MUTUAL SAVINGS BANK • FREE-TRANSLATOR.COM • Definition of Mutual savings bank

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/mjˈutʃuəl sˈeɪvɪŋz bæŋk/ Listen

Mutual savings bank

noun

A state-chartered savings bank owned by its depositors and managed by a board of trustees. Synonym: MSB.

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Etymology of 'Mutual savings bank'

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"Mutual savings bank" Quotes from Famous Books

... while the quake lasted, its foundations are undamaged. Other steel buildings which are so little damaged as to admit of repairs more or less extensive are the James Flood, the Union Trust, the CALL building, the Mutual Savings Bank, the Crocker-Woolworth building and the Postal building. All of these are modern buildings of steel construction, from sixteen ...

— The San Francisco Calamity • Various