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1.
The anus/rectum. Otherwise known as "asshole".
"Suzie let me put it in her stank bank last night!"

"Awesome!"
by bluescythe3 April 24, 2009

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2.
Making a withdrawl from the booty and then making a deposit in the vagina.
Her anus was too loose so I stank banked it back to the love box.
by MasterJRC January 18, 2008