WHITMAN AND PLYMOUTH, MA, ISSUED MAY 7, 2008…Mutual Bank, a leading independent community bank with branches in Whitman, Brockton, Falmouth, Halifax, Carver, Middleboro and Hanson, will open its ninth location this fall.

The newest Mutual Bank location will be in Plymouth.

Mutual Bank opened a Middleboro branch in 2007, and added locations in Brockton and Falmouth resulting from the 2006 merger with the former Security Federal Savings Bank. The Plymouth branch brings the Mutual Bank presence to nine locations.

The new branch will be located at 10 Pilgrim Hill Road, off Samoset Street (near Exit 6). The 3,600 square foot storefront location will offer full service, including the bank’s “Totally Free checking” program, commercial banking services, 24-hour ATM service, two-bay drive-up, safe deposit boxes, and full inside service.

The location formerly housed a Sovereign Bank. Mutual Bank plans to open by October 2008.

Glen S. White, CEO of Mutual Bank, said that they are looking forward to the new location. “Plymouth is such a vibrant part of the South Shore,” he said. “We are looking forward to becoming a part of the Plymouth community.”

About Mutual Bank

Mutual Bank is an independent, mutually-owned bank serving the community’s personal and small business banking needs, with full-service offices in Whitman, Brockton, Carver, Falmouth, Halifax, Hanson and Middleboro. The Bank has operated continuously as an independent, local institution for more than a century.  The main office is located at 570 Washington Street in Whitman, Massachusetts. For more information, visit www.MyMutualBank.com, or call Christine Grundy, Vice President/Director of Marketing, at 781-447-4488.