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state bank

noun
1.
a bank chartered by a state and operated under the banking laws of that state.
Origin
1805-1815
1805-15, Americanism
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for state-bank

state bank

noun
1.
(in the US) a commercial bank incorporated under a State charter and not required to be a member of the Federal Reserve System Compare national bank
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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