The A.N.Z. Bank, had by the 1950s, been established in Morwell for many years. Circa 1903, the bank amalgamated with the Union Bank and became Australia & New Zealand Bank of Australasia at 184 Commercial Road.
This building was demolished and a new building opened in December 1959
To handle an increase in the bank’s business, an agency was established at 207A Princes Highway on 5th December 1955. The building, which was of the “open-style”, featured windows made from large panes of plate glass. Below the window line, the building’s front was decorated with pastel blue terrazzo tiles. The exposed brickwork was of a salmon colour. The banking chamber’s interior fittings were fashioned from Queensland Maple.
