America's Mutual Banks

 

America's Mutual Banks was formed for the purpose of advocating for issues unique to mutual savings institutions. We are composed of persons and institutions who are committed to the preservation and advancement of mutuality as a viable business model for FDIC depository institutions. Our goal is to be the voice to promote the mutual agenda among Federal and State legislators, regulators and other policymakers.  Another major goal is to educate legislators, regulators and other stakeholders on the unique attributes of the mutual form of ownership. We strive to preserve mutual institutions' freedom of choice with respect to Federal or State charter and form of corporate charter. America's Mutual Banks also works with the national and state trade groups to promote mutuality and will assist those trade groups on other issues, if deemed advisable, to the extent not inconsistent with our purpose.  Most importantly, America's Mutual Banks operates on the basis of inclusivity and will represent the interests of mutuals regardless of charter, location or size.

Mission Statement

The goal of America's Mutual Banks is to be the preeminent voice for mutual financial institutions.  AMB defines itself in the following ways: 

 

  • AMB will be an advocate for issues uniquely affecting mutuals;

 

  • AMB will be the voice to promote the mutual agenda among Federal and State legislators, regulators and other policymakers;  

  • AMB will educate legislators, regulators and other stakeholders on the unique attributes of the mutual form of ownership;

 

  • AMB will strive to preserve mutual institutions' freedom of choice with respect to Federal or State charter and form of corporate charter;

 

  • AMB will work with the national and state trade groups to promote mutuality and will assist those trade groups on other issues, if deemed advisable, to the extent not inconsistent with the purposes of AMB;

  • AMB will serve to advance mutuality by promoting enhancements to mutual corporate governance;