Dictionary.com
Thesaurus.com

postal savings bank

American  

noun

  1. any of the savings banks formerly operated by local post offices and limited to small accounts.


Etymology

Origin of postal savings bank

First recorded in 1890–95

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The U.S. even had a public banking system, in the form of the U.S. postal savings bank, which was abolished in the 1960s but perhaps should be revived.

From Salon • May 18, 2010

What are the advantages of a postal savings bank system?

From Government in the United States National, State and Local by Garner, James Wilford

An objection repeatedly urged against the establishment of a postal savings bank was that it would prove a competitor to existing banks.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

The United States should establish a postal savings bank.

From Practical Argumentation by Pattee, George K.

Let us nail it to our radical program that the postal savings bank is to fight for business, just as do the private banks, and lend its funds direct to the people on good security.

From The Book of Life by Sinclair, Upton

Vocabulary.com logo
by dictionary.com

Look it up. Learn it forever.

Remember "postal savings bank" for good with VocabTrainer. Expand your vocabulary effortlessly with personalized learning tools that adapt to your goals.

Take me to Vocabulary.com