MidWestOne Announces Board of Director Updates

IOWA CITY, Iowa (June, 2025) – MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (the “Company”), parent company of MidWestOne Bank (the “Bank”), is pleased to announce updates to our Board of Directors. These changes reflect our continued commitment to strong leadership and strategic growth. 

Tracy McCormick will now serve as the Chair of MidWestOne Financial Group, Inc., and MidWestOne Bank. She is the Chief Financial Officer and a director of Mill Creek Development Company, an urban planning and development company in Pasadena, California. Ms. McCormick currently serves on the board of Folience, a private company based in Cedar Rapids, Iowa. Her prior experience includes a career in investment banking with J.P. Morgan & Co. in New York, Chicago, and Los Angeles. Ms. McCormick is the daughter of MidWestOne Bank’s former Chairman and Director Emeritus, W. Richard Summerwill, and became a director of the Company in 2011 following his retirement from the board. She became a director of the Bank upon the completion of the merger with Central Bank in May 2015. Ms. McCormick received a Bachelor’s degree in Economics and Communications from the University of Michigan and a M.Sc. in Economics from the London School of Economics and Political Science. Ms. McCormick also serves on the Audit Committee due to her skills and expertise developed in investment banking and subsequent business experience. 

MidWestOne Bank would like to give a warm welcome to Andre Perry, who will be joining the MidWestOne Financial Group, Inc., and MidWestOne Bank Board of Directors. Mr. Perry is the Executive Director of Hancher Auditorium and the University of Iowa Office of Performing Arts and Engagement. He served as the Director of Arts, Engagement, and Inclusion at the University of Iowa and as the Executive Director of The Englert Theatre in Iowa City for eleven years. He also serves on numerous boards, including the National Independent Venue Association, Arts Midwest, and Iowa Arts Council. Mr. Perry received his Bachelor’s degree in English from Princeton University and his M.F.A, Nonfiction Writing Program, from the University of Iowa. Among other attributes, skills and qualifications, we consider Mr. Perry to be qualified for service on the board, Audit Committee and the Nominating and Corporate Governance Committee due to his business experience and his ties within the Iowa City community. 

About MidWestOne Financial Group, Inc. 

MidWestOne Financial Group, Inc. is a financial holding company headquartered in Iowa City, Iowa. MidWestOne is the parent company of MidWestOne Bank, which operates banking offices in Iowa, Minnesota, Wisconsin, and Colorado. MidWestOne provides electronic delivery of financial services through its website, MidWestOne.bank. MidWestOne Financial Group, Inc. trades on the Nasdaq Global Select Market under the symbol “MOFG”. 

Media Contact: 
Amie Strohman-Figley, VP Brand and Corporate Communications Officer 
MidWestOne Bank 
afigley@midwestone.com