mutual savings bank

1. 1.

   a state-chartered savings bank owned by its depositors and managed by a board of trustees

   SynonymsMSB

   Broadersavings bank

Questions about mutual savings bank

What does mutual savings bank mean?

mutual savings bank means "a state-chartered savings bank owned by its depositors and managed by a board of trustees".

What is another word for mutual savings bank?

Close synonyms include MSB. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is mutual savings bank a common word?

mutual savings bank is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.