On the latest episode of the ABA Banking Journal Podcast, leaders at a New Hampshire mutual holding company to discuss how the MHC structure allows each bank to retain its unique community presence but benefit from shared services.
Browsing: Mutual Banks
When it comes to banking, Laurie Stewart has seen it all. She started her career as a teller at a regional thrift; later, she worked as a bank examiner, and more recently, she served as chief executive of a credit union, a mutual bank and a commercial bank.
The OCC, ABA and the Missouri Bankers Association have filed friend-of-the-court briefs in the appeal of a Missouri case in which two mutual thrift depositors claim that they were entitled to a distribution of their thrift’s capital at the time the bank merged into another institution.
On the latest episode of the ABA Banking Journal Podcast, sponsored by Windstream Enterprise, Connecticut banker George Hermann discussed his bank’s in-school branch program.
A federal judge in Missouri yesterday dismissed a lawsuit brought by two mutual bank depositors seeking a windfall payout of their bank’s accumulated capital when it merged into another institution.
Mutual banks are increasingly exploring the use of sub debt as a vehicle for growing capital and enhancing strategic choices.
The House tonight approved two ABA-advocated bills.
Meet ABA Treasurer George Hermann, an optimistic ambassador for mutual community banks.