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

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

Ivan Nosov, head of the Indian branch of Russia's top state bank Sberbank, said Russian exporters will have to help India to increase its exports.

From Reuters • Nov. 27, 2023

The Revolutionists seized the offices of the telephone and telegraph companies and occupied the state bank and the Marie Palace where the preliminary Parliament had been sitting.

From History of the World War An Authentic Narrative of the World's Greatest War by March, Francis Andrew