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A state-chartered savings bank owned by its depositors and managed by a board of trustees.
MSB
1
Bank Zero This bank will only function as a
mutual
savings
bank
and won't have any retail options.
2
Mutual
savings
banks
are usually smaller, with limited services and are centred around savings and not credit.
3
Kane Salisbury had been in a bank when she married him; was cashier of the River Falls
Mutual
Savings
Bank
now.