Did Murphy Oil find oil in Vietnam?
Yes, Northwest Bancshares, the parent company of Northwest Bank, completed its merger with MutualFirst Financial, the parent company of MutualBank, on April 27, 2020. This transaction resulted in the integration of MutualBank's operations into Northwest Bank. The merger provided the combined institution with approximately $12.8 billion in total assets and expanded Northwest Bank’s retail footprint significantly, particularly within the state of Indiana, where MutualBank had maintained 36 full-service office locations. The consolidation was intended to increase operating scale and provide a broader range of financial products to a larger customer base.
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