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Home > Company Index > Banking > Banking - Midwest > MutualFirst Financial Inc.

MutualFirst Financial Inc.
Nasdaq: MFSF
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 PROFILE
MutualFirst Financial (formerly MFS Financial) is the holding company for Mutual Federal Saving Bank, which serves northern Indiana's Delaware, Grant, Kosciusko, and Randolph counties through more than 15 branches. The bank offers such deposit products as checking, savings, money market, and NOW accounts, as well as CDs. About 60% of the bank's loan portfolio is devoted to residential mortgage loans. The bank offers a wide variety of consumer loans (nearly 25% of the portfolio) including car, boat, and home improvement loans. The bank also provides business and other real estate loans. The company has acquired Marion Capitol Holdings, owner of the three-branch First Federal Savings Bank of Marion.

 COMPETITION
BANK ONE CORPORATION (ONE)
First Merchants Corporation (FRME)
National City Corporation (NCC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 44.80
1-Yr. Sales Growth: 18.9%
Employees: 249
Revenue per employee: $179,919.68

 KEY PEOPLE
• R. Donn Roberts
    CEO
• Timothy J. McArdle
    CFO

 CONTACT INFO
110 E. Charles St.
Muncie, IN 47305
US
Phone: 765-747-2800
Fax: 765-289-1201
Online: Web Site

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