mutual savings bank


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Related to mutual savings bank: savings and loan association

mutual savings bank

n
(Banking & Finance) chiefly US a savings bank having no subscribed capital stock and distributing all available net profit to depositors who, however, remain creditors without voting power
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Noun1.mutual savings bank - a state-chartered savings bank owned by its depositors and managed by a board of trustees
savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
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The board of directors of Third Century Bancorp (OTCPINK: TDCB) (the "company"), the holding company for Mutual Savings Bank, approved the termination of the company's stock repurchase program on December 21, 2017, the company said.
Third Century Bancorp (NASDAQ: TDCB), the holding company for Mutual Savings Bank, has said that its board of directors had approved the termination of the company's stock repurchase program on December 21, 2017.
However, as explained below, it does include authority for a California credit union to engage in a purchase and assumption transaction with a federal mutual savings bank by which it would transfer all (or substantially all) of its assets and liabilities to the federal mutual savings bank (P&A).
The Financial Services Commission (FSC), South Korea's financial regulator, has said that it has suspended the operations of four more savings banks - Busan-2 Savings Bank, Jungang Busan Savings Bank, Jeonju Savings Bank and Bohae Mutual Savings Bank - for six months due to their insufficient liquidity.
Laconia Savings, a mutual savings bank, has assets of approximately $840 million, making it one of the largest community banks in New Hampshire.
As a state-chartered mutual savings bank, customer service and the best lending and deposit rates are Mt.
Third Century Bancorp (OTCPINK: TDCB), an Indiana corporation and parent company of Mutual Savings Bank has announced that on November 16, 2017 the Board of Directors declared a dividend of USD 0.
Third Century Bancorp (NASDAQ: TDCB), an Indiana corporation and parent company of Mutual Savings Bank, has said that its board of directors has declared a dividend of USD0.
Saslaw said the compromise bill was a substitute that would give CU members "ample opportunity" to comment on a conversion plan and for them to receive notice of the proposal to change their credit union to a mutual savings bank.
the holding company for East Boston Savings Bank, a Massachusetts-based mutual savings bank, owns a 40 percent interest in the Bank.