mutual savings bank

Also found in: Thesaurus, Financial, Encyclopedia, Wikipedia.

Related to mutual savings bank: savings and loan association

mutual savings bank

(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

ThesaurusAntonymsRelated WordsSynonymsLegend:

Switch to new thesaurus

Noun

mutual savings bank - a state-chartered savings bank owned by its depositors and managed by a board of trustees

MSB

savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks

Mentioned in ?

References in periodicals archive ?

Forty percent of voters said that their credit union is looking at converting to a mutual savings bank.

Corporate fall out forces look at conversion

An FDIC -insured full service mutual savings bank, North Easton Savings Bank serves south-eastern Massachusetts with nine offices in Easton, Norton, Mansfield, and North Attleboro.

North Easton Savings Bank and Mutual Bank sign merger agreement

Third Century Bancorp (OTC: TDCB), an Indiana corporation and parent company of Mutual Savings Bank, has said that its board of directors has declared a dividend of USD0.06 per share on its common stock.

Third Century Bancorp declares cash dividend

Mining company Gold Fields and mutual savings bank Finbond are the latest to end their tie-up with the firm.

KPMG's South African unit loses more clients

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 stops stock repurchase program

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 0.06 for shareholders of record on December 15, 2017, the company said.

Third Century Bancorp declares dividend

Mutual Savings Bank is a full-service financial institution with its main office at East Jefferson Street, Franklin, Indiana.

Third Century Bancorp declares cash dividend

Third Century Bancorp (OTCPINK: TDCB), the holding company for Mutual Savings Bank, announced it had net income of USD 219,000 for the quarter ended September 30, 2017, or USD 0.19 per basic and diluted share, compared to net income of USD 172,000 for the quarter ended September 30, 2016, or USD 0.14 per basic and diluted share, the company said.

Third Century Bancorp net income up YoY

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.

Third Century Bancorp terminates stock repurchase program

Third Century Bancorp (OTCPINK: TDCB), an Indiana corporation and parent company of Mutual Savings Bank, has announced that it's board of directors has declared a dividend of USD 0.05 for shareholders of record on September 15, 2017, the company said.

Third Century Bancorp announces dividend

Third Century is the parent of Mutual Savings Bank, a full-service financial institution with over USD152m in assets as of 31 March 2018.

Third Century Bancorp declares dividend of USD0.06 per share

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 USD0.06 per share on its common stock.