savings bank

from The American Heritage® Dictionary of the English Language, 5th Edition.

• noun A bank that receives and invests the savings of private depositors and pays interest on the deposits.

from The Century Dictionary.

• noun An institution for the encouragement of the practice of saving money among people of slender means, and for the secure investment of savings, managed by persons having no interest in the profits of the business, the profits being credited or paid as interest to the depositors at certain intervals, as every month (in Great Britain), or every three or six months (as in the United States).

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun A type of financial institution that focuses on retail banking: savings of private depositors, payments, credits and insurances for individuals or small and medium-sized enterprises.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

• noun a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
• noun a container (usually with a slot in the top) for keeping money at home