61 Choa Chu Kang Drive #01-04 Yew Tee MRT Station Singapore 689715
61 Choa Chu Kang Drive Singapore 689715 SG

Founded on January 1, 1877 as the Post Office Savings Bank (POSB), the bank belonged to the Postal Provider Department in the Straits Settlements and was established by the colonial government to supply banking services for lower-income citizens.Headquartered in the General Post Office Structure, in Raffles Place, the bank was under the jurisdiction of the Postmaster-General, with bank policies managed by a group of trustees selected by the Guv of the Straits Settlement. From 1877 to 1940, the bank had a stable development of accounts opened increasing from 211 to 57,000 while overall deposits increased from 19,862 to 14.3 million Straits dollars throughout the very same period.

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