Marquette National Corporation Annual Meeting of Stockholders Will Be Held on May 13, 2021

Rhea-AI Summary

Marquette National Corporation (OTCQX: MNAT) will hold its annual stockholders meeting on May 13, 2021, at the Community Room of Marquette Bank's Oak Forest location. The meeting will commence at 2:00 p.m. Four Class III directors will be elected for three-year terms. Following the resignation of Michael D. Devlin on April 21, 2021, the board will have a total of 11 directors. To ensure safety amid the COVID-19 pandemic, stockholders are encouraged to vote by proxy rather than attending in person.

Positive

• Scheduled election for four Class III directors, indicating active governance.
• Encouraging proxy voting aligns with public health guidelines, ensuring stakeholder engagement.

Negative

• Resignation of director Michael D. Devlin may indicate potential instability in leadership.

CHICAGO, April 23, 2021 /PRNewswire/ -- Marquette National Corporation (OTCQX: MNAT) (the "Company") today announced that its annual meeting of stockholders will be held at the Community Room of Marquette Bank's Oak Forest location, 5700 W. 159^th Street, Oak Forest, Illinois, on Thursday, May 13, 2021, at 2:00 p.m.  Four Class III directors will be elected for three-year terms.  With the resignation of Michael D. Devlin from the board of directors effective April 21, 2021, the board will total 11 directors.

Only those stockholders of record as of the close of business on March 19, 2021 are entitled to vote at the annual meeting.  Given the public health impact of the coronavirus outbreak (COVID-19) and the Company's desire to support the health and well-being of its directors, officers and stockholders, stockholders are being encouraged to vote and submit their proxy in advance of the annual meeting in lieu of attending the meeting in person. The Company will require measures such as masks and social distancing, and will comply with any federal or state orders regarding limits on in-person gatherings.

For further information about the Company, go to: https://www.otcmarkets.com/stock/MNAT/overview.

Marquette National Corporation is a diversified bank holding company and the parent of Marquette Bank, a full-service, community bank that serves the financial needs of communities in Chicagoland.  The Bank has 20 branches located in Chicago, Bolingbrook, Bridgeview, Evergreen Park, Hickory Hills, Lemont, New Lenox, Oak Forest, Oak Lawn, Orland Park, Romeoville and Summit, Illinois.

For more information:
Paul Eckroth
EVP & CFO
708-364-9011          
peckroth@emarquettebank.com

View original content:http://www.prnewswire.com/news-releases/marquette-national-corporation-annual-meeting-of-stockholders-will-be-held-on-may-13-2021-301276231.html

SOURCE Marquette National Corporation

FAQ

When is the Marquette National Corporation annual stockholders meeting in 2021?

The annual stockholders meeting will be held on May 13, 2021.

Who is eligible to vote at the Marquette National Corporation annual meeting?

Only stockholders of record as of March 19, 2021, are entitled to vote.

What measures are being taken for the safety of attendees at the Marquette National Corporation meeting?

The Company will implement measures such as masks and social distancing.

What is the stock symbol of Marquette National Corporation?

The stock symbol is MNAT.

Why did Michael D. Devlin resign from the Marquette National Corporation board?

The press release does not specify the reasons for Michael D. Devlin's resignation.