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Savings bank

Savings bank is a type of savings institution most commonly found in the Northeastern United States. Savings banks offer two main kinds of savings plans--passbook accounts and time deposits. With a passbook account, depositors can withdraw money without giving the bank advance notice. For withdrawal of time deposits, the bank may require prior notification. The U.S. government insures each account for up to $100,000. More »

THE BANKS & BANKING LIBRARY

Bank

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Sage, Russell

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Savings bank

Savings bank is a type of savings institution most commonly found in the Northeastern United... More >>

Wildcat bank

Wildcat bank was the name for unstable banking institutions that issued paper money called... More >>


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