Bank Mutual Corporation FAQS

1.                  What is Bank Mutual Corporation?

Bank Mutual Corporation is a shareholder-owned savings bank holding company.  Its subsidiary bank, Bank Mutual, is a federally-chartered savings bank.  Bank Mutual Corporation itself is a Wisconsin-chartered business corporation.

2.                  Where are shares of the common stock of Bank Mutual Corporation traded and what is the ticker symbol.

The common stock of Bank Mutual Corporation is traded on The Nasdaq Stock Marketâ under the ticker symbol "BKMU."

3.                  Does Bank Mutual Corporation have a Dividend Reinvestment Plan?

Yes, Bank Mutual Corporation’s transfer agent has a Dividend Reinvestment and Stock Purchase Plan that allows registered shareholders who own 50 shares or more of Bank Mutual Corporation common stock to reinvest their cash dividends and purchase additional shares of Bank Mutual Corporation stock on a monthly basis.  Through the Stock Purchase Plan, registered shareholders can invest a minimum of $100 to a maximum of $2,500 per month.  For more information about the plan, please call our Transfer Agent, Registrar and Transfer Company at (800) 368-5948 or see their website at www.rtco.com.

Payments for monthly cash contributions can be made by check or via an electronic debit to your checking or savings account.  Contact Registrar and Transfer Company to set up the electronic debit.  

4.          When was your most recent dividend paid and what was the dividend rate?

 See Dividend Payments for more information.

5.                  Can I buy or sell directly through Bank Mutual Corporation?

Your initial investment of Bank Mutual Corporation stock must be made through a stockbroker of your choice.  Once you are a registered shareholder of 50 shares or more of Bank Mutual Corporation, you may reinvest your quarterly cash dividends and make additional monthly cash contributions to purchase stock directly through the Dividend Reinvestment and Stock Purchase Plan.  Shares held in the Plan may be sold directly through that plan.

6.                  Does Bank Mutual Corporation Common Stock pay dividends?

Yes.  See Dividend Payments for more information.

7.                  Who do I contact regarding issues relating to my shares, such as current holdings, dividend payment, transferring ownership, address changes, or lost or stolen stock certificates?  Who is the Transfer Agent?

Please contact our Transfer Agent:

Registrar and Transfer Company
10 Commerce Drive
Cranford, NJ   07016
(800) 368-5948

www.rtco.com

Remember to include a reference to Bank Mutual Corporation in any written correspondence to Registrar and Transfer Company.  List your tax identification numbers (Social Security Number) as well as the registration name exactly as it appears on the stock certificate(s).

8.                  I have a stock certificate issued before October 29, 2003 showing Bank Mutual Corporation as a federal corporation.  Is that still a valid stock certificate?

On October 29, 2003, Bank Mutual Corporation changed from a federally-chartered corporation to a Wisconsin corporation, as part of a conversion to full shareholder ownership.  Outstanding shares were then converted into shares of the new corporation.  However, you must contact our Transfer Agent to return your old stock certificate and obtain a new certificate for the new shares.

9.                  Where can I obtain more information about Bank Mutual, your bank subsidiary?

For more information about Bank Mutual, our subsidiary bank, please see its website, which you can find at www.bankmutual.com, or call Bank Mutual at (414) 354-1500.

10.                  How can I obtain an Annual Report or other investor information?

Bank Mutual Corporation's Annual Report, Proxy Statement, Form 10-K, and other SEC filings are available at our website, www.bankmutualcorp.com, and/or through links to the SEC’s EDGAR system.  See Financial Reports section for more information.  Press releases are also available to download in Adobe Acrobat format.  See Press Releases section for additional information.