Started with a fear of the man taking their money.

Ghetto banks can consist of any of the following places or things to hide their jack.

Coffee can, pop can, bra, panties, book bag, metal box, bed pillow, mattress, cardboard box, freezer, zip lock baggies, dog house, hole next to a tree, glove case
I hide my dough in my ghetto bank. No one can find it. Not even me! At the least I knows the man can’t take it from me.
by T_rump_supporter April 21, 2018
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When you choose to handle all financial transactions at the ATM instead of EVER actually setting foot inside the bank. This can include multiple withdrawals and deposits from various ATM's.
The bank was closed, but Tom didn't care because he could just deposit his check and move funds around via ghetto banking.
by @bigsammy610 April 28, 2018
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