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Tuesday, November 10, 2009, 1:52AM ET - U.S. Markets open in 7 hours and 38 minutes. Dow Up 2.03% Nasdaq Up 1.97%
Mutualfirst Financial Inc. (MFSF)On Nov 9: 7.26  Up 0.71 (10.84%)  
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Mutualfirst Financial Inc.
110 East Charles Street
Muncie, IN 47305
United States - Map
Phone: 765-747-2800
Fax: 765-289-1201
Web Site: http://www.mfsbank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:365

BUSINESS SUMMARY 
MutualFirst Financial, Inc. operates as the holding company for Mutual Federal Savings Bank, which provides various financial products and services. It engages in accepting retail deposits from the general public and investing those funds primarily in loans. The company offers deposit accounts, which include passbook and statement savings accounts, money market deposit accounts, noninterest bearing accounts, NOW accounts, interest checking accounts, and certificates of deposit. MutualFirst Financial’s loan portfolio comprises one to four family, multi-family, and commercial real estate loans; commercial business loans; mortgage loans; and construction and development loans, as well as consumer loans, which include home equity and home improvement, auto, boat, recreational vehicle, and loans secured by savings deposits. The company also sells various insurance products. As of March 31, 2009, it operated a network of 33 retail financial centers located in Delaware, Elkhart, Grant, Kosciusko, Randolph, St. Joseph, and Wabash counties in Indiana. The company was founded in 1889 and is headquartered in Muncie, Indiana.
Key Statistics

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    CORPORATE GOVERNANCE 
    Mutualfirst Financial Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 38.8% of CGQ Universe companies and 23.4% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. David W. Heeter , 47
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Mutual Federal Savings Bank of Mutual Federal Savings Bank
    $ 265.00K $ 0
    Mr. Tim McArdle , 58
    Chief Financial Officer, Principal Accounting Officer, Sr. VP, Treasurer, Controller, Chief Financial Officer of Mutual Federal Savings Bank, Sr. VP of Mutual Federal Savings Bank and Treasurer of Mutual Federal Savings Bank
    $ 185.00K $ 0
    Mr. Patrick C. Botts , 45
    Exec. VP, Director, Pres of Mutual Federal Savings Bank, Chief Operating Officer of Mutual Federal Savings Bank of Mutual Federal Savings Bank
    $ 213.00K $ 0
    Mr. Charles Viater , 54
    Director, Sr. VP, Chief Exec. Officer of MFB Corp, Pres of MFB Corp and Regional Pres of Mutual Federal Savings Bank
    N/A N/A
    Mr. Stephen C. Selby , 63
    Sr. VP of Operations Division - Mutual Federal
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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