HMN Financial, Inc. (NASDAQ:HMNF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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HMN Financial, Inc. (NASDAQ:HMNF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02.

Item 9.01.Financial Statements and Exhibits

(d)Exhibits

Exhibit No.

Description

10.1

Executive Severance Agreement, dated as of May 23, 2017,
among the Company, the Bank and Bradley C. Krehbiel


About HMN Financial, Inc. (NASDAQ:HMNF)

HMN Financial, Inc. (HMN) is a stock savings bank holding company that owns Home Federal Savings Bank (the Bank). The Bank operates retail banking and loan production facilities in Minnesota, Iowa and Wisconsin. The Bank has two subsidiaries, Osterud Insurance Agency, Inc., which offers financial planning products and services, and HFSB Property Holdings, LLC, which acts as an intermediary for the Bank in holding and operating certain foreclosed properties. HMN’s business involves attracting deposits from the general public and businesses and using such deposits to originate or purchase one- to four-family residential, commercial real estate and multi-family mortgage loans, among others. HMN invests in mortgage-backed and related securities, the United States government agency obligations and other permissible investments. HMN serves the southern Minnesota counties of Dodge, Fillmore, Freeborn, Houston, Mower, Olmsted and Winona, and portions of Steele, Goodhue and Wabasha.

HMN Financial, Inc. (NASDAQ:HMNF) Recent Trading Information

HMN Financial, Inc. (NASDAQ:HMNF) closed its last trading session down -0.10 at 17.30 with 2,168 shares trading hands.