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2 definitions found
 for savings bank
From The Collaborative International Dictionary of English v.0.48 :

  Saving \Sav"ing\, n.
     1. Something kept from being expended or lost; that which is
        saved or laid up; as, the savings of years of economy.
        [1913 Webster]
  
     2. Exception; reservation.
        [1913 Webster]
  
              Contend not with those that are too strong for us,
              but still with a saving to honesty.   --L'Estrange.
        [1913 Webster]
  
     Savings bank, a bank in which savings or earnings are
        deposited and put at interest.
        [1913 Webster]

From WordNet (r) 3.0 (2006) :

  savings bank
      n 1: a thrift institution in the northeastern United States;
           since deregulation in the 1980s they offer services
           competitive with many commercial banks
      2: a container (usually with a slot in the top) for keeping
         money at home; "the coin bank was empty" [syn: savings
         bank, coin bank, money box, bank]

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