Melbourne Savings Bank (Former)

Location

56-58 Ferguson Street WILLIAMSTOWN, Hobsons Bay City

Level

Incl in HO area contributory

Statement of Significance

What is Significant?

The Melbourne Savings Bank (Former), designed by Wight & Lucas and constructed in 1887-88, at 56-58 Ferguson Street, Williamstown.

How is it Significant?

The Melbourne Savings Bank (Former) is of local historic, social and aesthetic significance to the City of Hobsons Bay.

Why is it Significant?

Historically, it is significant as the fourth known Savings Bank in metropolitan Melbourne and the first purpose built bank in Ferguson Street. It demonstrates the development of Williamstown and the emerging importance of Ferguson Street in the late nineteenth century as the primary commercial centre in the city. (AHC criteria A4 and D2)

Aesthetically, it is significant as an altered example of Italian Renaissance Revival Bank. Situated on a prominent corner site, it is a local landmark that contributes to the historic character of Ferguson Street. (AHC criteria E1 and F1)

Socially, it illustrates the important role of banks in nineteenth century society. (AHC criterion G1)

Group

Commercial

Category

Bank