Mutualfirst Salary

Mutualfirst Salary

Salaries

Job Openings

Overview

Reviews

Similar Company

FAQ

Recommended HR Topics
Compensation Planning Hot Insights on Your Competitors' PayNew Global Market Data New Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average hourly salary for employees at Mutualfirst in the United States is $40. This translates to an approximate annual wage of $84,146. Salaries at Mutualfirst typically range from $35 to $46 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Mutualfirst Pay for Different Roles?

Explore detailed salary information for specific jobs at Mutualfirst. Based on our data, the highest paying job is the Business Anaylst, with an hourly wage of $66. The table below outlines the hourly wage ranges for most popular roles within the company.

Digital Services Specialist

$17 / hour

Salary Range: $15 - $19

Security Services

Contact Center Agent

$42 / hour

Salary Range: $36 - $48

Sales

Fraud and Security Specialist

$44 / hour

Salary Range: $38 - $51

Security Services

Digital Support Agent

$34 / hour

Salary Range: $30 - $38

Construction

Business Anaylst

$66 / hour

Salary Range: $55 - $75

Library

Digital Banking Agent

$34 / hour

Salary Range: $30 - $38

Construction

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Mutualfirst.
Loading results...

About Mutualfirst: Company Profile

Website
www.bankwithmutual.com
Founded In
2013
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Location
MUNCIE
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About MUTUALFIRST
MutualFirst Financial provides financial products services to individuals and businesses.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Mutualfirst's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The ethical culture is palpable - compliance and transparency aren't just checkboxes but core values. This autonomy fosters responsibility and a sense of ownership over my work. I’ve experienced steady career growth thanks to thoughtful management and an empowering, organized environment. The work environment is positive, collaborative, and encourages innovation. What I appreciate most is how this...
Commented in March 05, 2025
20
1
Policies are well documented, but application varies by department. Compensation is standard, with modest perks. Onboarding was straightforward, and expectations are communicated clearly. Benefits and compensation packages are very competitive. The company’s focus on employee development and ethical financial practices sets it apart. There’s a healthy mix of structure and flexibility. Technology s...
Commented in October 04, 2024
25
1
I've been promoted based on performance and appreciated for my contributions. Career growth is possible. Collaboration across teams fosters knowledge sharing and professional development.
Commented in March 31, 2024
19
2

How Mutualfirst's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Mutualfirst’s pay competitiveness. Click on a company for a deeper dive.

Is Mutualfirst’s Pay Competitive? Salary Benchmarking Analysis

How does Mutualfirst's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
MERIDIAN BANK $46
+14.3%
Adjusted for higher cost-of-living indices in MERIDIAN BANK's primary metro hubs.
HOMEBANC $40
-1.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
CAMBRIDGE TRUST COMPANY $49
+21.5%
Driven by niche technical certifications required for CAMBRIDGE TRUST COMPANY's specialized projects.
GRAZING FIELDS FARM $47
+15.3%
Reflects structural premiums typical of GRAZING FIELDS FARM's large-cap national operations.
Financial Services Industry $59
+44.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Muncie?

Understanding the cost of living near Muncie is key to truly evaluating a salary offer or your current compensation at Mutualfirst.
Muncie's Cost of Living Index is approximately 75.3 (24.7% less expensive than US average; 16.9% less than IN average). Home to Ball State University, very affordable housing. MITS bus. When planning your budget based on a salary from Mutualfirst, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $1,000+ A significant portion of Mutualfirst salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (MITS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,760 - $2,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Mutualfirst

FAQ 1: What is the average salary for employees at Mutualfirst?
The average total compensation for employees at Mutualfirst is approximately $40 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $35 to $46 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Mutualfirst pay compared to MERIDIAN BANK?
The average annual salary at Mutualfirst is $84,146, or an hourly wage of $40, in comparison to MERIDIAN BANK which pays $96,162 per year or $46 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Mutualfirst?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Mutualfirst for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Mutualfirst offer cost-of-living adjustments (COLA) for employees in high-cost areas like Muncie?
While some companies offer formal COLA, many, including potentially Mutualfirst, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
FAQ 5: What's the typical process for salary reviews and raises at Mutualfirst?
Most companies, likely including Mutualfirst, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning