Fed Proposes Revising Mutual Bank Rules for Raising Capital

The Federal Reserve Board proposed modernizing rules for mutual banking organizations that would increase flexibility for certain mutual banks to raise capital, the regulator said Friday. Mutual bank organizations are owned by depositors rather than shareholders Mor

The Federal Reserve Board proposed modernizing rules for mutual banking organizations that would increase flexibility for certain mutual banks to raise capital, the regulator said Friday.

Mutual bank organizations are owned by depositors rather than shareholders

More than 90% of such institutions

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