Merged banks take BankMutual name

The merged Mutual Savings and First Northern Savings banks are now known as Bank Mutual. The change was made March 17 when the two subsidiaries of Bank Mutual Corp. were merged into one bank.
Mutual Savings Bank president and CEO Michael T. Crowley Jr. retains those titles with Bank Mutual, while First Northern Savings president and CEO Michael D. Meeuwsen assumes the role of executive vice president and COO.
The merged bank has 69 offices throughout Wisconsin and one office in Woodbury, Minn. The Consumer Loan Processing Division and other support departments will be based in Green Bay, where First Northern Savings was based.
"The merger and name change are a part of our overall vision for long-term growth in Wisconsin which can be better accomplished by combining the ‘best practices’ of both organizations into one new entity," said Crowley. "The name Bank Mutual reflects the strength of our parent company and will provide a sense of unity for our customers and employees."
"This merger provides energy and momentum that will lead us into the future," said Meeuwser. "We’re excited that we now have a new identity to communicate that energy to our customers."
The company has adopted a new logo to coincide with the name change, and all location signs will be changed by the end of March. A new Web site, www.bankmutual.com, was launched.
Bank Mutual Corp., with headquarters in Brown Deer, was formed two years ago to handle the merger. Bank Mutual Corp. is the fifth largest banking institution headquartered in Wisconsin, with assets of $2.8 billion.