Savings-bank meaning

A bank that receives and invests the savings of private depositors and pays interest on the deposits.
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A bank in which savings may be deposited; esp., a banking establishment whose business is to receive and invest depositors' savings, on which it pays interest.
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A small container with a slot for receiving coins to be saved.
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See bank.
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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.
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Savings-bank Sentence Examples

  • Prominent buildings are St Joseph's Cathedral and the buildings of the Berkshire Life Insurance Company, the Agricultural National Bank and the Berkshire County Savings Bank.

  • The Strafford Savings Bank is said to be the largest and oldest savings institution in the state.

  • Here are the central offices of the letter, newspaper and telegraph departments, with the office of the Postmaster General; but the headquarters of the parcels department are at Mount Pleasant, Clerkenwell; those of the Post Office Savings Bank at Blythe Road, West Kensington, and those of the Money Order department in Queen Victoria Street.

  • Among the finest office buildings are the structures of the Albany City Savings Institution, National Commerical Bank, Union Trust Company, Albany Trust Company, the National Savings Bank, First National Bank, the New York State National Bank (1803, probably the oldest building in the United States used continuously for banking purposes) and the Albany Savings Bank.

  • The Hong-Kong savings bank has deposits amounting to about $1,100,000.

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