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.
Apart from the releasing of hundreds of billions of euros in German savings banks for example, into private and private investments, what Europe also needs is a structural shift in the appetite for risk. Mike O'Sullivan, Forbes.com, 30 May 2025 Investment advisory services as Advisor of Northwestern Mutual Wealth Management Company®, a subsidiary of NM and federal savings bank. Joshua Harmon, Forbes.com, 12 May 2025 The report also shared that approximately one in four Gen-Z consumers and one in five Millennial customers who were concerned with banking safety would switch to a community bank, savings bank, or credit union. Gary Drenik, Forbes.com, 24 Apr. 2025 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 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

Cite this Entry

“Savings bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20bank. Accessed 13 Jun. 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
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!