mutual savings bank
noun
a noncapitalized savings bank that distributes its net earnings to depositors.
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Words nearby mutual savings bank
mutual inductance, mutual induction, mutual insurance, mutual insurance company, mutual resistance, mutual savings bank, mutualism, mutualist, mutuality, mutualize, mutually exclusive
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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
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