Company: ISBA
Filing Date: 2025-09-02
Form Type: 8-K
Source: 0000842517-25-000142
Chunk: 0

Company: ISABELLA BANK CORP
Filing Date: 2025-09-02
Form: 8-K
Item: Item 5.02
Chunk 0
---
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 28, 2025, Isabella Bank Corporation (the "Corporation") informed Mr. William M. Schaefer, Chief Financial Officer ("CFO"), of his termination of employment, effective immediately. Mr. Schaefer's termination did not relate to any disagreement on matters related to the Corporation's operations, policies or practices or any other matter, and Mr. Schaefer was not aware of any deficiencies in financial or operating controls at the time of his termination.

Effective upon Mr. Schaefer's termination, Neil McDonnell, the President of the Corporation's wholly-owned subsidiary, Isabella Bank (the "Bank"), will serve as interim CFO of the Corporation, while a national search is conducted to identify a permanent CFO. Mr. McDonnell, who will continue to serve as President of the Bank, previously served as the Corporation's CFO for six years before being appointed President of the Bank in January 2024.

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 hereunto duly authorized.

  ISABELLA BANK CORPORATION                                                                
  By:                            /s/ Jerome E. Schwind                                     
                                 Jerome E. Schwind, President and Chief Executive Officer