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Southern Permanent Co-Operative Building Society (c. 1955 - 1973)

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The Southern Permanent Co-operative Building Society Ltd. began operations in the early 1950s and was organised to facilitate property loans for its members. Membership was granted through the purchase of shares, and the Society maintained a set of rules which determined whether members were eligible for loans. The Society regularly raised loans from the Commonwealth Bank and the Southern Permanent Co-operative Building and Investment Society for the purpose of re-loaning to members. Members granted loans for properties and were required to maintain those properties and to insure them against damage, subject to inspection by the Society.

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Structure based on ISAAR(CPF) - click here for an explanation of the fields.Prepared by: Sophie Patrick
Created: 18 July 2002
Modified: 7 June 2006

Published by The Australian Science and Technology Heritage Centre, 5 April 2004
Prepared by: Acknowledgements
Updated: 23 February 2010

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