Savings bank definition

Savings bank means a state banking corporation organized or reorganized under this act.
Savings bank means a savings bank that is organized under the laws of this state, any other state, the District of Columbia, a territory or protectorate of the United States, or of the United States, and whose deposits are insured by an agency of the federal government.
Savings bank means a savings bank that is organized under the savings bank act, 1996 PA 354, MCL 487.3101 to 487.3804, or the laws of another state, the District of Columbia, a territory or protectorate of the United States, or of the United States, whose deposits are insured by the Federal Deposit Insurance

Examples of Savings bank in a sentence

  • Savings bank account details shall only be considered if the account is maintained with the same participant.

  • Where the child has any unearned income, e.g. interest from National Savings, bank or building society deposits, or receives share dividends, you should enter the source of income and the gross amount received before deduction of any tax.

  • July 1, 1996.487.3204 Savings bank; asset tests; loans for domestic residential housing; failure to satisfy asset tests.Sec.

  • July 1, 1996.487.3409 Savings bank engaged in real estate brokerage business; notice of licensure or ownership; prohibited acts; disclosure to credit applicant; violation of section; orders; limitation.Sec.

  • Where the child has any unearned income, eg interest from National Savings, bank or building society deposits, or receives share dividends, you should enter the source of income and the gross amount received before deduction of any tax.


More Definitions of Savings bank

Savings bank means an institution chartered or organized under the laws of this state as a savings bank;
Savings bank means any savings bank organized under the laws of the United States and which has a main or branch office in Kansas;
Savings bank means a savings bank doing business under authority granted by the regulatory authority of another state.
Savings bank means a financial institution organized under this chapter.
Savings bank or "Bank" shall mean Guaranty Federal Savings Bank, or any successor corporation thereto.
Savings bank means a state or federal savings bank.
Savings bank were substituted for the term "Corporation" therein and the term "Bank Board of Directors" were substituted for the term "Corporation Board of Directors" therein. In no event, however, shall a Change in Control of the Corporation be deemed to have occurred as a result of any acquisition of securities or assets of the Corporation, the Savings Bank, or a subsidiary of either of them, by the Corporation, the Savings Bank, or any subsidiary of either of them, or by any employee benefit plan maintained by any of them. For purposes of this Section 1(d), the term "person" shall include the meaning assigned to it under Sections 13(d)(3) or 14(d)(2) of the Exchange Act.