Mutual banks remain viable, survey says.

PositionAt Your Service - Survey - Statistical table

MUTUAL INSTITUTIONS REMAIN A STRONG AND VIABLE part of the industry, according to the recently released ABA annual Mutual Bank Survey.

Most of the 175 respondents, 75 percent with assets less than $500 million, expect sustainable and improving business line activity during the next three years. Ninety-three percent expect commercial loan activity to increase or stay the same, 89 percent anticipate consumer loans to increase or stay the same, and 83 percent expect residential mortgages to increase or stay the same.

In addition, 88 percent expect residential real estate foreclosures to decline or stay the same, 94 percent expect commercial real estate foreclosures to decline or stay the same, and 93 percent expect consumer delinquencies to decline or stay the same.

Sixty-two percent considered merger options in 2012, up 4 percent from last year, but most said a merger is not likely in the next three to five years.

While 90 percent of mutual banks say they differentiate themselves from their competitors based on their mutuality, many...

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