Kate Kelly is the former executive vice president and regional president of PNC Bank, Minnesota. Prior to joining PNC in January 2017, she was president and CEO of Minnesota Bank & Trust, a bank she founded in 2008, regional president of Bremer Financial, and corporate district manager for U.S. Bank. 

Kelly serves on the Clearfield, Inc. corporate board of directors (NASDAQ: CLFD) and on its Audit and Nominating & Governance committees. Active in the community, Kelly also serves on the board of ServeMinnesota, where she was previously board chair and received the 2018 Outstanding Commissioner national award, Ampact, Inc., The Minneapolis Foundation, and the Economic Club of Minnesota. In addition, Kelly is a member of the Minnesota Chapter of Women Corporate Directors, National Associate of Corporate Directors, Minnesota Women’s Economic Roundtable, Women Business Leaders of the U.S. Health Care Industry Foundation, and a Senior Advisory Board Member of University of Minnesota, Carlson School of Management’s Carlson Women Global Connect. Kelly was previously a member of the board of directors and the chair of the Audit Committee of the Federal Reserve Bank of Minneapolis, the Minnesota Orchestra Association, the Children’s Theatre Company, the Science Museum of Minnesota, and Chapter One of Minnesota Women’s Presidents Organization.

In recognition of her professional and community accomplishments, Kelly’s professional awards have included: AmeriCorps Outstanding Commissioner National Award; Twin Cities Business Hall of Fame Award, Notable Nonprofit Board Member and Women’s Leadership Award; National Association of Women Business Owners (NAWBO) Innovation in Finance and Women of Achievement; Minneapolis St. Paul Business Journal Women in Business Industry Leader; Finance & Commerce Circle of Excellence and Top Women in Finance.  Kelly delivered St. Catherine University’s commencement address and was a featured speaker at St. Thomas University’s First Friday Luncheon along with a variety of industry and educational venues. 

Kelly holds a master’s degree in finance from the University of Minnesota Carlson School of Management and a bachelor’s degree in economics and humanities from the St. Catherine University in St. Paul.