Northwest Bancshares completed the acquisition of MutualFirst Financial for $346m.

Northwest Bancshares, a full-service financial institution offering a complete line of business and personal banking products, employee benefits and wealth management services, completed the acquisition of MutualFirst Financial, the holding company of MutualBank, an Indiana-based financial institution, for $346m. "We are pleased to announce the completion of our merger with MutualFirst Financial, Inc. and MutualBank. The management teams and employees of both Northwest and MutualFirst Financial have worked tirelessly over the past six months to prepare for the integration of our two companies. We believe that this transaction will help deliver value through increased operating scale and new market opportunities. The combined strength of our institutions will allow us to better serve customers across all of our markets with a wide range of financial products and services, while maintaining the personal service they expect from their community bank," Ronald J. Seiffert, Northwest President and CEO.