The Fed move also removes a potential barrier to its new plan to convert from a depositor-owned “mutual” savings bank to a fully publicly traded commercial bank, by selling stock in the rest ...

However, the mutual bank — which has served the local community since 1871 — would ultimately be controlled by the same corporators who lead it today. Winchester Savings Bank, a mutual ...

Mutual Federal Bank, the owner of Mutual Federal Bancorp (OTCPK:MFDB), is planning to merge with Pulaski Savings Bank, an ...