8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT



Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)                     August 18, 2006
MUTUALFIRST FINANCIAL, INC. (Exact name of registrant as specified in its chapter)
Maryland (State or other jurisdiction of incorporation	000-27905 (Commission File Number)	35-2085640 (IRS Employer Identification No.)

110 E. Charles Street, Muncie, Indiana (Address of principal executive offices) 47305-2419 (Zip Code)

Registrant's telephone number, including area code                      (765) 747-2800              

Not Applicable(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 8.01.  Other Events

         On August 18, 2006, the Registrant issued a press release announcing the completion of the acquisition of three branch offices located in Winchester, Wabash and Warsaw, Indiana from First Financial Bank, N.A., Hamilton, Ohio.

         With this acquisition, Mutual Federal Savings Bank will have assets of approximately $991 million and will operate 21 offices in Delaware, Randolph, Grant, Kosciusko and Wabash Counties.

Item 9.01.  Financial Statements and Exhibits

(d)	Exhibits
	99	Press release dated August 18, 2006.

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SIGNATURES

       Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

	MUTUALFIRST FINANCIAL, INC.
Date: August 22, 2006	By:   /s/ Timothy J. McArdle       Timothy J. McArdle        Senior Vice President, Treasurer

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EXHIBIT INDEX

Exhibit Number	Description
99	Press Release, dated August 18, 2006

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EX-99

EXHIBIT 99

PRESS RELEASE

FOR MORE INFORMATION CONTACT:
David W. Heeter, CEO
(765) 747-2880 Patrick C. Botts, President and Chief Operating Officer
(765) 747-2900 FOR IMMEDIATE RELEASE
August 18, 2006

Mutual Federal Savings Bank Completes Branch Purchase

          MUNCIE, INDIANA - Mutual Federal Savings Bank announced today that it has completed the acquisition of three branch offices of Community First Bank and Trust. The offices purchased are in Winchester, Warsaw and Wabash Indiana.

"The purchase of these offices allows Mutual Federal Savings Bank to expand its footprint and provide enhanced franchise value," said Dave Heeter, CEO of Mutual Federal Savings Bank.

In Winchester, Mutual Federal will move its Marsh Supermarket branch operations into the former Community First Office a block away. This will provide a full-service operation including drive-up teller and ATM availability. The walk-up ATM in the Marsh store will remain in service at this time. Pat Botts, President and Chief Operating Officer of Mutual Federal said, "We are excited about increasing our customer base in Randolph County and Winchester, and believe this new branch location will extend convenient service to existing and potential customers."

In Warsaw, all purchased accounts will be serviced from existing Mutual Federal offices. Three offices are convenient to the purchased Community First office.

Mutual Federal will operate the former Community First office in Wabash as an independent branch office. Botts added, "Serving Wabash County is exciting because it enables us to bridge the gap in service between our Grant and Kosciusko County operations. We believe our outstanding products and services will provide Wabash County customers an alternative to their existing banking relationships."

Mutual Federal Savings Bank was chartered in 1889 and presently offers financial services through a network of twenty-one full-service offices in Delaware, Randolph, Kosciusko, Grant and Wabash Counties and via the Internet. Mutual Federal is a wholly-owned subsidiary of MutualFirst Financial, Inc. (NASDAQ: MFSF).

Statements contained in this release, which are not historical facts, are forward-looking statements, as that term is defined in the Private Securities Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from those currently anticipated due to a number of factors, which include, but are not limited to factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time.