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Bremer Bank Adds Palesh to Business Banking Team

Minneapolis, Minn. – October 15, 2012 - Bremer Bank recently added Joel Palesh to its business banking team in the Twin Cities. Palesh joins Bremer with more than 30 years of banking experience, and will serve as a vice president helping business clients with all their banking and financial services needs.

Palesh joins Bremer from M&I/BMO Harris Bank, where he most recently was a vice president in business banking. Prior to that, Palesh was a senior vice president and Minnesota market president in commercial banking for THE National Bank. He also was an executive vice president at Associated Commercial Finance for nine years providing asset based loans. Palesh worked in commercial and asset based lending for American Bank/Firstar Corporation. Prior to this he worked in asset based lending for FSB Business Finance Corporation/US Bank Business Credit for nine years. He has a bachelor’s degree in business administration from the University of Wisconsin-River Falls.

“Joel has extensive experience across the banking and financial services industry,” said Jeanne Crain, president and CEO of Bremer Bank Twin Cities. “He has worked with countless number of clients during his career and has a real talent for identifying the best strategic capital and borrowing options for businesses. Joel will be a very valuable asset at Bremer Bank.”

Bremer Financial Corporation
Bremer Financial Corporation is a privately held, $8.1 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 80 locations in Minnesota, North Dakota and Wisconsin. OBF uses its share of dividends to distribute charitable grants to Bremer Bank communities. In 2011, more than $30 million in charitable donations were given across the Bremer footprint, and employees donated more than 100,000 volunteer hours to their communities. For more information, go to bremer.com.