Woodard Joins Bremer Bank as Mortgage Loan Officer Moorhead, Minn. - September 5, 2008 - Bremer Bank, a regional financial services company jointly owned by its employees and the Otto Bremer Foundation, announces the addition of Dave Woodard as a mortgage loan officer in Moorhead. Woodard joins Bremer from Gate City Bank in Moorhead, where he was a mortgage loan officer. He has a degree from Fergus Falls Community College and also attended Moorhead State University. "We look forward to Dave joining our mortgage team at Bremer," said Brian Stousland, senior vice president in residential real estate lending at Bremer Bank. "His background in lending and his knowledge and relationships in this community will be a true asset for Bremer." 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.
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