savings bank

noun

: a bank organized to hold funds of individual depositors in interest-bearing accounts and to make long-term investments (as in home mortgage loans)

Examples of savings bank in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
For instance, Spain's La Caixa savings bank may use Broadcaster to reach all 4,000 branches with alarms about nonperforming loans or with prospect lists for some new marketing push. Sabre Group, which books $66 billion of travel reservations a year, is also a MicroStrategy customer. Janet Novack, Forbes, 30 Jan. 2025 Avangrid is going on offense at a time when its return on equity, a measure of financial performance set by PURA, has fallen so low that potential investors the company needs to raise capital can earn more by putting money in a savings bank. Edmund H. Mahony, Hartford Courant, 10 Aug. 2024 Walden is a mutual savings bank and a certified B-corporation, or a for-profit corporation certified with a social impact. Medora Lee, USA TODAY, 13 May 2024 Prosecutors may also call company representatives from AT&T, Verizon, T-Mobile, Sprint, a savings bank in Danbury, Apple and Google. Taylor Hartz, Hartford Courant, 15 Jan. 2024 See all Example Sentences for savings bank 

Word History

First Known Use

1813, in the meaning defined above

Time Traveler
The first known use of savings bank was in 1813

Dictionary Entries Near savings bank

Cite this Entry

“Savings bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20bank. Accessed 18 Feb. 2025.

Kids Definition

savings bank

noun
: a bank that receives and invests savings and pays interest to depositors

Legal Definition

savings bank

see bank

More from Merriam-Webster on savings bank

Last Updated: - Updated example sentences
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