Noun
savings bank- a financial institution that holds the savings of private depositors and pays interest on these deposits
savings bank
Read full definition at wiktionary.org
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...In Europe, savings banks originated in the 19th or sometimes even the 18th century. Their original objective was to provide easily accessible savings products to all strata of the population. In some countries, savings banks were created on public initiative, while in others, socially committed individuals created foundations to put in place the necessary infrastructure. Read full entry
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- 1.Savings bank - Wikipedia, the free encyclopedia
- A savings bank is a financial institution whose primary purpose is ... There was a savings bank in Hamburg, Germany, in 1778 and in Berne, Switzerland, in 1787. ...
- http://en.wikipedia.org/wiki/S
avings_bank
- 2.Haven Savings Bank
- Traveling With Your Haven Savings Bank Debit MasterCardYou can feel safe knowing ... Haven Savings Bank is now a member of CDARS! Looking for a way to keep ...
- http://www.havensavingsbank.co
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Where does one report federal My bank has not answered my
lawfuil, reasonable, and
proper questions regarding my
account and my communications
(emails were sent while I am
overseas). The bank does
business in the USA and is
located in Texas. I think
there are state and federaL
agencies which regulate
federal savings banks.
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Banks are regulated by the OCC http://www.occ.treas.gov/ Credit Unions are regulated by the OTS http://www.ots.treas.gov/ The Board of Governers of the Federal Reserve regulate federal reserve chater banks: http://www.bog.frb.fed.us/ (Update http://www.federalreserve.gov/ is the correct URL, the above is old). and non-charter Federal Reserve banks are regulated by the FDIC http://www.fdic.gov/ Hope that helps. |
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How do you find out if an old The account was opened in 1958
when my husband was a baby. We
were going through some old
things his parents were
getting rid of and came across
this item. It is from The
Peoples Savings Bank of
Evansville, Indiana which
closed a few years back. Is
there anyway to find out if
there is still value to this
old account?
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By law no institution can convert the owner's funds into theirs. If the institution can not locate the owner of the funds it holds after attempts to contact the owner of the account it must turn the funds of the account to the state treasure of the state that the institution resides. HOWEVER, many banks charge fees to get around this. Some bank call it a lack of activity charge and others may charge a low deposit charge. So don't be surprised if the bank has legally usurpt the funds in the account. Check with the treasure of the state that the bank was located. And good luck. Hopefully Indianna is as good as Kansas is in helping people reunite with their money. Good luck. |
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Is there any problem if some Is there any problem if some
one have 4-5 Savings bank
Account at different banks?
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No problem at all, sometimes its actually good. If a bank goes under, at least some of your money is ok in other banks. It also helps to control your money, you could perhaps have a designated bills bank, recreation, savings etc etc. In terms of savings, this could be "holiday", "retirement" or even just to play the interest rates (most have a high rate for balances under £2000, so 5 banks with £2000 will get more interest than one bank with £10,000 |
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