HMN Financial Culture Company

Mr. Bradley C. Krehbiel, also known as Brad, has been the Chief Executive Officer at HMN Financial, Inc. since April 2012 and has been its President since April 2010. Mr. Krehbiel has been President of Home Federal Savings Bank, a subsidiary of HMN Financial, Inc. since January 2009. He served as an Executive Vice President of Home Federal Savings Bank from April 2004 to January 2009. He joined Home Federal Savings Bank as Vice President of Business Banking in 1998. He held several positions in the financial services industry, including six years as a private banking consultant. He has been a Director of HMN Financial, Inc. since November 2009 and Home Federal Savings Bank since 2009. Mr. Krehbiel received a Bachelor of Science degree from Minnesota State Mankato.

Mr. Jon J. Eberle has been the Chief Financial Officer at HMN Financial, Inc. since October 29, 2003 and has been its Senior Vice President and Treasurer since 2003. Mr. Eberle serves as a Principal Accounting Officer of HMN Financial, Inc. He has been the Chief Financial Officer and Treasurer of Home Federal Savings Bank, a subsidiary of HMN Financial, Inc. since 2003 and its Executive Vice President since May 2012. He served as Controller of HMN Financial, Inc. since 1998. He served as Senior Vice President of Home Federal Savings Bank from 2003 to May 2012 and also served as its Controller since 1998. Mr. Eberle served as Vice President of HMN Financial, Inc. and Home Federal Savings Bank from 2000 to 2003. From 1994 to 1998, he served as Director of Internal Audit at HMN Financial, Inc. and Home Federal Savings Bank.

Mr. Lawrence D. Mcgraw, also known as Larry, has been the Chief Operating Officer and Executive Vice President at Home Federal Savings Bank (Rochester, MN) (AKA Home Federal Savings Bank ) since May 2012. Mr. Mcgraw served as Senior Vice President of HMN Financial, Inc. Mr. McGraw joined Home Federal Savings Bank as Senior Vice President and Chief Credit Officer in February 2010. He served as Chief Commercial Credit Officer at Home Federal Savings Bank for seven years. He served as Regional President and Chief Banking Officer of United Prairie Bank from January 2005 to February 2010. He served as the President and Chief Executive Officer of Owatonna location from January 2001 to January 2005. Mr. McGraw served various positions with Farmers and Merchants Savings Bank, Waukon State Bank and the FDIC.

Ms. Susan K. Kolling, also known as Sue, serves as Senior Vice President of Cash Management at HMN Financial, Inc. Ms. Kolling has been Senior Vice President at Home Federal Savings Bank since 1995. She served as Senior Vice President of Cash Management at Home Federal Savings Bank (Rochester, MN) until July 13, 2017. She served as a Senior Vice President at HMN Financial, Inc. She was an Owner of Kolling Family Corp., and KBM Developers LLC since January 1997. She served as Senior Vice President and Branch Coordinator of HMN Financial, Inc., since 1995 and also served as its Vice President from June 1993 to 1994. Ms. Kolling began her career at Federal Savings Bank in 1969. She served as Senior Vice President of Federal Savings Bank since 1995 and also served as its Vice President from 1992 to 1994. She has been a Director of Osterud Insurance Agency Inc., since April 1996. She serves as a Director of Home Federal Savings Bank. She served as a Director of Kolling Family Corp., since 2004 and HMN Financial, Inc. from 2001 to April 23, 2013.