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Savings bank   /sˈeɪvɪŋz bæŋk/   Listen
Savings bank

noun
1.
A thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks.
2.
A container (usually with a slot in the top) for keeping money at home.  Synonyms: bank, coin bank, money box.



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"Savings bank" Quotes from Famous Books



... train of cars and a track to run it on? But if he bought that, then how could he get along without a jumping-jack that threw up its arms and legs when you pulled the string? And if he took the jumping-jack, then what about an iron savings bank with a monkey on top that shook his head with thanks when you dropped the money in? Lovely things, all of them, but David put them from him. He did it with decision, but with a nervous haste ...
— A Melody in Silver • Keene Abbott

... Ebenezer, hesitating. "I shall have to take some money from the savings bank to make up what that graceless ...
— Do and Dare - A Brave Boy's Fight for Fortune • Horatio Alger, Jr.

... herons, and the pine-martens, and the ermines. All this delightful life he was now told he must abandon for ever. Nor was that all. Illness costs money. While a man is earning nothing, he is running up a doctor's bill. Edward now saw that he must at last fall back upon his savings bank, as he rightly called it—his loved and cherished collection of Banffshire animals. He had to draw upon it heavily. Forty cases of birds were sold; and Edward now knew that he would never be able to replace the specimens he ...
— Biographies of Working Men • Grant Allen

... of the administration of President Taft was overshadowed by the party war, and reduced in effectiveness by the Democratic control of the House. The prosecutions of the trusts were continued, a parcel post was established as a postal savings bank had been, the income tax amendment became part of the Constitution, and an amendment for the direct election ...
— The New Nation • Frederic L. Paxson

... certain sure, now, miss?' pleaded the housemaid; 'for if you ain't, I've got a pound laid by in my drawer ready to put in the Post Office Savings Bank, and you're as welcome to it as flowers in May, if ...
— The Golden Calf • M. E. Braddon

... cast of the Greek torso which other students were copying in the next room. The intimacy of the studio, the warmth and the colour and the meretricious luxury were gone from his life. On the other hand he was making money. He had fifty pounds in the Savings Bank, the maximum of petty thrift which an incomprehensive British Government encourages, and a fair, though unknown, sum in an iron money-box hidden behind his washstand. Up to now he had had no time to learn how to spend money. When he took to smoking cigarettes, which he had done ...
— The Fortunate Youth • William J. Locke

... man had put a hundred dollars in a savings bank twenty years ago," said the statistician after dinner, "it would amount to over two hundred now, and he could buy almost as much for it now as he could have got for the original hundred at the time he began ...
— More Toasts • Marion Dix Mosher

... nothing more remains to be done but to raise the necessary funds, and with this object in view I have instructed my broker to draw my money out of the Savings Bank. I am expecting a postal-order almost ...
— Punch, or the London Charivari, Vol. 147, July 22, 1914 • Various

... into an angry inward argument against his suggestion of the savings bank. It was an argument he had often rehearsed, often declaimed, and at bottom it all came to this—without that box under his bed, his life would have sunk to dulness and decrepitude; he would have been merely a pitiful and lonely ...
— Bessie Costrell • Mrs. Humphry Ward

... banks are only a sort of reserve fund that is consumed as fast as it accumulates. These deposits are saved for old age, for sickness and accident, and for funeral expenses. The savings bank deposit is simply a piece of the loaf put back on the shelf to be eaten next day. No, labor consumes all of the total product that its ...
— The Iron Heel • Jack London

... A savings bank: the clerk, a very nice man, looks down on the bank, considers it useless—and yet goes on ...
— Note-Book of Anton Chekhov • Anton Pavlovich Chekhov

... auction-rooms excepting the kitchen furniture, and a few things for which Jane had especial attachment. It brought two hundred dollars, which, in addition to the price of the farm, and the store and its stock, gave Reuben just nineteen hundred dollars to put in the Savings Bank. ...
— Saxe Holm's Stories • Helen Hunt Jackson

