相そう互ご銀ぎん行こう

noun

mutual savings bank

A type of Japanese financial institution that historically served small businesses and individuals; most converted to ordinary banks in the late 20th century. Now mainly a historical or legal term.

• 相そう互ご銀ぎん行こうは、かつて中ちゅう小しょう企き業ぎょう向むけの金きん融ゆう機き関かんとして広ひろく利り用ようされていた。

  Mutual savings banks were once widely used as financial institutions for small and medium-sized enterprises.

• 1980年ねん代だいに多おおくの相そう互ご銀ぎん行こうが普ふ通つう銀ぎん行こうに転てん換かんした。

  In the 1980s, many mutual savings banks converted to ordinary banks.