savings bank

A bank that makes primarily home mortgage and some other consumer loans, receives deposits and pays interest on them, and may offer checking accounts.

• Historically, savings banks did not provide any checking services. [Cases: Banks and Banking 289. C.J.S. Banks and Banking §§ 599–600.]


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译者Stanley,毕业于法国顶尖的高级翻译学院,擅长翻译各种与数据保护与网络安全相关的法律文件。
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