Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) On January 8, 2021 the registrant's wholly-owned subsidiary, Isabella Bank, amended its Relocation Expense Agreement (the "Amendment") with it principal financial officer, Neil M. McDonnell. Under the Amendment, the time condition on the reimbursement of expenses was extended from January 11, 2021, to March 12, 2021. Similarly, the deadline for Mr. McDonnell to close on the purchase of a primary residence within commuting distance of the Bank's headquarters in Mt. Pleasant, Michigan was extended from January 11, 2021, to March 12, 2021. The foregoing brief description of the Amendment is qualified in its entirety by reference to the text of the Amendment, a copy of which is attached as Exhibit 10.1.




Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
  Exhibit
    No.            Description

    10.1             Second Amendment to the Isabella Bank Relocation Expense Agreement

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