About MutualBank
MutualBank is a Financial Services company based in Muncie (United States) founded in 1889, and was acquired by Northwest Bank in October 2019. Commercial bank. Its chief executive, as recorded, is Dave Heeter. Its focus areas include Banks and Commercial Banks. Its competitors include Truist, Equity Bank and Citi; 1 of its 3 listed competitors has raised funding.
Company details
MutualBank was established in 1889 in Muncie, United States, as a commercial bank. Core operations focus on providing financial services such as checking and savings accounts, personal and business loans, and mortgage products to local customers. The institution is led by CEO and President Dave Heeter. Activities are conducted primarily within the regional market, with the domain bankwithmutual.com utilized for online access.
- Headquarters Muncie, United States
- Stage Acquired
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website bankwithmutual.com
- Social LinkedIn X Facebook
- Acquired by Northwest Bank (Oct 2019)
- Investors
- Acquired byNorthwest Bank
(Oct 2019)
Investors in MutualBank
MutualBank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Northwest Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Northwest Bank is engaged in providing banking and financial services. | 1896 | northwest.bank | Warren, United States |
Investor details for MutualBank
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People of MutualBank
24 people are tracked at MutualBank (7 in leadership, 9 in board & advisors, 8 in team).
| Name | Role | Group |
|---|---|---|
Dave Heeter | CEO & President | Leadership |
Christopher D. Cook | SVP, Treasurer & CFO, MutualBank & SVP, Treasurer & CFO, MutualFirst Financial, Inc | Leadership |
Pat Botts | President/COO | Leadership |
Stephanie Salyer | Assistant Vice President | Leadership |
David W. Heeter | CEO | Leadership |
Mike Portolese | Vice President | Leadership |
Chuck Viater | Regional President | Leadership |
Richard J. Lashley | Director | Board & advisors |
Michelle R. Altobella | Director | Board & advisors |
Mark L. Barkley | Director | Board & advisors |
James M. Bernard | Director | Board & advisors |
Linn A. Crull | Director | Board & advisors |
Brian C. Hewitt | Director | Board & advisors |
Edward C. Levy | Director | Board & advisors |
Michael J. Marien | Director | Board & advisors |
Wilbur R. Davis | Chairman | Board & advisors |
Tim Werner | Financial Center Manager | Team |
Preston Tollett | Regional Lending Manager | Team |
Smith Holli | Financial Center Manager | Team |
Samatha Lindley | Senior Accountant | Team |
4 more people are available in the full profile.
Complete people profiles for MutualBank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of MutualBank
2 dated milestones of MutualBank across 130 years, from founding to its latest funding, stage changes and deals.
- Founded MutualBank is founded.
- Exit Acquired by Northwest Bank.
Competitors of MutualBank
MutualBank has 3 listed competitors in our database, 1 of them funded. They include Truist, Equity Bank and Citi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. | ||
| citigroup.com | 1812 | New York, United States | 500 | Diversified financial services are offered through commercial banking operations. |
Detailed competitors of MutualBank
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- Full competitor set
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Web traffic of MutualBank
Websites that share an audience with MutualBank (bankwithmutual.com).
Websites whose visitors overlap most with MutualBank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| 1stsource.com | 100% | 244.7K | #149,831 | View details | |
| mymutualbank.com | 100% | View details | |||
| centier.com | 99% | 680.7K | #386,411 | View details | |
| lakecitybank.com | 78% | 120.7K | #227,433 | View details | |
| missionvalleybank.com | 74% | 7.2K | #3,245,077 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 18 similar websites and full traffic analytics for MutualBank
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- 18 similar websites
- Audience overlap
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Related news about Mutualbank
Complete news archive for MutualBank
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Frequently Asked Questions about MutualBank
MutualBank was founded in 1889.
MutualBank is headquartered in Muncie, United States. It is registered at Muncie, Indiana, United States.
Dave Heeter is the CEO of MutualBank, as recorded in our data.
MutualBank was established in 1889 in Muncie, United States, as a commercial bank. Core operations focus on providing financial services such as checking and savings accounts, personal and business loans, and mortgage products to local customers. The institution is led by CEO and President Dave Heeter. Activities are conducted primarily within the regional market, with the domain bankwithmutual.com utilized for online access.
MutualBank's top competitors include Truist, Citi and Equity Bank.
MutualBank has 1 investor. Key investors include Northwest Bank.
Yes. MutualBank was acquired by Northwest Bank in October 2019.

