Mutual banks

Hometown, which agreed to buy Millbury Savings Bank, has already completed one acquisition this year and has another pending.

Readers weigh legislative proposals on pot banking, consider JPMorgan's new digital coin, debate the Federal Deposit Insurance Corp.'s brokered deposit rules and more.

While proponents contend the model could help reach the underbanked, there remain many arguments against it.

Hometown Financial will merge Abington Bank into Pilgrim Bank. The combined bank will be run by Andrew Raczka, Abington's CEO.

The mutual holding company received regulatory approval to form a limited-purpose commercial bank, allowing it to work around a state law barring mutuals from working with municipalities.

A proposal to let certain thrifts operate like national banks blurs the line even further between the two institution types.

Cape Cod Five Cents Savings Bank has transformed its summer intern program so that it is more structured and attracts students who could see themselves staying in the industry.

The central bank’s dividend waiver rule has severely limited the formation of mutual holding companies.

The leader of an Ohio mutual is urging his peers to follow the lead of credit unions by forming groups to share technology and collaborate on lending and deposit gathering.

Thomas Fraser will step down as president and CEO of First Federal Lakewood and instead focus on overseeing the mutual's holding company.