1 EXHIBIT 1.1 BANK MUTUAL CORPORATION 4,692,782 to 8,701,000 Shares of Common Stock (par value $.01 per share) AGENCY AGREEMENT September 8, 2000 Ryan, Beck & Co., Inc. 220 South Orange Avenue Livingston, New Jersey 07039-5817 Ladies and Gentlemen:...Agency Agreement • September 20th, 2000 • Mutual Savings Bank • Savings institution, federally chartered • New York
