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state bank

state bank

4 3.2
A bank that a state government licenses and supervises
  • noun
  • /steɪt bæŋk/
  • Specialized
translation icon : banco estatal
  • The total number of state banks includes state-chartered and mutual savings banks.
  • state bank branch
  • national and state bank

Examples

  • The reason to support a state bank is to get out of the municipal bond racket.

    Blog text (19)
  • At that time, state regulations prohibited state banks from branching across state lines, and some states even limited intrastate branching.

    Academic text (1998)
  • The private banks are healthy, and we also have three state banks, which are all healthy.

    Academic text (2009)
  • The bank continued its operations as a state bank, but had to close years later.

    Blog text (15)
  • Each state should start its own state bank like North Dakota.

    Blog text (19)
  • If Cleveland had its debts held by a state bank, none of that would have happened.

    Blog text (19)
  • Borrow the money from a state bank to build LINK, not issue bonds.

    Blog text (19)
  • That's why you have a state bank, so that state can have access to those lower rates.

    Blog text (19)
  • Jules, our state representative, is working for a state bank here in Oregon.

    Blog text (30)
  • The state bank was established to provide local residents with better access to financial services.

How Regulated

central bank
100 3.1
national bank
  • Specialized
4 3.1
state bank
  • Specialized
4 3.2
lender
118 2.5

Surface Forms

state bank singular
state banks plural

Morphology

state + bank

The meaning 'a bank chartered and regulated by a state government' is directly and transparently composed from 'state' (government entity) + 'bank' (financial institution); the noun-noun construction signals governmental affiliation or control. This is a common, cross-linguistic pattern (e.g., Spanish 'banco estatal'), so a B1 learner who knows both constituents will readily infer the intended meaning.

Etymology

The name state bank comes from the simple image of a bank run by the state, the local government rather than the 'federal' government. So today a state bank means 'a bank' that follows state rules and is watched over by state officials.