United States v. Savings Bank is a United States Supreme Court case that was decided in 1881. The case involved a dispute between the United States and the Savings Bank of the City of New York over the ownership of certain bonds. The Savings Bank had purchased the bonds from the United States Treasury, but the United States argued that the bonds had been issued in violation of the Constitution and were therefore invalid. The Supreme Court held that the bonds were valid and that the Savings Bank was entitled to the proceeds from the bonds. The Court also held that the United States was not liable for any damages resulting from the invalidity of the bonds. The decision established that the United States was not liable for any damages resulting from the invalidity of bonds issued in violation of the Constitution.

In United States v. Savings Bank, the Supreme Court was asked to decide whether a federal court had jurisdiction over an action brought by the United States against a savings bank for money allegedly due from it under certain bonds issued by the government. The majority opinion held that such jurisdiction did exist and affirmed the judgment of the lower court in favor of the plaintiff. Justice Field dissented, arguing that there was no basis for federal jurisdiction because this case involved only matters between citizens of different states and therefore should be heard in state courts rather than federal courts. He argued further that Congress had not granted any authority to bring such actions into federal courts and thus they were beyond its power to do so. Furthermore, he noted that if Congress intended to grant such authority then it would have done so explicitly instead of relying on implied powers which could lead to abuse or misuse of judicial power.