What is another word for savings bank?

27 synonyms found


[ sˈe͡ɪvɪŋz bˈaŋk], [ sˈe‍ɪvɪŋz bˈaŋk], [ s_ˈeɪ_v_ɪ_ŋ_z b_ˈa_ŋ_k]

A savings bank is a financial institution that primarily caters to individuals and small businesses, with the primary goal of promoting saving and thrift. Some of the synonyms for a savings bank include a thrift institution, a savings and loan association, a building society, or a savings association. Although these institutions may differ in their legal structures and approaches to business, they share common goals of promoting savings, offering competitive interest rates, and providing access to a range of financial products and services. Whether you need a safe place to stash your cash, a loan for a major purchase, or personalized financial advice, a savings bank can offer a range of options to help you meet your financial goals.

Synonyms for Savings bank:

How to use "Savings bank" in context?

A savings bank is a financial institution that lends money to its customers. The bank typically deposits customers' money in a variety of interest-bearing accounts, which customers can use to purchase items or withdraw cash. Rates of return on savings deposits are typically higher than those on conventional bank deposits.

Hyponym for Savings bank:

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