|
Definition of Savings bank
1. Noun. A thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks.
Generic synonyms: Thrift Institution
Specialized synonyms: Msb, Mutual Savings Bank, Federal Savings Bank, Fsb
Specialized synonyms: Msb, Mutual Savings Bank, Federal Savings Bank, Fsb
2. Noun. A container (usually with a slot in the top) for keeping money at home. "The coin bank was empty"
Exact synonyms: Bank, Coin Bank, Money Box
Generic synonyms: Container
Specialized synonyms: Penny Bank, Piggy Bank
Generic synonyms: Container
Specialized synonyms: Penny Bank, Piggy Bank
Definition of Savings bank
1. Noun. A type of financial institution that focuses on retail banking: savings of private depositors, payments, credits and insurances for individuals or small and medium-sized enterprises. ¹
¹ Source: wiktionary.com