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What are mutuals?

What are mutuals? Here are some definitions.

Noun
  1. plural of mutual
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So I was already wondering, as this is one of the UK's very last mutuals, whether the time is right for me to break with convention and vote.
He has been the labour historian most concerned with uncovering forgotten histories, including the histories of mutuals and friendly societies.
State government savings and agricultural banks joined with mutuals to complement private sector priorities.
Where mutuals are concerned members have a great deal of power to play with.
Therefore, we don't need access to the capital market, a motivation that has driven some other mutuals to become stock companies.
It believes, as Britain's biggest building society, that it must consistently demonstrate that mutuals are cheaper than plcs.

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