An article in the Hartford Business Journal speculates that the mutual holding company structure, long a popular option for credit unions converting from credit union to bank charters, may be on its way out.

The article said there is regulatory uncertainty as the Office of Thrift Supervision, the structure's former regulator, gets folded into the Office of the Comptroller of the Currency and the Federal Reserve's oversight of thrift holding companies expands.

The paper reported that one bank in Connecticut had moved from a MHC structure to a fully stock-issuing structure and that seven others had also done so, up from two in 2009 and one in 2008.

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