CBC BANK (FORMER)

The former Commercial Banking Co. (CBC) Bank, designed by W.H. Eales and constructed in 1938, at 15 Commercial Street, Korumburra is significant. It is an Interwar bank with a stark symmetrical double height clinker brick parapet facade which expresses the double height former banking chamber behind and is relieved with rendered Egyptian motifs. The facade is dominated by a pair of slender detached grand order columns in a shallow recess that support a narrow hood over the entry door. On either side are multi-pane metal framed windows with narrow moulded render architraves with false keystones. The Egyptian motif repeats in the moulding of the parapet capping, the columns, the keystones and the entry hood. Above the door is a rendered medallion with the CBC bank logo. 
Non-original alterations and additions are not significant.

The former CBC bank at 15 Commercial Street, Korumburra is of local representative and aesthetic significance to South Gippsland Shire.

It is significant as a fine example of an interwar bank that illustrates the transition to the 'austere' modern bank styles of the late 1930s. Typical of transitional examples, the entrance with its pair of slender detached grand order columns in a shallow recess supporting a narrow hood is the architectural focus of the design, and the stark expression of the sheer brick parapet walls is relieved by the rendered mouldings with Egyptian motifs used in the parapet capping, the columns, the keystones and the entry hood. The sheer, two storey scale imparts an imposing street presence, and it forms an important landmark group within Commercial Street with the similarly imposing (though stylistically contrasting) Sutcliffe's Buildings next door. (Criterion D and E)
It is significant as a rare example of a building which displays characteristics of the Egyptian Revival style. (Criterion B)