mutual savings bank
noun
a noncapitalized savings bank that distributes its net earnings to depositors.
Words Nearby mutual savings bank
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use mutual savings bank in a sentence
No amount of money can buy a man's way into a mutual savings bank.
Readings in Money and Banking | Chester Arthur Phillips
British Dictionary definitions for mutual savings bank
mutual savings bank
noun
mainly US a savings bank having no subscribed capital stock and distributing all available net profit to depositors who, however, remain creditors without voting power
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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