Spitzley, Brown and Rudrud join Bremer Bank in Brainerd and Baxter Brainerd, Minn. - October 23, 2008 - Bremer Financial Services, a regional financial services company jointly-owned by its employees and the Otto Bremer Foundation, announces the hire of Tim Spitzley as a community business banker in Baxter and Heidi Brown and Leslie Rudrud as personal bankers in Brainerd. Spitzley joins Bremer from Midwest Bank in Baxter, where he served as the vice president of commercial lending. He has a bachelor’s degree from St. John’s University in Collegeville, Minn., and has continued his education through the Minnesota Bankers Association. Brown comes to Bremer from Atlas Abstract and Title, where she was a closing agent. She received an accounting degree from Brainerd Technical College. Rudrud previously worked for Integra Telecom in Brainerd and at 21st Century Bank in Blaine, Minn. She has attended Central Lakes College for Business and Marketing. 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. A significant portion of 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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