Bank Mutual

4949 West Brown Deer Road
Brown Deer, WI 53223

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 30125
Date Established 1940
Assets $2.39 billion
Loans $1.86 billion
Deposits $1.79 billion
Capital $0.46 billion

Bank Mutual is an FDIC insured institution located in Brown Deer, WI. It was founded in 1940 and has approximately $2.39 billion in assets. Customers can open an account at one of its 69 branches.

For a more detailed analysis of Bank Mutual's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Bank Mutual’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Commercial Real Estate.

Compared to other banks in Wisconsin, Bank Mutual has a significantly higher percent of Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 32.43
Multifamily
Mortgages
29.02
Credit Card Loans 0.42
Consumer Auto Loans 0.07
Small Business Loans 2.61
Construction and Development Loans 7.35
Commercial Real Estate 17.07
Commercial and Industrial Loans 12.94
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.10% $10,000 $49,999 Learn MoreShow Less
3 Mo CD 100K
0.10% $50,000 - Learn MoreShow Less
Special: 5 Mo CD
0.65% $5,000 $9,999 Learn MoreShow Less
6 Mo CD 10K
0.10% $10,000 $49,999 Learn MoreShow Less
6 Mo CD 100K
0.10% $50,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.15% $2,500 $9,999 Learn MoreShow Less
Special: 13 Mo FIRA
1.25% $5,000 $9,999 Learn MoreShow Less
Special: 23 Mo FIRA
2.25% $5,000 $9,999 Learn MoreShow Less
Special: 33 Mo FIRA
2.40% $5,000 $9,999 Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.01% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.12% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.18% $25,000 $49,999 Learn MoreShow Less
PREMM Rates APY MIN MAX
Premium MM 10K
0.12% $1 $25,000 Learn MoreShow Less
Premium MM 25K
0.18% $25,001 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.01% $100 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Bank Mutual branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bank Mutual Locations

Financial Details

Bank Mutual Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank Mutual. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank Mutual U.S. Bank Average
6.02% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2018, Bank Mutual had $23,510,000 in non-current loans and $4,048,000 in owned real estate. To cover these potential losses it had $455,950,000 in equity and $1,458,000 in loans loss reserves. That gives it a Texas Ratio of 6.02%.

Return on Equity
Bank Mutual U.S. Bank Average
-4.7% 9.35%

Bank Mutual has a Return on Equity of -4.7% versus the BestCashCow average of 9.35%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank Mutual U.S. Bank Average
19.08% 12.01%

Bank Mutual has a Capitalization of 19.08% versus the BestCashCow average of 12.01. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank Mutual Balance Sheet Analysis

As of March 31, 2018, Bank Mutual had assets of $2,389,537,000, loans of $1,861,321,000, and deposits of $1,788,064,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.14 billion
Interest-bearing balances $0.03 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $1.86 billion
Loan loss allowance $0.00 billion
Trading account assets $0.01 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.23 billion
All other assets $0.09 billion
     Total Assets $1.93 billion
LIABILITIES
Total deposits $1.79 billion
      Interest-bearing deposits $1.49 billion
      Deposits held in domestic offices $1.79 billion
      % insured (estimated) 87.48%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.01 billion
Other borrowed funds $0.09 billion
Subordinated debt $0.00 billion
All other liabilities $0.05 billion
      Total Liabilities $1.93 billion
      Shareholders’ Equity $0.46 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.03 billion
Pre-tax Net Operating Income $-0.01 billion

Frequently Asked Questions About Bank Mutual

Branches and Savings

Is Bank Mutual FDIC insured?

Yes. It is covered under FDIC Certificate #30125.

Why does Bank Mutual pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank Mutual CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank Mutual a commercial bank?

Yes

Where are Bank Mutual locations?

See branch locations nearby.

Is Bank Mutual open on Saturdays?

Is Bank Mutual open on Sundays?

What time does Bank Mutual open?

What time does Bank Mutual close?

Are Bank Mutual ATMs Open 24/7?

Do Bank Mutual ATMs accept cash deposits?

Can Bank Mutual customers use other ATMs?

Do Bank Mutual branches have notaries?

Will Bank Mutual notarize my document?

What address for Bank Mutual should I put for incoming ACH transfers?

Will the Bank Mutual branch print checks?

Do Bank Mutual checks expire?

Does Bank Mutual require US citizenship to open account?

Can Bank Mutual close my account?

Does Bank Mutual Report to credit bureaus?

Does Bank Mutual Use Equifax?

What is Bank Mutual's ACH Routing Number?

What is Bank Mutual's SWIFT code?

Products

Does Bank Mutual offer mortgages?

Compare mortgage rates here.

Does Bank Mutual offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Mutual offer personal loans?

Compare personal loan rates here.

Does Bank Mutual offer student loans?

Will Bank Mutual cash a check?

Will Bank Mutual redeem a savings bond?

Does Bank Mutual cash savings bonds?

Will Bank Mutual cash money orders?

Can Bank Mutual issue a money order?

Does Bank Mutual do currency exchange?

Background on The Bank

Who owns Bank Mutual?

How long has Bank Mutual been around?

Can Bank Mutual transfer to other banks?

Does Bank Mutual have quick pay?

Does Bank Mutual accept rolled coins?

Will Bank Mutual accept loose change?

Where is Bank Mutual headquarters?

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