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单词 trustee bank
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trustee bank
trustee bank n. British a bank offering savings facilities for small investors and managed by unpaid trustees; (also in later use) a bank in which trust money is deposited.The first trustee savings bank was established by Reverend Henry Duncan in 1810 to benefit the poorer members of his local community. Between 1970 and 1985 all trustee savings banks were amalgamated into the TSB Group plc, which merged with Lloyds Bank in 1995, and divided from it again in 2013.
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society > trade and finance > financial dealings > banking > [noun] > bank > savings bank
saving bank1808
savings bank1813
saving institution1816
savings institution1819
trustee bank1841
penny bank1849
post-office savings-bank1861
1841 (title) A constitution for a safe and permanent trustee bank not subject to bankruptcy.
1898 Westm. Gaz. 9 Nov. 10/1 At that time [1861] there were 638 trustee banks in existence.
2009 Bond Buyer (Nexis) 30 Nov. 1 The bonds offer a pledged income tax revenue stream that is deposited directly with a trustee bank.
extracted from trusteen.
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