From Longman Dictionary of Contemporary Englishsavings bankˈsavings bank noun [countable] BFBa bank where people can save small amounts of money and receive interest on it
Examples from the Corpus
savings bank• Arkan owns the best ice-cream parlour in Belgrade, a shopping centre, a savings bank and other businesses.• To the latter end he was also responsible for establishing a savings bank at Workington, and for various friendly societies.• Norwich Savings is a savings bank with 15 branches in eastern Connecticut.• The only bank that was established was a savings bank which was opened in the Monte de Piedad, the national pawnshop.• The Boston Five is a 167-year-old savings bank.From Longman Business Dictionarysavings bankˈsavings bankBANKING a bank where people can save small amounts of money and receive interest on it. Savings banks do not offer other general banking services → bank 