|
BANK MUTUAL CP, (BKMU) Stock Research Free Stock Rating
|
|
| |
| Company Profile |
| |
|
Bank Mutual Corporation operates as the holding company for the Bank Mutual, a federal savings bank, which provides various financial services primarily in the state of Wisconsin. The bank offers a range of deposit products, including regular savings accounts, interest-bearing demand accounts, noninterest-bearing demand accounts, money market accounts, time deposits, and IRA time deposit accounts. It originates mortgage loans, consumer loans, commercial real estate loans, and commercial business loans. Bank Mutuals primary lending activity includes the origination and purchases of first mortgage loans secured by one- to four-family properties. The banks consumer loan products include home equity loans, home equity lines of credit, home improvement loans, automobile loans, recreational vehicle loans, marine loans, deposit account loans, overdraft protection lines of credit, unsecured consumer loans, unsecured consumer loans through the Visa credit card programs, and federally guaranteed student loans. Its commercial loan portfolio consists of loans to businesses for equipment purchases, working capital lines of credit, debt refinancing, small business administration loans, and domestic stand-by letters of credit. In addition, Bank Mutual provides investment, brokerage, and insurance services, as well as engages in the development and sale of land. The banks investment services include tax deferred and tax free investments, mutual funds, and government securities. It also offers personal insurance, business insurance, life and disability insurance, and mortgage protection products. Bank Mutual invests primarily in mutual funds, the United States government and federal agency obligations, corporate issue securities, stock in federal agencies, and mortgage-related securities. The bank had 70 banking offices located in 28 counties in Wisconsin, in addition to a Minnesota bank office, as of February 25, 2005. Bank Mutual Corporation is based in Milwaukee, Wisconsin.
|
|
