mutual savings bank
1mutual savings bank — n. a state chartered savings bank owned by its depositors and managed by a board of trustees. Abbreviated {MSB}. [WordNet 1.5] …
2mutual savings bank — ☆ mutual savings bank n. a savings bank that has no capital, its depositors sharing all the net profits …
3Mutual savings bank — For mutual banks, see mutualism (economic theory). Banking A series on …
4mutual savings bank — A state chartered savings bank which is owned by its depositors and managed by a fiduciary board of trustees . Bloomberg Financial Dictionary * * * mutual savings bank mutual savings bank ➔ bank1 * * * mutual savings bank UK US noun [C] BANKING,… …
5mutual savings bank — noun a state chartered savings bank owned by its depositors and managed by a board of trustees • Syn: ↑MSB • Hypernyms: ↑savings bank * * * noun : a bank organized without stock which receives savings deposits and whose earnings accrue entirely… …
6mutual savings bank — a noncapitalized savings bank that distributes its net earnings to depositors. * * * …
7mutual savings bank — noun a non capitalised savings bank distributing its profits to depositors …
8mutual savings bank — /ˌmju:tʃuəl seɪvɪŋz bæŋk/ noun a savings bank which is owned by the customers who have deposits with it …
9Mutual Savings Bank - MSB — A type of thrift institution, originally designed to serve low income individuals, that historically invested in long term, fixed rate assets such as mortgages. Initiated in 1816, the first mutual savings banks (MSBs) were the Philadelphia Saving …
10mutual savings bank — A bank organized by depositors, whose interest is shown by certificates of deposit, for the purpose of furnishing a safe depositary for money of members. It need not be incorporated or under supervision unless state law so requires. A C… …