... He can forbid all persons harboring or trusting her on his account. He can deprive her of all social intercourse with her nearest and dearest friends. If by great economy she accumulates a small sum, which for future need she deposit, little by little, in a savings bank, the husband has a right to draw it out, at his option, to use it as ...
— History of Woman Suffrage, Volume I • Elizabeth Cady Stanton, Susan B. Anthony, and Matilda Joslyn Gage

... priest to oversee and bless the whole precious business. The blessing of the devil would have been more appropriate, for the lotteries are the curse of Italy. What the Anglo-American mechanic puts into a savings bank, the Italian invests in lotteries. In Naples there are now fourteen tickets sold per annum for the gross amount of the population, and ...
— Memoirs • Charles Godfrey Leland

... be right in line then for the latest news of the chase," he declared. For an attempt had been made that morning to rob the Farmers' Savings Bank at Zeisler, a posse had been sent from Bixton to aid in the pursuit of the robbers, and reports from the hunt were being anxiously ...
— The Young Railroaders - Tales of Adventure and Ingenuity • Francis Lovell Coombs

... keep this Sum, we decided, as a sinking fund; something to have in the savings bank, to be added to, from time to time, as a provision for the future and our Precious Ones. This seemed a good idea at the time, and it seems so yet, for that matter. I have never been able to ...
— The Van Dwellers - A Strenuous Quest for a Home • Albert Bigelow Paine

... parlour-maids, not the conventional flirty soubrette nor the low-comedy waiting-woman, but a self-respecting, responsible young person, conscious of her own and her young man's moral rectitude, and satisfied with quarter-day and the Post-Office Savings Bank. ...
— Punch, or, the London Charivari, Volume 98, March 8, 1890. • Various

... hopes of doing better some day. I shouldn't like always to be a journeyman. I manage to save up a hundred dollars a year. How much have we in the savings bank, Hannah?" ...
— Risen from the Ranks - Harry Walton's Success • Horatio Alger, Jr.

... friend Sir R.R. Torrens has so effectually relieved these colonies; and that, too, as I believe, owing to the multiplied transactions, without any real detriment to our many legal friends. Pounds were pounds in those economy-needing times, and as the Savings Bank had, after a thorough overhaul, accepted the title before giving its loan, I declared myself perfectly satisfied to proceed at once to the conveyance. But no, that was impossible. The courtesies, the practice, the established rights, in short, of ancient custom required all to be done ...
— Personal Recollections of Early Melbourne & Victoria • William Westgarth

... must hurry; I must tell you my good news. Do you remember telling me last week that you had a hundred pounds put away in the Savings Bank, and that you didn't know what to do with it. You said, 'Money ought to make money,' and you didn't know how your hundred pounds would make money. It was such a funny speech, and you tried to 'splain it to me, and ...
— Daddy's Girl • L. T. Meade

... been ludicrous if it hadn't been so deadly serious. Well, money when you come to think of it, is its very existence to such an institution; it was not to be wondered at that the twelve men around the long table in the directors' room of the Van Ness Avenue Savings Bank found this a ...
— The Million-Dollar Suitcase • Alice MacGowan

... years more, by addition of interest, to four hundred and twenty pounds. Some may say that they cannot save nearly so much. Well! begin with two shillings, one shilling, or even sixpence. Begin somewhere; but, at all events, make a beginning. Sixpence a week, deposited in the savings bank, will amount to forty pounds in twenty years, and seventy pounds in thirty years. It is the habit of economizing and denying oneself ...
— Thrift • Samuel Smiles

... plaintively, "is all in a savings bank. I have to give thirty days' notice before I can ...
— No. 13 Washington Square • Leroy Scott

... trying to pay back to the man in Middleford the money of his which—which I took before. It is two thousand dollars and," with a shrug, "that looks a good deal bigger sum to me now than it used to, you can bet on that. I had a few hundred in a New York savings bank before I—well, before they shut me up. No one knew about it, not even Sis. I didn't tell her because— well, I wish I could say it was because I was intending to use it to pay back what I had taken, but that wasn't the real reason why I kept still about it. ...
— Shavings • Joseph C. Lincoln

... dollars in the savings bank, and she has all the hats and shoes, and gloves and such stuff that would make our women faint. So you see she ...
— Defenders of Democracy • Militia of Mercy

