Bank of New South Wales

The Bank of New South Wales had decided to open a branch on the Turon goldfield in 1853 but the idea was not followed up. It was 1856 before the bank finally opened in Bathurst in rented premises in George Street after signing an agreement with their landlord for £250 per annum for three years. By early September these first premises were "being fitted out ready for business". The bank board was fully aware of all the gold that was being found locally along the Turon and other gold fields so they were bound to take the opportunity to purchase as much gold as possible.