Advertisement
Advertisement
mutual savings bank
noun
- a noncapitalized savings bank that distributes its net earnings to depositors.
mutual savings bank
noun
- a savings bank having no subscribed capital stock and distributing all available net profit to depositors who, however, remain creditors without voting power
Discover More
Example Sentences
No amount of money can buy a man's way into a mutual savings bank.
From Project Gutenberg
Advertisement
Advertisement
Advertisement
Advertisement
Browse