... The postal savings bank scheme as advocated by Postmaster General Meyer should be put into operation in the United States. Pearson, p. 481: Report of ...
— Carnegie Library of Pittsburgh Debate Index - Second Edition • Carnegie Library of Pittsburgh

... Various gas and water companies have also statutory powers of distraint under special acts, but the policy of recent legislation has been to discourage any extension of such privileges. Where the bankrupt holds an office of trust in any savings bank or friendly society, any balance in his hands due to such bank or society has been held under the acts relating to these bodies to be payable in preference to any other claim against the estate. Other preferential claims are regulated by the Bankruptcy Acts and by the Preferential ...
— Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 - "Baconthorpe" to "Bankruptcy" • Various

... of Harris-Ingram had little or no poverty. Everybody had money in the savings bank, or accumulations going into pretty homes, and mill stock, and all respected law and order, hence few if any policemen were ever seen on the streets. Everybody was well dressed, courteous, and daily growing more intelligent. Taxes were light, and general ...
— The Harris-Ingram Experiment • Charles E. Bolton

... life in comparatively impoverished circumstances. Not only did Sir Henry Parkes die poor. Sir George Reid took the High Commissionership in London; Sir Graham Berry was provided with a small annuity; Sir George Dibbs was made the manager of a State savings bank; Sir Edmund Barton was lifted to the High Court Bench.—Times, ...
— The Foundations of Japan • J.W. Robertson Scott

... I am saying—but I've got two hundred dollars in the savings bank, and I shall be very glad to give you some of it. You will take it, now, won't you? I can get ...
— Walter Sherwood's Probation • Horatio Alger

... 1860, brought the institution to Masonic Hall, corner of Garden and St. Louis streets. Here, also, the fire-fiend assailed the treasures of knowledge and specimens of natural history, of the society, which, with its household gods, flitted down to a suite of rooms above the savings bank apartments in St. John Street, from whence, about 1870, it issued to become an annual tenant in the north wing of the Morrin College, where ...
— Picturesque Quebec • James MacPherson Le Moine

... Archibald Gracie, born in Dumfries, emigrated to America about 1778. Through his business enterprise he largely developed the commercial importance of the port of New York. He was also founder of the first Savings Bank in America, founder of the Lying-in Hospital of the Cedar Street Presbyterian Church, President of the Chamber of Commerce for twenty years, etc. Cadwallader David Golden (1769-1834), grandson of Cadwallader Colden, was Mayor of the ...
— Scotland's Mark on America • George Fraser Black

... could only look and sigh, or, if he did manage to speak, he was sure to plunge into such final questions as, "Denas, will you marry me? When will you marry me?" Or to tell her of his stone cottage, and his fine boat, and the money he had in the St. Merryn's Savings Bank. ...
— A Singer from the Sea • Amelia Edith Huddleston Barr

... of God, Husband, Home and Duty—she didn't feel as if Mrs. Wilkins intended Mr. Wilkins to come too—and just for once be happy, would be both good and desirable. Which of course it wasn't; which certainly of course it wasn't. She, also, had a nest-egg, invested gradually in the Post Office Savings Bank, but to suppose that she would ever forget her duty to the extent of drawing it out and spending it on herself was surely absurd. Surely she couldn't, she wouldn't ever do such a thing? Surely she wouldn't, ...
— The Enchanted April • Elizabeth von Arnim

... the existing depositors in such post-office savings banks, the Treasury shall make arrangements for the transfer of the said service and banks, in accordance with the said Act, and shall give public notice of the transfer, and shall pay all depositors in such post office savings bank who request payment within six months after the date fixed for such transfer, and after the expiration of such six months the said depositors shall cease to have any claim against the Postmaster-General or the Consolidated ...
— England's Case Against Home Rule • Albert Venn Dicey

... told me that half an hour ago," said Babs; "that's why I wanted to see you, Auntie. I has got half a sovereign in the Savings Bank. I'll give it to father if he ...
— A Young Mutineer • Mrs. L. T. Meade

