mutual savings bank

English

Noun

mutual savings bank (plural mutual savings banks)

  1. A financial institution chartered by a central or regional government, without capital stock, that is nominally owned by its members, who subscribe to a common fund.

Coordinate terms

Translations

This article is issued from Wiktionary. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.