MutualBank president dies

Patrick Botts passed away this week at the age of 55. (photo courtesy of MutualBank)

MUNCIE, Ind. (Inside INdiana Business) — Pat Botts, the president and chief operating office of Muncie-based MutualBank, has died.

In a statement on Facebook posted Sunday, the company said the death was unexpected. The Star Press reported services for Botts are pending at Meeks Mortuary. 

The bank released this statement on Facebook:

“Our company is at a loss for words as we announce the unexpected passing of our President, Chief Operating Officer and outstanding leader, Pat Botts. On behalf of our board of directors, leadership, and employees, we extend our deepest sympathies to the Botts family.

Pat became part of the MutualBank family in 1986. In his 33-year career at Mutual, he served in various roles, including leading the mortgage lending department. He genuinely cared for people to be able to purchase a home efficiently. Tied to homeownership, Pat had a passion for Muncie Habitat for Humanity. He served on the Habitat board of directors and various boards throughout the community, but one of his greatest passions was creating opportunities for future generations. Pat served with the Boys & Girls Clubs of Muncie and the By5 initiative. He humbly advocated for the youth in our community.

Pat impacted lives throughout our community, but it’s the impact he had within our company that makes this loss so devastating. Pat was a family man and one of the humblest leaders, never wanting the accolades of accomplishments. He always acknowledged and gave credit to the team surrounding him. He was the kind of leader who was in the trenches, hands-on, and present. Employees often describe

Pat as a “numbers guy” who had a unique ability to calculate percentages and statistics within seconds. Even with a strong exterior, Pat was sensitive and kind. During a United Way presentation, for example, you may find Pat trying to hold back emotions when hearing the stories of others. He truly sought to impact the lives of those he encountered.
In his honor, share with us one or a few of your favorite “Pat stories” in the comments. We will be sure to pass those along to the family.

Thank you, Pat, for leading and serving in the banking industry, in our community, and in our lives. The world is a better place because of you.”