News

Isabella Bank Corporation announces the appointment of William M. Schaefer as its Chief Financial Officer. Schaefer brings a wealth of experience accumulated over 23 years in the accounting and finance sector.

Isabella Bank Corporation announced its Board of Directors declared a first-quarter cash dividend of $0.28 per common share at its regular meeting on February 28, 2024. The dividend will be payable March 29, 2024, to shareholders of record as of March 27, 2024.

Isabella Bank Corporation reported fourth quarter and year-end 2023 earnings, demonstrating resilience during a year buffeted by rising interest rates on deposit accounts.

Isabella Bank Corporation and Isabella Bank, announce the appointment of Neil M. McDonnell to the Corporate and Bank Boards, effective January 31, 2024. McDonnell was named Bank President earlier this month. In his previous role as CFO, he was instrumental in implementing a five-year strategic plan and driving initiatives to improve financial performance and metrics.

Jerome E. Schwind has assumed the role of top executive at Isabella Bank Corporation. He succeeds Jae A. Evans, who was in the role for a decade before retiring. Neil M. McDonnell, the Bank’s Chief Financial Officer, also replaces Schwind as Bank President.

Isabella Bank Corporation announced its Board of Directors declared a fourth-quarter cash dividend of $0.28 per common share at its regular meeting on November 29, 2023. The $0.28 dividend brings year-to-date cash dividends to $1.12, increasing 2.75% over cash dividends paid in 2022.

Isabella Bank Corporation has reported net income of $4.4 million for the third quarter of 2023 and $14.4 million for the nine-month period ended September 30, 2023.

Isabella Bank announced the promotion of Tama Acker to Assistant Vice President of Collections. Tama will continue to service the collection functions at Isabella Bank. In the Collections Department, Tama plays an important role in helping customers find financial solutions by working with them to resolve outstanding debts and develop repayment plans that align with their situation and help them regain financial stability.

Isabella Bank announced the promotion of Julie Smith to Senior Vice President and Chief Technology Officer. Julie will continue to oversee the daily operations of the Information Technology Services Department and the technological needs of the Bank.