MILWAUKEE, Nov. 7, 2011 /PRNewswire/ -- Bank Mutual Corporation (NASDAQ: BKMU) ("Bank Mutual") today announced that the Board of Directors has declared a quarterly cash dividend of $0.01 per share. The cash dividend will be paid on December 1, 2011, to shareholders of record on November 18, 2011.
The quarterly cash dividend of $0.01 is the forty-fourth cash dividend paid by Bank Mutual since becoming a capital stock organization in November 2000. The Company is the fourth largest banking institution headquartered in the state of Wisconsin, with assets at September 30, 2011, of $2.5 billion. Its subsidiary bank, Bank Mutual, operates 78 offices in the state of Wisconsin and one office in Minnesota.
SOURCE Bank Mutual Corporation