... sale in Manila, but was not taken. An effort was then made to obtain subscribers in the Provinces, but with little or no success. The Government then notified the depositors in the Public Savings Bank (a branch of the Treasury Department similar to the postal savings bureaus in other countries) that their deposits would no longer be redeemed in cash, but only in Series B bonds. Some depositors were frightened and took bonds, others declined to do so. Then came the blockade of ...
— The Story of the Philippines and Our New Possessions, • Murat Halstead

... wages which, after making allowance for sickness and irregularity, indicate that in quantity and quality of work they are upon a level with the men.[248] In certain branches of low-skilled mental work the same holds true, as in the Savings Bank Department of the Post Office. But generally, even where the "skill" is of a purely technical order, the man has the advantage. Where the elements of design, resource, judgment, enter in, the superiority of male labour is unquestioned, and in occupations ...
— The Evolution of Modern Capitalism - A Study of Machine Production • John Atkinson Hobson

... prevented the campaign against them on which we had resolved. I had solely on my own responsibility organised a great band of people pledged to refrain from the use of all excisable articles after a certain date, and to withdraw all their moneys in the Savings Bank, thus seriously crippling the financial resources of the Government. The response from the workers to my appeal to "Stop the supplies" was great and touching. One man wrote that as he never drank ...
— Annie Besant - An Autobiography • Annie Besant

... was made to show the Church's partnership with the "interests;" and the power of the Church in business circles was left to be inferred from President Smith's testimony that he was then president of the Zion's Cooperative Mercantile Institution, the State Bank of Utah, the Zion's Savings Bank and Trust Company, the Utah Sugar Company, the Consolidated Wagon and Machine Company, the Utah Light and Power Company, the Salt Lake and Los Angeles Railroad Company, the Saltair Beach Company, the Idaho ...
— Under the Prophet in Utah - The National Menace of a Political Priestcraft • Frank J. Cannon and Harvey J. O'Higgins

... it. He rushed to the Savings Bank and drew his Wad and sent it to a Man with several Chins, who had to sit at a Desk for nearly an hour each Day taking Money ...
— Knocking the Neighbors • George Ade

... minister with a clear position and strong hands, and he told Graham that even if he saw his way distinctly to a plan, he did not feel individually strong enough for the attempt. Nor was there time. To reconstitute the Savings Bank finance, to place the chancery and some other accounts on a right basis, and to readjust the banking relations properly so-called between the Bank and the state, would be even more than a fair share of financial work for the session. Before the year was over he passed a bill, for which he had ...
— The Life of William Ewart Gladstone, Vol. 1 (of 3) - 1809-1859 • John Morley

... quarterly for audit. At the end of each financial year, in May, interest at the rate of four per cent. is added to the amount standing to the credit of each depositor, and the whole amount paid over to the Post Office Savings Bank. At this time also, Post Office officials attend at the works, and enter the amounts to the credit of each depositor, issuing new Post Office Savings books where necessary. This system secures absolute privacy for the permanent ...
— The Food of the Gods - A Popular Account of Cocoa • Brandon Head

... probable, never knew what it was to stow away a schooner of beer, and history makes no mention that he ever, on any pretext, eat limberger cheese. At least no mention was made of it in his farewell address. He never was President of a savings bank. Washington never lectured. He never edited a newspaper. He could not tell a lie at the rates editors charge. No he was a good man, with none of the small vices that are so ...
— Peck's Compendium of Fun • George W. Peck

... bleed me, cruel people that you are!" she said, pointing at her heart, as she started toward her savings bank ...
— The Rise of David Levinsky • Abraham Cahan

... all wood-ashes, soap-suds, and all articles having fertilizing qualities. A compost heap is like a sixpenny savings bank. Small and frequent additions soon make a large aggregate. The fruit-grower and his land usually grow rich together, and in the ...
— Success With Small Fruits • E. P. Roe

... no maid, her china is very simple, and the food that she and her husband have, even when they entertain their friends, is plain and wholesome. Should she, for the great occasion, hire more beautiful china and engage servants? Should she draw on the savings bank for ...
— The Book of Business Etiquette • Nella Henney

... especially as they provided and cooked their own food, which was, of course, much cheaper than boarding. Still, the loss of the young man's earnings, even for a short time, would have been felt, though they had a reserve of a hundred dollars in a savings bank, from which they might draw if necessary. But George did not like to do this. The arrangement which he made with Paul was a satisfactory one, for with half his usual earnings they would still be able to keep out of debt, and not be compelled to draw upon ...
— Paul the Peddler - The Fortunes of a Young Street Merchant • Horatio Alger, Jr.

