"The Normal Mutual Bank"---Fiction

Ed. note. This is one of a long series of fictional tales of a land up in northern Minnesota near the Land of Lake Woebegon. These tales are available on cd and are shipped in a brown paper cover, clearly marked, FICTION. They are also available by Podcast RSS feed. Any resemblance to reality is purely accidental.)

Usually I never enter the state of Minnesota after Thanksgiving, due to the frigid weather. However, with the wonderful weather warm up, on Monday, I headed up that long and winding road, Hwy 10, up to my favorite town just this side of Garrison, Mn.---- Normal, Minnesota.

Over the long drive I had a chance to review in my mind the many meetings recently....and.... I called ahead on my cellphone and told Herman, my old country boy lawyer friend to meet me at the coffee shop---right across from the bait shop---for a cup of coffee. I needed his counsel.

After settling into the comfy booth, I just got right to the point---"Herman, back in Wisconsin, banking seems like it is so complicated. There are Redevelopment Authorities, Economic Development committees, Banks, financial advisors, and more. This reminds me of the time that I went on a long bus trip with the school kids to New York. Afterwards, I told my youngest that it was good we could share some of the experience of high school. She looked at me and smiled. "Well, just because you were there does not mean you are well informed." Yes. It dawned on me that I did not really understand a lot of what happened. But then, all the guys were wearing those cool shades like the blues brothers==== that made it pretty mysterious to an old guy like me. Herman interrupted-----

"Get to the point, Wolfman....you digress.."I went on, "Anyway.....in the recent banking meetings here in Evansville...I have felt likewise. That there were a few things I did not understand. Yes I had the audio. Yes, I had the video. Beautiful color. But still....there was just a little something that I was missing in the "understanding" area."What is it like up here in God's country Herman. How do you do banking in Normal?"

Herman smiled. "Up here we keep it real simple. We have "Mutual" Banking." Then he let out one of those chortling laughs.

" 'I still do not understand, Herman. I know that there used to be "mutual" insurance companies back in the 60's and 70's in Wisconsin, but most of them were converted into "stock" companies. "Mutual" companies are a real dinasour." There is no such thing as mutual banking anymore."

Herman just laughed. "Wolfman,(that's what he always called me)----- you are dead wrong. Up here in God's country we take our "Mutual" companies REAL seriously. It's all about committment. "Mutual" ranks right up there with fishing and whiskey.

In a mutual company, the "customer" is the owner. Up here----- we take our religion and our "mutual" banking real literal like."

" I still do not understand, I wondered aloud. How does this make a difference?"

Herman grew impatient, "It makes ALL the difference in the world, Wolfman. Up here we just walk in and TELL the banker what the terms are. We are the boss. It is just real natural. Real simple. It's really the natural law up here in God's country.

Thank goodness I'm back in good old Wisconsin. Where we don't have any "mutual" banking. Where customers are customers, and bankers are bankers. Alleluia.