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mutual savings bank

/ˈmjuːtʃuəl ˈseɪvɪŋz bæŋk/

Traducción: Tipo de institución financiera que pertenece a sus depositantes, no a accionistas, y que se dedica principalmente a recibir ahorros y otorgar préstamos hipotecarios.

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/ˈmjuːtʃuəl ˈseɪvɪŋz bæŋk/C1formalamericanbusiness
  • esTipo de institución financiera que pertenece a sus depositantes, no a accionistas, y que se dedica principalmente a recibir ahorros y otorgar préstamos hipotecarios.

A type of financial institution that is owned by its depositors rather than by shareholders, and primarily focuses on accepting savings deposits and providing mortgage loans.

  1. Financial institutionC1formalamerican

    A type of savings bank owned by its depositors, not by shareholders, where profits are distributed among members.

    esbanco mutuo de ahorro

    • The mutual savings bank offered competitive interest rates to its depositors.
    • She opened an account at a local mutual savings bank.
    • Mutual savings banks are common in the northeastern United States.