mutual savings bank

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mutual savings bank

n
(Banking & Finance) chiefly US a savings bank having no subscribed capital stock and distributing all available net profit to depositors who, however, remain creditors without voting power
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Noun1.mutual savings bank - a state-chartered savings bank owned by its depositors and managed by a board of trustees
savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
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They were in fact small mutual associations of a dozen or a hundred farmers, whose aim was to get telephone service at cost.
It was founded in Cleveland, Ohio in 1938 as a mutual association and became part of a public company in 2007.
As a member of Hizballah's External Security Organization (ESO), Salman has directed the groups terrorist operations in the Western Hemisphere for decades, including the July 1994 bombing of the Argentine Israelite Mutual Association (AMIA) Jewish Community Center in Buenos Aires, Argentina, that killed 85 innocents and wounded hundreds.
Secretary of State Mike Pompeo was visiting Argentina to commemorate the attack and lit a candle at the site of the devastated Argentine Israelite Mutual Association, known by its Spanish acronym AMIA.
(AEU) (www.amequity.com) is the program administrator of the American Longshore Mutual Association Ltd (ALMA), a group self-insurance fund authorized by the U.S.
"The signatories also expressed their support for the two artists facing the "demonisation" campaign against them as well as the decision taken by the Egyptian actors syndicate to dismiss them.Several personalities took part in this event, such as Director General of the Carthage Film Days (JCC) Nejib Ayed, MP Bochra Bel Haj Hamida, former director of the International Federation of Human Rights (FIDH), Souhayr Belhassan, president of Tunisian Mutual Association of Artists Mounir Baaziz, actor Fares Landolsi and several film professionals and human rights activists.
-- In 1994, 85 people were killed when a bomb went off at the Argentine Jewish Mutual Association community center in Buenos Aires.
Former intelligence chief Hugo Anzorreguy was sentenced to 4-1/2 years in jail for also obstructing the probe of the bombing of the Argentine Israelite Mutual Association (AMIA) center, which killed 85 people and injured 300 others.
Liberty is defined as a mutual association, which means its held by customer-members who have equal stakes in bank governance regardless of their account size.
A range of police support groups visited Mill Street on the day, including the Police Dependant's Trust, Police Scotland's Human Resources Team, the Scottish Police Credit Union, the Health and Wellbeing Team, the Scottish Police Recreational Association, the Police Treatment Centres and The Police Mutual Association, who were all on hand to offer information to those working across the Renfrewshire and Inverclyde Division.
Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal's mission is to help people achieve the dream of home ownership and financial security.
We are confident that our mutual association with EFU Life and the support extended by them will make this venture a success." Addressing the gathering, Mr.