Bank Mutual: Appoints Jeanne Zeske vice president – commercial banking for Milwaukee office

Contact: Jack Steinbrecker, Vice President of Sales & Marketing

Milwaukee Wis. — Bank Mutual is pleased to announce the appointment of Jeanne
Zeske to Vice President of Commercial Banking for Southeast Wisconsin. Jeanne will be located at
2600 N. Mayfair Road in Milwaukee.

Prior to Bank Mutual, Jeanne was a Vice President, Credit Manager, and Team Lead at BMO Harris
Bank for over ten years. Her responsibilities included loan approvals; monitoring business banking,
commercial real estate, and special assets portfolios; leading business banking portfolio managers;
and development and execution of strategic banking initiatives.

Prior to BMO, Jeanne was a
Relationship Manager and Vice President of Commercial Banking at U.S. Bank for over ten years
where she managed a portfolio of business customers.
Bank Mutual is the largest bank headquartered in Milwaukee, with assets at June 30, 2013 of $2.4
billion. Bank Mutual was founded in 1892 and operates 75 offices in the state of Wisconsin and one
office in Minnesota. Bank Mutual offers the advantage of local decision making, and provides financial
solutions for commercial clients, such as cash flow lending and acquisition financing that add value
above and beyond traditional banking.