... these figures is unnecessary. There is, of course, some reduplication, but in these four public service enterprises there are in Massachusetts almost twice as many direct owners as there are employees. Two persons out of three have money in the savings bank—men, women, and children. There is this additional fact: more than one quarter of the stupendous sum of over a billion dollars of the savings of nearly two and a half million savings depositors is invested in railroad, street railway, and ...
— Have faith in Massachusetts; 2d ed. - A Collection of Speeches and Messages • Calvin Coolidge

... dishonesty, which is almost authorized in the cook by the time-honored jest as to the "handle of the basket." The women who formerly picked up their forty sous to buy a lottery ticket now take fifty francs to put into the savings bank. And the smug Puritans who amuse themselves in France with philanthropic experiments fancy that they are making the ...
— Poor Relations • Honore de Balzac

... whom she had gone to Le Havre, while of the others, both boys—one a soldier, had been killed in Tonquin, and the other Charles, after serving his time in the army, had become a working mechanician. Still, Toussaint's long illness had exhausted the little money which he had in the Savings Bank, and now that he had been set on his legs again, he had to begin life once more without ...
— The Three Cities Trilogy, Complete - Lourdes, Rome and Paris • Emile Zola

... lay under the bed of Darrel. By and by he put the money in a savings bank—all but ...
— Darrel of the Blessed Isles • Irving Bacheller

... expenses. The old account she put in both their names, and made out a monthly schedule for the household, beyond which she determined never to draw. Anything she could save from this amount she destined for a savings bank, but over and above it she felt that her husband's earnings were his, and that she could not in honor interfere with them. Mary was almost painfully conscientious, and this plan cost her many heart-searchings before ...
— The Nest Builder • Beatrice Forbes-Robertson Hale

... Fenton consoled himself with the reflection that the lack of money would prevent Ninitta from carrying out her wild whim. He, of course, could not know that soon after Nino's birth Herman had started a fund for him in a savings bank, and to the mother's intense gratification had the deposits made in her name as trustee. He had taught Ninitta to sign her name; and great had been her pleasure in watching the little fund grow. It indicated the desperateness of her resolve, that ...
— The Philistines • Arlo Bates

... darker interest and scandal rested upon the peaceful village. During that awful night the boarding-school of Madam Brimborion was visited stealthily, and two of the fairest heiresses of Connecticut—daughters of the president of a savings bank, and insurance director—were the next morning found to have eloped. With them also disappeared the entire contents of the Savings Bank, and on the following day the Flamingo Fire Insurance ...
— Drift from Two Shores • Bret Harte

... thousand dollars was deposited in Ruth's name in the Cheslow Savings Bank. And this happened in time so that Ruth could draw enough of her fortune to get a new gymnasium costume for the ...
— Ruth Fielding and the Gypsies - The Missing Pearl Necklace • Alice B. Emerson

... owed me a small sum once; but I got it back from him—and with good interest—much better than the savings bank would have given me. It was very ...
— The Road to Damascus - A Trilogy • August Strindberg

... the children did not know how to set about making it so for themselves, while Aunt Pike had no ideas on the subject beyond sending and receiving a few cards, giving Anna a half-sovereign to put in the savings bank, and ordering a rather more elaborate dinner on ...
— Kitty Trenire • Mabel Quiller-Couch

... time five thousand dollars at least in the savings bank. I happened to know of that small account. I supposed of course there was more. There is no trace of even that, the ...
— The Squirrel-Cage • Dorothy Canfield



Words linked to "Savings bank" :   penny bank, container, thrift institution, MSB, FSB, piggy bank



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