Savings Institutions are financial institutions that provide services such as savings accounts, checking accounts, and other banking services. Banks are one type of Savings Institution, which are typically for-profit organizations that offer a variety of financial services to their customers. Banks are regulated by the government and must adhere to certain rules and regulations. Other types of Savings Institutions include credit unions, mutual savings banks, and savings and loan associations. All of these institutions provide services to help individuals and businesses save money and manage their finances.