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state bank
(redirected from State Banks)

   Also found in: Financial, Wikipedia 0.01 sec.
state bank
n
(Economics, Accounting & Finance / Banking & Finance) (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
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.state bank - a bank chartered by a state rather than by the federal government
banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"


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Hargrove today announced that two banks closed Friday by the Pennsylvania Department of Banking will reopen today as newly chartered and federally insured state banks.
 
 
 
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