Eagle Bancorp Montana, Inc. Announces Board Changes
October 24, 2018 at 11:34 am EDT
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On October 18, 2018, pursuant to Article III, Section 5 of the Bylaws of Eagle Bancorp Montana, Inc., the Board of Directors appointed Corey Jensen to the Board, to fill the vacancy arising from the retirement of Larry Dreyer. Mr. Jensen's term will continue until the next annual meeting of the company’s shareholders at which time it is expected that he will be a nominee of the Board for election by shareholders for a one-year term, or until his resignation or removal, if earlier. Mr. Jensen currently serves as the President and Chief Executive Officer of Vision Net, Inc. Mr. Jensen will be appointed to Board Committees in the near future.
Eagle Bancorp Montana, Inc. is the bank holding company of Opportunity Bank of Montana (the Bank). It provides loan and deposit services to customers who are predominantly small businesses and individuals throughout Montana. It is a diversified lender with a focus on residential mortgage loans, commercial real estate mortgage loans, commercial business loans, agricultural loans and second mortgage/home equity loan products. It offers a variety of deposit accounts. Deposit account terms vary, primarily as to the required minimum balance amount, the amount of time that the funds must remain on deposit and the applicable interest rate. Its current deposit products include certificates of deposit accounts ranging in terms from 90 days to five years, as well as, checking, savings and money market accounts. Individual retirement account (IRA) certificates are included in certificates of deposit. It also originates in commercial real estate, home equity, and consumer and commercial loans.