postal savings bank

noun

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

Word History and Origins

Origin of postal savings bank¹

First recorded in 1890–95

Example Sentences

For now, despite the ban, people in North Mitrovica are still using dinars and can even withdraw them from Postal Savings Bank cash machines.

Read more on BBC

Agricultural Bank of China, Bank of China and Postal Savings Bank of China said they reached fast credit growth in the first three quarters this year and will continue to contribute financial strength needed for the stable and high-quality operation of the economy.

Read more on Reuters

Banks including Agricultural Bank of China, China Construction Bank, Industrial Bank and Postal Savings Bank of China said on Thursday their mortgage books tied to uncompleted or delayed home projects were relatively small and the risk was controllable.

Read more on Reuters

China's Postal Savings Bank also said it would not facilitate any cryptocurrency transactions.

Read more on BBC

BHR is about 80 percent controlled by Chinese government entities, including the country’s postal savings bank, a pension fund, and the Bank of China.

Read more on Washington Times