Savings bank Meaning, Definition & Usage

  1. noun a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
  2. noun a container (usually with a slot in the top) for keeping money at home
    coin bank; money box; bank.
    • the coin bank was empty

WordNet


Definitions
  1. a bank in which savings or earnings are deposited and put at interest.

Webster 1913