\\u003cp\\u003e\\u003ca class=\\"glossary-term\\" href=\\"/education/glossary/mutual-bank/\\"\\u003eMutual banks\\u003c/a\\u003e are owned by their depositors, and they don\\u0026rsquo;t report to shareholders. At Gate City Bank, we\\u0026rsquo;re especially thankful for our mutual-bank status because it allows us to prioritize philanthropic giving in a way that creates a better way of life for customers, communities and team members.\\u003c/p\\u003e