Recent media coverage has raised concerns about the safety and soundness of banks in general, and in particular, our clients want to know if their deposits at Bremer are safe.
Bremer clients can take comfort in the knowledge that Bremer is well capitalized, has adequate reserves and is profitable. In 2007 alone, Bremer made $68.1 million. Thus far in 2008, Bremer is profitable and operating ahead of our financial plan for the year.
In addition to our bank being financially sound, Bremer is an FDIC insured institution. And because Bremer is made up of nine community bank charters – deposits held in each charter qualify separately for FDIC protection. For additional information regarding FDIC insurance, go to the FDIC website or call 1-877-ASK-FDIC.
Bremer Bank employees care deeply about our clients and the communities in which we serve. Please do not hesitate to contact your local Bremer Bank if you have questions or would like assistance in understanding more about Bremer and how your funds can be protected.