state bank
noun
a bank chartered by a state and operated under the banking laws of that state.
Origin of state bank
An Americanism dating back to 1805–15
Words nearby state bank
statant,
statcoulomb,
state,
state aid,
state attorney,
state bank,
state bird,
state capitalism,
state chamber,
state church,
state college
Example sentences from the Web for state bank
Slight differences between the requirements for trust-company reserves and those for state-bank reserves are chiefly of two kinds.
Readings in Money and Banking |Chester Arthur PhillipsWhether or not any further legislation is advisable for the suppression of State-bank issues it will be for Congress to determine.
A Compilation of the Messages and Papers of the Presidents: Lincoln |Compiled by James D. RichardsonI am against State-bank bankruptcy, and all sorts of bankruptcy whatever.
Presidential Candidates: |D. W. Bartlett
British Dictionary definitions for state bank
state bank
noun
(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