MUTUAL SAVINGS BANK

Mutual Savings Bank was established on November 13, 1936, originally under the name Mutual Savings and Loan Association. Over the years, the institution underwent several changes; on December 31, 1984, it changed its chartering agency to the Office of Thrift Supervision (OTS). On July 13, 2000, it rebranded itself as Mutual Savings Bank and transitioned to a Federal Savings Bank organization type. The bank's primary federal regulatory agency shifted to the Office of the Comptroller of the Currency on July 21, 2011. Finally, Mutual Savings Bank merged with Oconee Federal Savings and Loan Association on January 31, 2024, in Seneca, South Carolina, concluding its operational history as an independent financial institution.

Below is a list of some important events in banks history, including mergers and acquisitions.

DATEEVENT

1936-11-13Institution established. Original name: Mutual Savings and Loan Association.

1984-12-31Changed Chartering Agency to Ots.

2000-07-13Changed Bank Class to Federal Savings Bank.

2000-07-13Changed Organization Type to Mutual Savings Bank.

2000-07-13Changed Institution Name to Mutual Savings Bank.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2024-01-31Merged and became part of Oconee Federal Savings and Loan Association (30111) in Seneca, SC.