ALL meanings of mutual savings bank
mu·tu·al sav·ing bank
M m - noun mutual savings bank a noncapitalized savings bank that distributes its net earnings to depositors. 1
- noun mutual savings bank a savings bank having no subscribed capital stock and distributing all available net profit to depositors who, however, remain creditors without voting power 0
- noun mutual savings bank a savings bank that has no capital, its depositors sharing all the net profits 0