Bremer Bank Expands Business Banking in St. Louis Park
St. Louis Park, Minn. - August 28, 2008 - Bremer Bank, a regional financial services company jointly-owned by its employees and the Otto Bremer Foundation, announces the expansion of its business banking platform in the St. Louis Park Commercial Banking Center with the addition of Nate Pearson as a vice president in business banking.
Pearson joins Bremer from Associated Bank where he held positions in business banking as a lender and portfolio manager. He also has experience as a successful business owner.
“Nate will be a tremendous addition to our team in St. Louis Park,” said Chris Bohl, senior vice president in commercial banking for Bremer. “His business banking experience coupled with his personal experience running a small business make him uniquely qualified for our business banking team. We look forward to his knowledge and expertise as we look to take action for our business banking clients.”
Pearson has a bachelor’s degree from the University of Minnesota and is scheduled to complete his master’s degree in business administration from the University of St. Thomas in December 2008. He is also very active in the community as a volunteer for several organizations and activites.
Bremer Financial Corporation
Bremer Financial Corporation is a privately-held, $7.5 billion regional financial services company jointly owned by its employees and the Otto Bremer Foundation. This unique ownership structure is the only one of its kind in the nation. Founded in 1943 by Otto Bremer, the company is headquartered in St. Paul, Minnesota and provides a comprehensive range of banking, investment, trust and insurance services to more than 100 locations in Minnesota, North Dakota and Wisconsin. Company profits are distributed in the form of charitable grants by the Otto Bremer Foundation to communities served by Bremer. In 2007, more than $30 million in charitable donations were given across the Bremer footprint and employees donated more than 92,900 volunteer hours to their communities.