Noun: savings bank
- A thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
"The community savings bank offered competitive interest rates on savings accounts"
- A container (usually with a slot in the top) for keeping money at home
"the savings bank was empty";
- coin bank, money box, bank
Derived forms: savings banks
Type of: container, thrift [US], thrift institution [US]
Encyclopedia: Savings bank