Kate Kelly
Catherine (“Kate”) T. Kelly joined the Clearfield Board of Directors in December 2024. She brings to our Board extensive experience as a strategic finance executive who has led, built, and turned around significant units in two large national banks, a regional community bank, and a start-up bank. She also has substantial experience in governance and community service as a former director of the Federal Reserve Bank of Minneapolis and as a current or former director of several private and non-profit organizations.
Ms. Kelly served as Regional President and Executive Vice President, Minnesota Market, of PNC Financial Services Group, Inc., the fifth largest commercial bank in the United States by assets, from 2017 to December 2023. From 2007 to 2017, she served as President and Chief Executive Officer of, and was an investor in, Minnesota Bank & Trust, a chartered community bank. From 2002 to 2007, Ms. Kelly served as Region President, Financial Services Director, Wealth Management Director, and Bremer Trust President at Bremer Financial Corporation, a regional financial services company. Prior to joining Bremer, she worked at US Bancorp, the fourth largest commercial bank in the United States by assets, for 18 years in roles of increasing responsibility, serving most recently as District Manager/Vice President, Corporate Banking from 2001 to 2002.
Ms. Kelly holds a Master of Business Administration degree from the University of Minnesota Carlson School of Management and a Bachelor of Arts degree from St. Catherine University.