MUTUAL SAVINGS BANK

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does mutual savings bank mean? 

• MUTUAL SAVINGS BANK (noun)
  The noun MUTUAL SAVINGS BANK has 1 sense:

1. a state-chartered savings bank owned by its depositors and managed by a board of trustees

  Familiarity information: MUTUAL SAVINGS BANK used as a noun is very rare.

 Dictionary entry details 

• MUTUAL SAVINGS BANK (noun)

Sense 1

Meaning:

A state-chartered savings bank owned by its depositors and managed by a board of trustees

Classified under:

Nouns denoting groupings of people or objects

Synonyms:

MSB; mutual savings bank

Hypernyms ("mutual savings bank" is a kind of...):

savings bank (a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks)