Search Our Site
FMHC Logo, navigate back home
Mobile Navigation Button
Board of Directors
Growing Communities Through Mutual Banking
Learn how our services support mutual banks
“Going into our third year, I can absolutely say this has been the right move. Our affiliation with First Mutual Holding Co. gave me more flexibility so I can focus on growing the bank and our community.” -Shanda Smith, president and CEO, Blue Grass Federal
When mutual banks thrive, communities do too. First Mutual Holding Co. is a member-owned holding company dedicated to supporting the growth and operational needs of mutual banks in ways that allow them to serve their communities. Since 2015, we have been providing expanded capabilities and resources, operational services and growth opportunities to mutual banks.
We believe in our five guiding principles:
The Power of Mutuality. Above all, we’re passionate about mutuality. Mutual banks are focused on putting customers, communities and employees first.
The Value of Shared Services.
Sharing ideas, products, operations, services, risks and resources offers mutual banks greater opportunities for efficiency and growth.
found continued success by utilizing shared services like audit, accounting marketing, human resources, information technology and information security. Shanda Smith, president and CEO, noted that the decision to affiliate with First Mutual Holding Co. gave her the ability to focus on growth and servicing her community.
The Preservation of Local.
Choosing a mutual bank is the ultimate example of buying local. Our banks’ positive local impact plays a key role in the success and longevity of our communities.
financial literacy classes to building new and existing community partnerships, First Federal Lakewood works closely with their communities to ensure that their local businesses, neighbors and customers thrive.
The Significance of Growth and Innovation.
Advancements in technology, customer service and user experience are critical to the future of banking. We are committed to creating an environment where growth and innovation are possible, enabling us to compete.
Find Out More About Us
Our Latest News
See ALL News