Bremer Bank Opens Loan Office in Bismarck
Bismarck, N.D - November 30, 2010 - Bremer Bank officially enters the Bismarck market on November 30, with the opening of a loan production office. The office is located at 3712 Lockport Street, Suite E, Bismarck, N.D., 58503 and the phone number is 701-258-8005. Kevin Strege, recently named Bremer’s Bismarck President, will lead the office.
“We are excited to be on the ground in Bismarck with the opening of our loan production office,” said Strege. “As we wait for our new bank to be constructed in Bismarck, we are glad to have a home right in the community so we can begin talking with clients and help businesses with their financial needs. We look forward to meeting many community members in the coming weeks and months.”
Construction is underway at the site of the new bank in Bismarck at 710 S. Washington St. When completed, the new bank will offer 6,800 square feet and will include multiple drive-up lanes, including a drive-up ATM, as well as safe deposit boxes in the branch. The new bank will employ 15-20 people and offer a full-range of retail, ag and business banking, mortgage, investments and insurance products and services. The branch is expected to be open for business early spring 2011.
Bremer Financial Corporation
Bremer Financial Corporation is a privately-held, $7.6 billion regional financial services company owned by its employees and the Otto Bremer Foundation (OBF). 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 its nearly 100 locations in Minnesota, North Dakota and Wisconsin. OBF uses its share of dividends to distribute charitable grants to Bremer Bank communities. In 2009, more than $25 million in charitable donations were given across the Bremer footprint and employees donated more than 160,000 volunteer hours to their communities. For more information, go to bremer.com.