Social Sciences and the Law

What is a savings bank?

Link to this answer

CloseClose

Link to this answer

Share this credible answer with others. Simply paste this code into your blog or Web page:

<a href="http://qanda.encyclopedia.com/question/savings-bank-406239.html" >What is a savings bank?</a>
E-mail this answer Link to this answer

... financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest.

Answer verified with
Get more facts and information about savings bank . Or, view the full encyclopedia entry from The Columbia Encyclopedia, Sixth Edition.

Similar questions: What is the definition of a savings bank? How can you explain a savings bank? [ Hide these questions ]

Related research questions

Related research articles

The saving solution.
Magazine article from: Business Economics ...Along with this emphasis on savings as a problem, the usual corollary...leading economists concluded at a Bank Credit Analysts' conference...inadequacy of U.S. domestic savings was the single overriding concern...financial system."(1) U.S. SAVINGS RATE TRENDS As Figure 1 shows...
47 SAVINGS AND LOANS TAKEN OVER BY FDIC.(Business)
Newspaper article from: Albany Times Union (Albany, NY) ...taken over 47 insolvent savings and loan associations...deposits at commercial banks, to take control of...Association, Miami; Miami Savings Bank, Miami; Brickellbanc...Venice, and Royal Palm Savings Bank, West Palm Beach. ILLINOIS...
ALBANY SAVINGS SEEKS AVENUE BACK TO FDIC.(Business)
Newspaper article from: Albany Times Union (Albany, NY) ...which insures commercial banks. Great Western Financial...Irwindale-based Home Savings of America, the nation...unit, Bowery Savings Bank, an FDIC-insured...neither of the California banks' applications has been...Great Western and Home Savings would devastate an insurance...exodus ...
SAVINGS BONDS SOLID BASE.(MONEYWISE)
Newspaper article from: The Cincinnati Post (Cincinnati, OH) ...look down their noses at savings bonds'' because earnings...Union Planters National Bank in Memphis. ''If you...owners should consider savings bonds long term investments...out an order form at a bank, pay for the bond and...Or you can order a savings bond direct from the...
Home Savings prepares to take over 1st Interstate branches. (Home Savings of...
Magazine article from: Los Angeles Business Journal ...switched over to Home Savings' systems. The acquisition of bank branches will allow Home Savings "to jump with two feet...Pasadena branch. Home Savings is one of a number of...based Glendale Federal Bank and Chatsworth-based...
See all results at HighBeam

HighBeam gives you access to newspaper, magazine, and trade journal articles plus press releases, facts, information, and biographies from thousands of sources.