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

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

Such state bank dollar selling was meant to slow the pace of yuan declines, one of the sources said.

From Reuters • Jul. 20, 2023

This will be a tough one for every politician and policymaker who tries to create a balance between providing some realistic semblance of justice without breaking the state bank.

From Los Angeles Times • May 18, 2023

What I have quoted you is simply the law, the law governing national and state bank deposits, that you can read up on yourself, just the same as I have done.

From The Conquest The Story of a Negro Pioneer by Micheaux, Oscar