There are many advantages to banking at a Mutual Savings Bank. These include the fact that they are chartered by central or regional government and do not have capital stock.
QT Mutual Bank
Washington Mutual Savings Bank FSB
The Chelsea Groton Savings Bank is a mutual bank. They provide all the services that a regular bank provide, such as savings account, chequing account, mortgages and more.
Washington Mutual Bank, which has been absorbed into JPMorgan Chase.
Anchor Savings Bank took over Lincoln in 1994. Shortly after, Anchor merged with Dime Savings Bank of New York. Later on it became Washington Mutual. It is now Chase.
The Berkshire Bank began operation in 1846. Back then it was just a mutual savings bank. Now it is a bank that deals with a lot of stocks and has 68 locations in the USA.
Washington Mutual was a savings bank holding company and the former owner of Washington Mutual Bank, which was the largest savings and loan association in USA. On September 25, 2008, the Office of Thrift Supervision (OTS) seized Washington Mutual Bank from Washington Mutual and placed it into the receivership of FDIC. This action was taken because withdrawal requests worth $16.4 billion were placed during a 10 day bank run (nearly 9% of their total deposits) This resulted in the bank being closed and sold to JP Morgan Chase which reopened the branches next day as JP Morgan Chase branches.
Great Western Federal Savings Bank, which was founded in 1919 as a Savings and Loan, was purchased by Washington Mutual in 1997 for $6.8 billion. Washington Mutual collapsed in 2008 and its assets were sold to JP Morgan Chase in September of that year.
Philippine Savings Bank (PSBank) BPI Family Savings Bank RCBC Savings Bank, Inc. Planters Development Banco Filipino Savings and Mortgage Bank Producers Savings Bank Corporation Philippine Business Bank, Inc., A Savings Bank Robinsons Savings Bank Corporation First Consolidated Bank, Inc. (A Private Dev't. Bank) Citibank Savings, Inc.
Washington Mutual was a savings bank holding company in the United States. Unfortunately, in September 2008 Washington Mutual was placed into receivership.
mutual savings bank
To have an account at Beneficial Mutual Savings Bank you need to deposit at least$50. The interest is compounded daily. It has the best rates also. Good place to have an account.