MutualFirst Financial, Inc. operates as the holding company of Mutual Federal Savings Bank, which provides commercial banking services in Indiana. The bank accepts savings, money market deposit, demand, passbook, NOW and noninterest bearing deposits, and certificates of deposits. It also offers one-to four-family and multifamily loans, real estate construction and development loans, consumer loans, and commercial business loans. In addition, the company also provides mortgage and credit life insurance, as well as accident and disability insurance. It also issues and services annuity contracts. The company's investment portfolio comprises of mutual funds, federal agency obligations, mortgage-backed securities, collateralized mortgage obligations, corporate obligations, and municipal obligations. As of June 30, 2005, the bank operated 19 full service offices located in Delaware, Randolph, Grant, and Kosciusko counties, Indiana. The company was founded in 1889 and is headquartered in Muncie, Indiana.
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