MutualFirst Financial, Inc. and Universal Bancorp Announce Merger Agreement
By: Dave Heeter, President and CEO of MutualFirst— Combination Expands MutualFirst’s Presence into Central and Southern Indiana Creates Community Bank with $2 Billion of Assets Muncie, IN – MutualFirst Financial, Inc. (Nasdaq: MFSF) (“MutualFirst”) and Universal Bancorp (“Universal”) have announced that they have entered into a definitive agreement (the “Agreement”) pursuant to which Universal will be merged into MutualFirst, with MutualFirst being the surviving entity. Upon the closing of the transaction, BloomBank, the wholly owned bank subsidiary of Universal, will…
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