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

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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 Kolomoisky was the main owner of PrivatBank, the country’s largest savings bank, which was nationalized after he was accused of being responsible for the disappearance of billions of dollars of bank assets. —

Siobhán O'Grady, Washington Post, 8 Sep. 2023 See all Example Sentences for savings bank