MutualBank

Status:Inactive as of 04/24/2020
 Merger - Without Assistance
Successor Bank:Northwest Bank
Headquarters:MutualBank
110 East Charles St
Muncie, IN 47305
Established:01/01/1889
FDIC Insurance:06/09/1952
FDIC Cert:#27744
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$2,058,934,000
Total Deposits:$1,556,998,000

History

1889-01-01Institution established: Original name:Mutual Home Federal Savings and Loan Association of Muncie
1981-12-31Acquired Warsaw Federal Savings and Loan Association (27848) in WARSAW, IN
1984-04-30Changed name to Mutual Federal Savings Bank
1984-04-30Changed organization type to MUTUAL SAVINGS BANK
1999-12-29Changed organization type to STOCK SAVINGS BANK
2000-12-08Acquired First Federal Savings Bank of Marion (29717) in MARION, IN
2008-07-01Changed name to MutualBank
2008-07-18Acquired MFB Financial (The "Savings Bank") (28153) in MISHAWAKA, IN
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2012-01-01Changed organization type to COMMERCIAL BANK
2012-01-01Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2012-01-01Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2012-01-02Change trust powers from TRUST POWERS NOT GRANTED to FULL POWERS GRANTED, EXERCISED
2018-02-28Acquired BloomBank (15714) in BLOOMFIELD, IN
2020-04-17Reorganized.
2020-04-24Merged into and subsequently operated as part of Northwest Bank (28178) in WARREN, PA

Financial Information (2019-12-31 and Older)