In Switzerland, a bank is classified as a savings bank (German: Sparkasse, French: Caisse d'Epargne) if it primarily offers savings solutions like savings accounts, retirement accounts and medium-term notes.
The business of savings banks is to invest money deposited in savings accounts by private individuals in long-term, low-risk investment solutions.
Most Swiss banks with this type are regional banks. The first Swiss savings bank, the Dienstenzinscassa, was founded in Bern in 1787.
Swiss savings account comparison