A mutual bank is a cooperative financial institution owned by its depositors or customers. They include mutual organization, mutual savings banks and cooperative banking. Unlike traditional banks, which prioritize shareholder profits, mutual banks focus on serving their members' interests.[1] They reinvest profits back into the institution to benefit customers, offer a range of banking services, and often have a community-oriented approach.[2] Regulations around mutual banking vary by country.
mutual, bank, mutual, bank, cooperative, financial, institution, owned, depositors, customers, they, include, mutual, organization, mutual, savings, banks, cooperative, banking, unlike, traditional, banks, which, prioritize, shareholder, profits, mutual, banks. A mutual bank is a cooperative financial institution owned by its depositors or customers They include mutual organization mutual savings banks and cooperative banking Unlike traditional banks which prioritize shareholder profits mutual banks focus on serving their members interests 1 They reinvest profits back into the institution to benefit customers offer a range of banking services and often have a community oriented approach 2 Regulations around mutual banking vary by country See also editMutualism economic theory Building society Cooperative banking Credit unionReferences edit Witman Alden March 22 2023 What is a Mutual Bank Main Street Bank Banker Resource Center Mutual Institutions Federal Deposit Insurance Corporation May 12 2023 nbsp This finance related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Mutual bank amp oldid 1160337069, wikipedia, wiki, book, books, library,
