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state bank

noun
  1. 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. 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.

  • 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
  1. (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
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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