SBS Bank is a registered bank in New Zealand which was founded in 1869. In October 2008 it gained bank registration and the Southland Building Society became SBS Bank. Initially, when founded in 1869, SBS Bank was called Southland Building, Land and Investment Society but was renamed as Southland Building and Investment Society and Bank of Deposit in 1876. For the first 30 years, James Walker Bain was the society's president.