Mutualfirst Salary

As of August 2026, the average annual salary for employees at Mutualfirst in the United States is $84,146. This translates to an approximate hourly wage of $40. Salaries at Mutualfirst typically range from $73,774 to $95,530 annually, 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 annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

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

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 $96,162
+14.3%
Driven by niche technical certifications required for MERIDIAN BANK's specialized projects.
HOMEBANC $83,014
-1.3%
Suggests HOMEBANC utilizes a highly similar base-plus-benefits compensation model.
CAMBRIDGE TRUST COMPANY $102,238
+21.5%
Data suggests CAMBRIDGE TRUST COMPANY's workforce skews heavily towards veteran, high-tenure roles.
GRAZING FIELDS FARM $97,052
+15.3%
Reflects a supply-demand imbalance for the specific talent GRAZING FIELDS FARM targets.
Financial Services Industry $121,514
+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 typical salary range (low to high) for most roles at Mutualfirst?
The typical annual salary range for most roles at Mutualfirst is approximately from $73,774 to $95,530. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, 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 experience level affect salary at Mutualfirst?
Experience level is a significant factor in determining salary at Mutualfirst, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Mutualfirst in Muncie is fair given the local cost of living?
To determine if a salary offer from Mutualfirst in Muncie is fair, first compare the gross salary to our data for similar roles at Mutualfirst and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Muncie" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Mutualfirst differ from the ranges shown here?
An individual's actual salary at Mutualfirst can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.