state bank
- noun
- /steɪt bæŋk/
- Specialized
- 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
Surface Forms
Morphology
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.