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state bank

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noun

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

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Origin of state bank

An Americanism dating back to 1805–15
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

British Dictionary definitions for state bank

state bank

noun

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