state bank

noun

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

Origin of state bank

An Americanism dating back to 1805–15

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for state bank

Historical Examples of state bank

I am against State-bank bankruptcy, and all sorts of bankruptcy whatever.
Presidential Candidates:
D. W. Bartlett
Whether or not any further legislation is advisable for the suppression of State-bank issues it will be for Congress to determine.
A Compilation of the Messages and Papers of the Presidents: Lincoln
Compiled by James D. Richardson
Slight differences between the requirements for trust-company reserves and those for state-bank reserves are chiefly of two kinds.
Readings in Money and Banking
Chester Arthur Phillips

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