Savings Banks in United States

Savings Banks Definition

In American law. Institutions for the safe custody and increase of the savings of the industrious poor, and persons of small means. They are banks to receive deposits of money, however small, which is to accumulate at interest, and to be paid out to the depositors as required. Any institution in the nature of a bank formed for the purpose of receiving deposits of money for the benefit of the persons depositing; to accumulate the produce of so much thereof as shall not be required by the depositors, their executors or administrators, at compound interest, and to return the whole, or any part of such deposit, and the produce thereof, to the depositors, or their personal representa(L. Fr.) Saving; knowing.” tives, deducting out of such produce so much as shall be required for the necessary expenses attending the management of such institution, but deriving no power whatsoever from any such deposit or the produce thereof. 2 Bradwell (111.’) 274.

Savings Banks in Foreign Legal Encyclopedias

Link	Description
Savings Banks	Savings Banks in the World Legal Encyclopedia.
Savings Banks	Savings Banks in the European Legal Encyclopedia.
Savings Banks	Savings Banks in the Asian Legal Encyclopedia.
Savings Banks	Savings Banks in the UK Legal Encyclopedia.
Savings Banks	Savings Banks in the Australian Legal Encyclopedia.

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Savings Banks	Savings Banks in the Family Law Portal of the American Encyclopedia of Law.
Savings Banks	Savings Banks in the IP Portal of the American Encyclopedia of Law.
Savings Banks	Savings Banks in the Commercial Law Portal of the American Encyclopedia of Law.
Savings Banks	Savings Banks in the Criminal Law Portal of the American Encyclopedia of Law.
Savings Banks	Savings Banks in the Antritrust Portal of the American Encyclopedia of Law.
Savings Banks	Savings Banks in the Bankruptcy Law Portal of the American Encyclopedia of Law.
Savings Banks	Savings Banks in the Constitutional Law Portal of the American Encyclopedia of Law.
Savings Banks	Savings Banks in the Tax Law Portal of the American Encyclopedia of Law.
Savings Banks	Savings Banks in the and Finance and Banking Portal of the American Encyclopedia of Law.
Savings Banks	Savings Banks in the Employment and Labor Portal of the American Encyclopedia of Law.
Savings Banks	Savings Banks in the Personal Injury and Tort Portal of the American Encyclopedia of Law.
Savings Banks	Savings Banks in the Environmental Law Portal of the American Encyclopedia of Law.

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Savings Banks in the Dictionaries	Savings Banks in our legal dictionaries
http://lawi.us/savings-banks	The URI of Savings Banks (more about URIs)
Savings Banks related entries	Find related entries of Savings Banks

Legal Issue for Attorneys

In American law. Institutions for the safe custody and increase of the savings of the industrious poor, and persons of small means. They are banks to receive deposits of money, however small, which is to accumulate at interest, and to be paid out to the depositors as required. Any institution in the nature of a bank formed for the purpose of receiving deposits of money for the benefit of the persons depositing; to accumulate the produce of so much thereof as shall not be required by the depositors, their executors or administrators, at compound interest, and to return the whole, or any part of such deposit, and the produce thereof, to the depositors, or their personal representa(L. Fr.) Saving; knowing.” tives, deducting out of such produce so much as shall be required for the necessary expenses attending the management of such institution, but deriving no power whatsoever from any such deposit or the produce thereof. 2 Bradwell (111.’) 274.

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Notice

This definition of Savings Banks is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.

Savings Banks in State Statute Topics

Introduction to Savings Banks (State statute topic)

The purpose of Savings Banks is to provide a broad appreciation of the Savings Banks legal topic. Select from the list of U.S. legal topics for information (other than Savings Banks).

Resources

Savings Banks in 1899 (United States)

The following information about Savings Banks is from the Cyclopaedia of Political Science, Political Economy, and the Political History of the United States by the Best American and European Writers.

SAVINGS BANKS. (See BANKS, HISTORY AND MANAGEMENT OF SAVINGS.)

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Savings Banks