mutualize

To make mutual.

To set up or reorganize (a corporation) so that the majority of common stock is owned by customers or employees.

To become mutual.

To render mutual; specifically, reorganize (a proprietary or stock insurance company) as a mutual company. See mutual, 4.

To make, or to become mutual

To organize a business (especially a financial business) so that it is owned by its customers (or its employees)