state bank

noun

1. a bank chartered by a state and operated under the banking laws of that state.

state bank

noun

1. (in the US) a commercial bank incorporated under a State charter and not required to be a member of the Federal Reserve System Compare national bank

Word History and Origins

Origin of state bank¹

An Americanism dating back to 1805–15

Example Sentences

Jackson issued more vetoes than all previous presidents combined, unleashing state banks, state and private infrastructure projects and liberalizing trade.

From Washington Post

The State Bank of Adot had been an important institution in an unimportant community.

From Project Gutenberg

This bank still exists and has always been the state bank of Sweden.

From Project Gutenberg

The object of the tax was to secure the retirement of the State bank-notes to make room for the circulation of the national banks.

From Project Gutenberg

There is no state bank in the United States, and no government interference with the natural course of paying debts.

From Project Gutenberg

He turned the corner by the State Bank of Hope and walked boldly down the street.

From Project Gutenberg