financial institution

noun

: a company that deals with money (as a bank, savings and loan, credit union, etc.)
You can get a loan at a financial institution.

Examples of financial institution in a Sentence

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Bessant retired from Bank of America in 2023 after 40 years with the financial institution. Charlotte Observer, 24 Apr. 2026 There’s also a $2 fee for each direct deposit transfer under the minimum of $10 or a deposit rejected by the financial institution. Emily Canal, CNBC, 21 Apr. 2026 The country star is partnering with SoFi to host and serve as a judge for the digital financial institution's Amplify Your Ambitions Contest, which will award one $200,000 grand prize and two $50,000 runner-up prizes to the top three competitors at an intimate Nashville concert on June 4. Jack Irvin, PEOPLE, 15 Apr. 2026 As a sponsor and financial institution, Ally can offer fans premium experiences outside the games themselves, provide ticket discounts, and offer banking options with promos to save. Emma Hinchliffe, Fortune, 14 Apr. 2026 See All Example Sentences for financial institution

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Cite this Entry

“Financial institution.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/financial%20institution. Accessed 30 Apr. 2026.

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