0000842517-25-000043.txt : 20250305 0000842517-25-000043.hdr.sgml : 20250305 20250305162923 ACCESSION NUMBER: 0000842517-25-000043 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250303 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250305 DATE AS OF CHANGE: 20250305 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ISABELLA BANK Corp CENTRAL INDEX KEY: 0000842517 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 382830092 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18415 FILM NUMBER: 25711599 BUSINESS ADDRESS: STREET 1: 401 NORTH MAIN STREET CITY: MT PLEASANT STATE: MI ZIP: 48858 BUSINESS PHONE: 9897729471 MAIL ADDRESS: STREET 1: 401 NORTH MAIN STREET CITY: MT PLEASANT STATE: MI ZIP: 48858 FORMER COMPANY: FORMER CONFORMED NAME: ISABELLA BANK CORP DATE OF NAME CHANGE: 20080602 FORMER COMPANY: FORMER CONFORMED NAME: IBT BANCORP INC /MI/ DATE OF NAME CHANGE: 19920703 8-K 1 isba-20250303.htm 8-K isba-20250303
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 3, 2025
  
ISABELLA BANK CORPORATION
(Exact name of registrant as specified in its charter)
 
 
Michigan000-18415 38-2830092
(State or other jurisdiction
of incorporation)		(Commission
File Number)		 (IRS Employer
Identification No.)
401 North Main StreetMt. PleasantMichigan 48858-1649
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (989) 772-9471
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule l4a-12 under the Exchange Act (17 CFR 240.l4a-l2)
☐Pre-commencement communications pursuant to Rule l4d-2(b) under the Exchange Act (17 CFR 240.l4d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.l3e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading
Symbol(s)		Name of each exchange on which registered
NoneN/AN/A
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Section 5 - Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d)    Appointment of David B. Behen as a Director for Isabella Bank Corporation and Isabella Bank
On January 29, 2025, the Board of Directors of Isabella Bank Corporation (the "Corporation") appointed David B. Behen (age 55) to the Board of Directors of the Corporation and to the Board of Directors of Isabella Bank effective March 3, 2025. Additionally, Mr. Behen is expected to serve on the Corporation's Compensation and Human Resource Committee and the Board Risk Committee of Isabella Bank. Mr. Behen will serve a term as a director until the Corporation's Annual Meeting of Shareholders in 2026. The Board has determined that Mr. Behen is an "independent director" within the meaning of applicable rules and regulations of the Securities and Exchange Commission.
The Corporation issued a press release dated March 5, 2025 announcing Mr. Behen's appointment to the Board of Directors of Isabella Bank Corporation and to the Board of Directors of Isabella Bank.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d)    Exhibits:
Exhibit
No.		Description
104Cover page interactive data file - the cover page XBRL tags are embedded within the inline XBRL document

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
Dated: March 5, 2025 By: /s/ Jerome E. Schwind
  Jerome E. Schwind, President & CEO


INDEX TO EXHIBITS
Exhibit
No.		Description
104Cover page interactive data file - the cover page XBRL tags are embedded within the inline XBRL document

 EX-99.1 2 isba_2025xdirectorappointm.htm EX-99.1 Document

Exhibit 99.1
For Immediate Release
Isabella Bank Corporation
401 N. Main Street
Mt. Pleasant, MI 48858-1649
FOR MORE INFORMATION CONTACT:
Lori Peterson, Vice President and Director of Marketing
Phone: 989-779-6333 | lapeterson@isabellabank.com
Behen Joins Isabella Bank Board and Isabella Bank Corporation Board of Directors

Mt. Pleasant, MI, March 5, 2025- Jerome Schwind, President and Chief Executive Officer of Isabella Bank Corporation, announced the appointment of David B. Behen to the Isabella Bank Board and Isabella Bank Corporation Board of Directors, effective March 3, 2025.
“We are thrilled to welcome Mr. Behen to our Board of Directors,” stated Schwind. “He has extensive experience in cybersecurity and a proven track record of building successful organizations. As we continue to drive forward in our mission, Mr. Behen’s expertise will be invaluable in shaping our strategic direction and strengthening our commitment to security and innovation.”
Mr. Behen brings a wealth of experience to the Isabella Bank Corporation Board of Directors, holding executive leadership roles in the private and public sector for more than 20 years. Notably, he was a cabinet member for Michigan Governor Rick Snyder, serving as Director of the Department of Technology, Management, and Budget, and State Chief Information Officer. Under his leadership, Michigan gained national recognition for its advancements in information technology and cybersecurity. Additionally, Mr. Behen co-founded a software company, InfoReady Corporation, and served as Vice President and Chief Information Officer for its parent company, GDI Infotech. He was the Vice President and Chief Information Officer for La-Z-Boy Incorporated, leading global information technology reinvention and development of their cybersecurity program. Presently, Mr. Behen is the co-founder and Chief Strategy Officer at SensCy, a cybersecurity company focused on small and medium-sized organizations.
Mr. Behen earned both his Bachelor of Science and Master of Public Administration from Eastern Michigan University. He has received many esteemed awards and recognition for his contributions to information technology and cybersecurity, including the CIO 100 Award in 2006, 2007, 2013, 2016, and 2020. Mr. Behen holds several board and committee positions for professional and technology organizations. He is a past member of the Western Michigan University Board of Trustees and a current member of the Eastern Michigan University College of Engineering and Technology Advisory Board.
In addition to his professional achievements, Mr. Behen embodies a strong sense of dedication. He regularly provides his expertise to national and international audiences as a keynote speaker, expert panelist, and moderator. He spent many years coaching his children in sports and enjoys spending time outdoors and with his family. Mr. Behen has three children, Isabel, Joshua, and Olivia, and currently resides in Saline, Michigan with his wife, Rosalie.


Isabella Bank Corporation (OTCQX: ISBA) is the parent holding company of Isabella Bank, a state-chartered community bank headquartered in Mt. Pleasant, Michigan. Isabella Bank was established in 1903 and has been committed to serving the local banking needs of its customers and communities for over 121 years. The Bank offers personal and commercial lending and deposit products, as well as investment, trust, and estate planning services through Isabella Wealth. The Bank has locations throughout eight Mid-Michigan counties: Bay, Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm, and Saginaw.
exhibit99a.jpg

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Cover
Mar. 03, 2025
Cover [Abstract]  
Document Type 8-K
Document Period End Date Mar. 03, 2025
Entity Registrant Name ISABELLA BANK CORP
Entity Incorporation, State or Country Code MI
Entity File Number 000-18415
Entity Tax Identification Number 38-2830092
Entity Address, Address Line One 401 North Main Street
Entity Address, City or Town Mt. Pleasant
Entity Address, State or Province MI
Entity Address, Postal Zip Code 48858-1649
City Area Code 989
Local Phone Number 772-9471
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Entity Central Index Key 0000842517
Amendment Flag false
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