![Commonwealth Bank of Australia](https://lcc.asn.au/wp-content/uploads/2023/06/Commonwealth-Bank-Hero-Image.jpg)
The Commonwealth Bank was founded under the Commonwealth Bank Act in 1911 and commenced operations in 1912, empowered to conduct both savings and general banking business. Today, we’ve grown to a business with more than 800,000 shareholders and 52,000 people working in the Commonwealth Bank Group. We offer a full range of financial services to help all Australians build and manage their finances.