Mutual Savings Bank is a bank based in Franklin, Indiana, established in 1890, with $349 million in total assets across 4 branches. By Trust Grade it ranks 79th of 89 banks we track in Indiana. Its capital ratio of 6.8% trails most similarly sized banks (6th percentile), versus a Indiana median of 9.6%. It was profitable over the most recent period, with a 0.81% return on assets. No consumer complaints against Mutual Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Mutual Savings Bank compares to Indiana peers
How we graded Mutual Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (6.8% capital ratio)
- Profitable (ROA 0.81%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Mutual Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 1124 N Main St, Franklin, IN 46131
- 2 Trafalgar Sq, Trafalgar, IN 46181
- 80 E Jefferson St, Franklin, IN 46131
- 2812 S State Road 135, Greenwood, IN 46143
Are deposits at Mutual Savings Bank insured?
Yes. Mutual Savings Bank is an FDIC-insured bank (FDIC certificate #27742). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Mutual Savings Bank: frequently asked questions
Is Mutual Savings Bank a good bank?
Mutual Savings Bank earns a Bankzia Trust Grade of B (85/100, "Strong"), based on a financial-strength score of 85/100 (it has no CFPB complaints on record). Well-capitalized (6.8% capital ratio); Profitable (ROA 0.81%).
Is Mutual Savings Bank FDIC-insured?
Yes. Mutual Savings Bank is a FDIC-insured bank (FDIC certificate #27742). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Mutual Savings Bank?
Mutual Savings Bank holds $349 million in total assets, ranking 79th of 89 banks we track in Indiana. It operates 4 branches.
Does Mutual Savings Bank have CFPB complaints?
No CFPB complaints against Mutual Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
