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MutualBank overview

Industry
Bank Holding
Revenue
Headquarters
Employees
461
Founded in
Website
Organization type
Public
Social media
Mutual Federal is converting to the stock form of organization and will become a wholly owned subsidiary of MFS Financial. MFS Financial initially will not be an operating company and, after the conversion, is not expected to engage in any significant business activity.
MutualBank has been around for a long time. It was founded back in 1889. This established company loves to hire graduates from Ball State University, with 38.9% of its employees having attended Ball State University. MutualBank is a great place to work and is featured as number 15 on Zippia's list of Best Companies to Work for in Muncie, IN.
Based in Indiana, MutualBank is a medium-sized finance company with 461 employees and a revenue of $110.2M.

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The team at MutualBank

  • The key people at MutualBank is David Wayne Heeter.
Key people
David Wayne Heeter
The inside scoop
MutualBank provides financial services and products, but more than, they are known to be people seeking to help their neighbors live better lives. Headquartered in Muncie, Indiana, some of the services this trusted company offers are banking, loans and investements and retirement, among others. With 39 full-service retail financial centers throughout Indiana, MutualBank has around $100 million in revenue.

MutualBank rankings

MutualBank is ranked #59 on the Best Finance companies to work for in Indiana list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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MutualBank diversity

6.1
Diversity score
We calculated MutualBank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of MutualBank’s workforce.
MutualBank diversity summary. Zippia estimates MutualBank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated MutualBank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of MutualBank's workforce.
  • MutualBank has 461 employees.
  • 83% of MutualBank employees are women, while 17% are men.
  • The most common ethnicity at MutualBank is White (73%).
  • 13% of MutualBank employees are Asian.
  • 8% of MutualBank employees are Black or African American.
  • The average employee at MutualBank makes $42,880 per year.
  • Employees at MutualBank stay with the company for 6.7 years on average.

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MutualBank financial performance

9.1
Performance score

Highest paying MutualBank competitors

Compare MutualBank salaries to competitors, including Holcomb State Bank, Education First Credit Union, and Insight Credit Union. Employees at Holcomb State Bank earn the highest average yearly salary of $57,873. The salaries at Education First Credit Union average $57,558 per year, and the salaries at Insight Credit Union come in at $56,966 per year.
RankCompanyAverage salaryJobs
1$57,8730
2$57,5580
3$56,9660
4$56,5720
5$55,0600
6$54,9660
7$53,4230
8$52,8320
9$44,5760
10$41,1570

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MutualBank FAQs

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Zippia gives an in-depth look into the details of MutualBank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about MutualBank. The employee data is based on information from people who have self-reported their past or current employments at MutualBank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by MutualBank. The data presented on this page does not represent the view of MutualBank and its employees or that of Zippia.

MutualBank may also be known as or be related to MUTUALFIRST FINANCIAL INC, MutualBank, MutualFirst Financial, MutualFirst Financial Inc, MutualFirst Financial, Inc., Mutualbank and Mutualfirst Financial, Inc.