From coast to coast, businesses have thousands of banking options. So, why should they choose a mutual bank? The answer is simple: the power of mutual banks lies in the community and everything it ...

Businesses have a number of choices when it comes to banking. Sometimes choosing a bank doesn’t center on a menu of products or current loan rates. Businesses may look at relationships between the ...

BOSTON (Reuters) - Parking your money at a mutual bank before it goes public is the best way to pull off a heist with no threat of jail time. For years, mom-and-pop depositors have made a lot of easy ...

Clay Adams, CEO of Mascoma Bank, will serve as Chief Executive Officer of the new holding company, to be called ClearNorth Financial Mutual Holding Company, and Neil Kiely, CEO of Androscoggin Bank, ...

New Hampshire-based Mascoma Bank and Maine-based Androscoggin Bank will combine their parent companies into a new mutual ...

Federal Savings Bank will not only change its name Wednesday to First Seacoast Bank, it will change its structure, turning into a hybrid – partly a mutual bank and partly a publicly held company, with ...

Organizers of Walden Mutual said the Federal Deposit Insurance Corp. has approved its application for deposit insurance, allowing the bank to move ahead toward a mid-November opening. It will be the ...

CIT Bank N.A., the banking subsidiary of CIT Group, announced Thursday that it acquired Mutual of Omaha Bank, the banking arm of insurance giant Mutual of Omaha, for $1 billion. The acquisition was ...

With signage at Bank Mutual branches set to change and the bank’s computer system prepped for conversion to Associated Bank’s this weekend, the name “Bank Mutual” is about to join Firstar, M&I and ...

Organizers of what would be the nation’s first de novo mutual bank in half a century say they’re nearly ready to open their doors. Walden Mutual in Concord, New Hampshire, has received conditional ...