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savings bank

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noun
a bank that receives savings accounts only and pays interest to its depositors.
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Origin of savings bank

First recorded in 1810–20
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use savings bank in a sentence

British Dictionary definitions for savings bank

savings bank

noun
a bank that accepts the savings of depositors and pays interest on them
a container, usually having a slot in the top, for saving coins
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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