Company Profile
- Bremer Financial Corporation (“the company” or “Bremer”) is a Saint Paul, MN-based privately held BHC (92% owned by the Otto Bremer Trust with the remaining shares owned by employees). Founded in 1943, Bremer Bank, N.A. (“the bank”) offers comprehensive banking, trust, wealth management services including through 71 branches in MN, ND, and WI. The company also offers various insurance products through Bremer Insurance Agencies, which is a subsidiary of the holding company. In terms of growth, Bremer has primarily pursued an organic path, with the most recent acquisition completed in 2015.
- Ranked as 4th in terms of deposit market share in MN, Bremer has long-running ties to the local economy, especially within the Twin Cities region. Starting in 2017, Bremer began to realign the company to focus on its core competencies of commercial and agricultural banking, while emphasizing three strategic priorities: i) industry specialization and customer…