How working-class New York savers — and a community bank — helped underwrite the Erie Canal
The Erie Canal, which opened the Midwest to mass settlement and transformed New York into America's commercial capital, turns 200.
Mutual Banks
Bankers stress need for community bank leverage ratio reform
Community bankers gathered at the Federal Reserve to talk about the challenges facing their sector, with some proposing it is...
Fed releases FAQ, templates to help mutual banks raise capital
The Federal Reserve has released an FAQ and two templates that mutual banks can use as they consider engaging in...
FinCEN issues notice on financially motivated type of extortion
FinCEN issued a notice to help financial institutions detect and disrupt a financially motivated type of extortion in which victims...
Marketing mutuality
Mutuals Matter campaign seeks to educate the public about what separates mutual banks from other financial institutions.
Bank mergers announced in multiple states
Among the deals announced were proposed bank acquisitions in Oklahoma and Tennessee and the merger of two Massachusetts mutuals.
Housing starts rose in February
Housing starts increased by 11.2% in February from the month prior to a seasonally adjusted annual rate of 1.5 million,...
Podcast: Making the feeling ‘mutual’ for a new generation of bank customers
Seventy-eight years ago, George Bailey memorably explained the operation of a mutual savings and loan to a national audience in It's...
New campaign seeks to raise public awareness of mutual banks
“Mutuals Matter” is a national advertising, marketing and communications effort “that aims to shine a spotlight on what sets mutual...
Pittsfield Cooperative Bank plans to absorb credit union
Arrha Credit Union in Springfield, Massachusetts, has applied to merge into Pittsfield Cooperative Bank in Pittsfield, Massachusetts.
