depositor in a sentence

Definition

Depositor: a person or entity that places money into a bank or financial institution for safekeeping.

The bank assured each depositor that their funds were protected by federal insurance.
As a depositor, she felt confident knowing her savings were in a reputable institution.
The terms and conditions outlined the rights and responsibilities of each depositor.
After reviewing the account statements, the depositor decided to withdraw a portion of the funds.
Every depositor must provide valid identification to open a new account.