ISABELLA BANK CORPORATION (OTCMKTS:ISBA) 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 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e)The Supplemental Executive Retirement Plan
On February 12, 2019, Isabella Bank Corporation (“ISBA”) filed a Form 8-K stating, in part, that it had entered into a participation agreement under the Isabella Bank Corporation Supplemental Executive Retirement Plan with Neil M. McDonnell, a named executive officer of ISBA (the “Participation Agreement”). The Participation Agreement that was filed with the Form 8-K was not the correct Participation Agreement. This amendment is filed to provide the correct Participation Agreement, a copy of which is attached as Exhibit 10.2.
Section9 – Financial Statements and Exhibits
Item 5.02 Financial Statements and Exhibits.
EX-10.2 2 serpparticipationagreement.htm EXHIBIT 10.2 Exhibit Exhibit 10.2ISABELLA BANK CORPORATIONSUPPLEMENTAL EXECUTIVE RETIREMENT PLANPARTICIPATION AGREEMENTFOR NEIL MCDONNELL(KEY EMPLOYEE)January 23,…
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About ISABELLA BANK CORPORATION (OTCMKTS:ISBA)
Isabella Bank Corporation is a financial services holding company. The Company’s subsidiary, Isabella Bank, has approximately 30 banking offices located throughout Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm and Saginaw counties. The Company offers a range of banking services to businesses, institutions and individuals. Its lending activities include loans for commercial and agricultural operating and real estate purposes, residential real estate loans and consumer loans. Deposit services offered include checking accounts, savings accounts, certificates of deposit, direct deposits, cash management services, mobile and Internet banking, electronic bill pay services and automated teller machines. The Company also offers full service trust and brokerage services. The Company provides group life, health, accident, disability and other insurance programs, as well as a number of other employee benefit programs.