state bank

American  

noun

1. a bank chartered by a state and operated under the banking laws of that state.

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state bank British  

noun

1. (in the US) a commercial bank incorporated under a State charter and not required to be a member of the Federal Reserve System Compare national bank

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Etymology

Origin of state bank

An Americanism dating back to 1805–15

Example Sentences

See Examples For:

state bank

Bowman, a former community banker and state bank commissioner who generally favors a more hands-off approach to supervision, said certain post-2008-09 financial crisis banking restrictions led to private credit expanding outside of banking.

From Barron's ● Jun. 4, 2026

The Kraken unit, which has a special type of Wyoming state bank charter geared toward crypto companies, previously relied on intermediary banks to move money to other firms.

From The Wall Street Journal ● Mar. 4, 2026

Donors would buy bonds from the state bank anonymously and then pass them on to politicians.

From New York Times ● Mar. 15, 2024

The cost of shorting the yuan jumped, the state bank sources told Reuters, as seen from sudden rises in offshore yuan tomorrow-next forward points .

From Reuters ● Aug. 21, 2023

A state bank, organized in 1883, has a capital stock of $25,000, and a surplus of $12,500.

From Fifty Years In The Northwest With An Introduction And Appendix Containing Reminiscences, Incidents And Notes by Folsom, William Henry Carman