savings bank

noun
a bank that receives savings accounts only and pays interest to its depositors.

Origin:
1810–20

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
savings bank
 
n
1.  a bank that accepts the savings of depositors and pays interest on them
2.  a container, usually having a slot in the top, for saving coins

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
He did this with public money, but also some unorthodox policies: he even tried to privatise the municipal savings bank.
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