English version

state bank

From Longman Business Dictionarystate bankˌstate ˈbankBANKING in the US, a bank that is controlled by the laws of a state rather than of the whole country. Unlike a NATIONAL BANK, a state bank does not have to be a member of the FEDERAL RESERVE SYSTEMHe needed the funds to secure a personal loan at Iowa State Bank. bank
Pictures of the day
What are these?
Click on the pictures to check.