state bank

noun

1
2
: a bank chartered by and operating under the laws of a state of the U.S.

Examples of state bank in a Sentence

Recent Examples on the Web For the first eight months of the year, American farmers had a limited need for capital, so excess funds held on deposit in state banks were shipped to New York banks or trust companies to earn a higher rate of return. Bob Pisani, CNBC, 11 Sep. 2024 When harvest time arrived in August, state banks began withdrawing their capital from New York, as farmers drew on their accounts to fund transactions required to ship crops to market. Bob Pisani, CNBC, 11 Sep. 2024 Sanctions on Russia targeting allies of President Vladimir Putin and state banks had no apparent effect on control of Crimea. Federica Cocco, Washington Post, 25 July 2024 Critically, Western sanctions are now targeted against major Russian state banks. Anders Åslund, Foreign Affairs, 25 May 2022 See all Example Sentences for state bank 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'state bank.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1702, in the meaning defined at sense 1

Time Traveler
The first known use of state bank was in 1702

Dictionary Entries Near state bank

Cite this Entry

“State bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/state%20bank. Accessed 5 Oct. 2024.

Legal Definition

state bank

see bank

Last Updated: - Updated example sentences
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