open on the Western Australian goldfields when it opened at Coolgardie in 1894.
[5] The bank's first premises were located in an adapted house on the corner of Pier Street and St George's Terrace, Perth (later the location of St Andrew's Church).
[3] It moved to new premises further west along St George's Terrace in 1846 and in 1886 built a permanent headquarters on the corner of William Street and St George's Terrace, being based there until the bank's closure.
[8][9][10] It had a network of eighty branches across Western Australia at the time of the amalgamation.