Douglas Faucette and Daniel Weitzel spoke at the Pennsylvania Association of Community Bankers (PACB) Maximizing Mutuality Conference 2019. This year's conference was November 4-5 in Hershey, PA.
Their session was "Maximizing Mutuality…Be Something Special – A Redux." There are numerous ways in which to separate mutual banks from the crowded field of financial institutions; longevity, community focus, ownership, pedigree and commitment. This session discussed ideas for cooperation and collaboration with one another, either through formal partnering or sharing of products and services. We also discussed real world examples of how mutual banks have succeeded in leveraging their mutual form to their advantage.
For more information, please visit the conference website.