die Bausparkasse
Translation
building and loan association, building society
Examples
Ich habe einen Vertrag bei einer Bausparkasse.
I have a contract with a building and loan association.
Die Bausparkasse gewährt günstige Darlehen für den Hausbau.
The building and loan association provides favorable loans for home construction.
Grammar Patterns
to have a contract with ((a Bausparkasse)) Ich habe einen Vertrag bei einer Bausparkasse.
Similar Words
Bank (bank), Kreditinstitut (credit institution)
Etymology
Composed of 'Bau' (building/construction) + 'sparen' (to save) + 'Kasse' (cash box/bank). Literally, a 'construction savings bank'.
Memory Tips
Visualize a piggy bank ('Sparkasse') shaped like a house ('Bau') to remember its purpose: saving for a building.