savings bank

Definitions of savings bank
  1. noun
    a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
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    MSB, mutual savings bank
    a state-chartered savings bank owned by its depositors and managed by a board of trustees
    FSB, federal savings bank
    a federally chartered savings bank
    type of:
    thrift institution
    a depository financial institution intended to encourage personal savings and home buying
  2. noun
    a container (usually with a slot in the top) for keeping money at home
    synonyms: bank, coin bank, money box
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    penny bank, piggy bank
    a child's coin bank (often shaped like a pig)
    type of:
    any object that can be used to hold things (especially a large metal boxlike object of standardized dimensions that can be loaded from one form of transport to another)
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