Bremer Employees Donate More Than 150,000 Volunteer Hours in 2012
St. Paul, Minn. – December 6, 2012 - According to Bremer’s eighth annual internal employee survey, employees donated 162,606 volunteer hours in 2012, up three percent year-over-year. In total, the company’s approximately 1,800 employees logged volunteer hours that were the equivalent of $3.5 million dollars, based on a formula from the Independent Sector, which values an hour of volunteer time at $21.79.
The volunteer contributions to Bremer communities in Minnesota, North Dakota and Wisconsin are in addition to nearly $30 million in direct financial donations that the bank and the Otto Bremer Foundation will make in 2012.
“Volunteerism is and always will be a large part of our culture at Bremer,” said Pat Donovan, president and chief executive officer for Bremer Financial Corporation. “I’m continually amazed at the willingness of our employees to roll-up their sleeves and volunteer in their communities. Some employees donate more than 1,000 hours per year, which is simply amazing!”
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 150,000 volunteer hours to their communities. For more information, go to bremer.com.