Bank CEO receives Sagamore award

MUNCIE – David W. Heeter, chief executive officer and director of MutualBank, Muncie, has been named a Sagamore of the Wabash by Gov. Mike Pence.

The award recognizes Hoosiers who complete distinguished statewide service. Heeter was presented the award by Sen. Jim Merritt (R-Indianapolis) on Sept. 30 at the annual convention of the Indiana Bankers Association (IBA) in French Lick, according to a press release.

In addition to his responsibilities with MutualBank, Heeter also serves as CEO, president and director of MutualFirst Financial Inc. He began his banking career with MutualBank in 1978 and has served in multiple positions, including vice president and executive vice president/chief operating officer, before being named to his current titles in 2003. Heeter is vice president of the MutualBank Charitable Foundation Inc. He also is a member of the IU Health Ball Memorial Physicians Board, the Community Foundation of Muncie and the Delaware County finance advisory board.

Heeter is a graduate of Ball State University and of the Graduate School of Banking at the University of Wisconsin.