Mutual banks

Mutual holding company pioneer dies after long cancer battle

06/29/20

Eric Luse, who co-founded the Luse Gorman law firm, helped Community Bank Shares of Indiana create the first MHC in the early 1990s.

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Maine mutual banks plan merger

06/19/20

Kennebec Savings Bank will have $1.3 billion in assets after it absorbs Kennebec Federal Savings and Loan Association of Waterville.

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Nation's oldest mutual bank plans IPO to meet post-pandemic challenges

06/18/20

Eastern Bank in Boston could raise as much as $1.7 billion to spend on acquisitions and technology investments that it says will be necessary to respond to customers' increasing preference for digital tools.

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New York mutual plans second-step conversion

05/06/20

Seneca-Cayuga Bancorp's capital levels have fallen steadily since peaking in 2013.

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Massachusetts mutual taps insider as its next chief

03/13/20

Jonathan Dowst will become president in July and CEO a year later.

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Banks try pooling resources to help defray AML costs

01/12/20

A North Carolina group is trying to take regulators' cue to work together. A successful effort could encourage others to follow its lead.

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William Penn Bancorp to acquire pair of Philadelphia-area mutuals

12/07/19

The company will merge Fidelity Savings and Loan and Washington Savings Bank into its own bank.

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Columbia Financial expanding in N.J. with Roselle Bank acquisition

12/03/19

The company will enter three counties in its home state after it buys Roselle.

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One community banker's plan to reach the underbanked

10/01/19

Julieann Thurlow says Reading Cooperative Bank in Massachusetts is well positioned to help immigrants and millennials. Technology is crucial to serving both groups, she says.

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First Federal parent announces merger with Cincinnati mutual

09/27/19

Warsaw Federal will keep its name and charter after joining First Mutual Holding in Lakewood, Ohio.

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