| / English Dictionary |
MUTUAL SAVINGS BANK
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A state-chartered savings bank owned by its depositors and managed by a board of trustees
Synonyms:
MSB; mutual savings bank
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("mutual savings bank" is a kind of...):
savings bank (a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks)
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