BNET Industries
Last Fiscal Year Sales:$300.0M
- Private
- US
Dow Jones Description
With over 100 years of commitment to the communities we service Mutual Savings is truly your family financial center. Our Statement of Condition reflects our commitment to invest back into our local communities. Mutual Savings offers six branches for your convenience. All of our locations are full service branches able to take care of your financial needs.
President and CEO
David HoppesNumber of Employees 74
Peer Companies
NAICS Code Commercial Banking: 522110
News & Analysis
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mutual savings - All News and Analysis
A.M. Best Affirms Ratings of Unitrin, Inc.; Upgrades Ratings of Mutual Savings Fire and Mutual Savings Life
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A Excellent and issuer credit ratings ICR of "a" of Unitrin Property and Casualty Insurance Group Unitrin and some of its members. The outlook for these ratings is stable. A.M. Best also has continued the...
Mutual savings banks take steps to evolve
Slavie Federal Savings Bank has filed regulatory papers to create a mutual holding company, a move that will let the century-old institution sell stock for the first time. The papers were submitted to the Securities and Exchange Commission late last month. And a lawyer working on the deal...
Philadelphia-based Beneficial Mutual Savings Bank changes ownership structure.
By Todd Mason, The Philadelphia Inquirer Knight Ridder/Tribune Business News Aug. 10--Beneficial Mutual Savings Bank is changing its ownership structure to make it easier for the 151-year-old bank to raise money and grow. The mutual bank will hold a special meeting...
Mutual Savings Bank Completes Initial Stock Offering and Simultaneously Forms Holding Company Named Third Century Bancorp
FRANKLIN, Ind. -- Mr. Robert D. Heuchan, President and Chief Executive Officer of Mutual Savings Bank based in Franklin, Indiana ("Mutual"), announced today that Mutual has completed its conversion from the mutual to the stock form of ownership and its simultaneous formation of a newly established holding company, Third Century...
Mutual Savings Bank in Rhode Island Unveils Its New Identity.
By David McPherson, Providence Journal, R.I. Knight Ridder/Tribune Business News Jan. 22--Change is coming to Newport Federal Savings Bank. The 116-year-old mutual savings bank yesterday unveiled a new name and logo as it bids for customers turned off by big banks....
Former Connecticut Savings, Loan Reopens As Mutual Savings Bank.
By Marc Silvestrini, Waterbury Republican-American, Conn. Knight Ridder/Tribune Business News Jan. 28--An era dating back to the 19th century came to a close Monday when the former Naugatuck Valley Savings and Loan Association, the last state-chartered savings and loan in Connecticut, opened...
Naugatuck, Conn.-Based S&L Applies to Become Mutual Savings Bank.
By Marc Silvestrini, Waterbury Republican-American, Conn. Knight Ridder/Tribune Business News Nov. 2--Naugatuck Valley Savings and Loan Association Inc., the last state-chartered savings and loan institution in Connecticut, has filed an application to become a mutual savings bank in order to ensure ...
Intrieve To Provide Outsourced Technology Solutions To Mutual Savings Bank
Business Editors Intrieve, Incorporated, a leading provider of outsourced technology solutions to financial institutions, announced today that the company has signed a long term outsourcing contract with Indiana-based Mutual Savings Bank. Mutual Savings Bank, a six-branch institution with $88 million in assets, sought a technology partner to support...
Jersey City, N.J.-Based Mutual Savings Bank Buys Ridgewood, N.J., Bank.(Knight Ridder/Tribune Business News)
Aug. 30--Jersey City-based Provident Savings Bank, New Jersey's oldest and largest mutual savings bank, agreed to buy another old-timer yesterday, Ridgewood Financial Inc., in a deal valued at $22.4 million. Under terms of the deal, Ridgewood Financial shareholders will receive $15 cash for...
Newberry, S.C., Mutual Savings Bank Plans Stock Offering.(Knight Ridder/Tribune Business News)
Jan. 21--Newberry Federal Savings Bank, the Midlands' last mutual savings bank, plans to convert to a stock company. Newberry Federal announced Thursday that its board of directors had approved a plan to convert to a federally chartered stock savings bank. A stock...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| David Hoppes | President and CEO |
| Brent Lathrom |
| Organization | Position | Status |
|---|---|---|
| Mutual Savings | President and CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Mutual Savings | Current | |
| Federal Deposit Insurance Corporation | Member | Former |
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