Definition of "savings bank" []

• A bank that receives and invests the savings of private depositors and pays interest on the deposits. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Resolved, that the committee on banks be instructed to enquire into the expediency of establishing a savings bank at Goodson, Washington county."
• "A bill to incorporate the Monongalia savings bank in the county of Monongalia."
• "He was glad to be able to defeat Stuyvesant in one of his nefarious schemes, and to be the instrument of returning Miss Norris her savings bank book."