The Eighth Circuit this week delivered a win to mutual institutions when it dismissed a Missouri case in which two mutual thrift depositors claimed that they were entitled to a distribution of their thrift’s capital at the time the bank merged into another institution.
Browsing: Mutual Banks
As the OCC’s long-awaited HOLA flexibility rule took effect this week, the agency issued several documents to help bankers understand the new rule and provide guidance to institutions wishing to elect to become “covered associations.”
The OCC has issued a long-awaited final rule implementing a new section of the Home Owners’ Loan Act permitting certain federal stock and mutual savings associations to elect the rights and duties of national banks.
The OCC today named four bank CEOs to its Mutual Savings Association Advisory Committee, which advises the OCC about mutual banks, assesses their current condition, and offers feedback on regulatory changes affecting mutuals’ health and viability.
How three banks formed a mutual holding company to streamline operations while retaining high-value local New England brands.
A multibank mutual holding company validates its model by adding a third bank.
Charlie Schmalz talks about policy issues facing community banks in 2019, the persistence of the mutual banking model, community bank technology plays — and the best place to get Wisconsin cheese curds.
Meet Charlie Schmalz, ABA’s 2018-19 Community Bankers Council chairman.
The American Bankers Association today called on the OCC to quickly finalize a proposal to implement a new section of the Home Owners’ Loan Act permitting certain federal thrifts to elect the rights and duties of national banks, as mandated by the regulatory reform law S. 2155.