Third Quarter 2010In this Issue:
How Nonprofits Can Obtain Financing in a Difficult Economy
by Ron Zweber, Senior Vice President in Nonprofit Banking, Bremer Bank Twin Cities
Obtaining financing in today’s economic environment may be more challenging for individuals and businesses alike. Financial hurdles, new regulations and additional documentation have made the process more difficult for some. Nonprofits, like for-profits, may need to access lending resources to further their missions. What can nonprofits do to best position themselves to obtain financing? More Selecting a Banking Relationship
by Kathy Grochow, St. Cloud
Nonprofits and banks have many similarities. You’re probably thinking, "yeah, right." But truthfully, besides intended use of surplus revenues, (businesses and banks call them "profits" and distribute them to stakeholders; nonprofits use them toward mission-related programs), there are many similarities. More FAQ: What are the Characteristics of Financially Healthy Nonprofits?
by Maltee McMahon, Wisconsin
Seven characteristics of financially healthy nonprofits according to All the Way to the Bank by Larson Allen. More
Resource Center
Nonprofit Assistance Fund (NAF) Otto Bremer Foundation Program Related Investments
Office of the Comptroller of the Currency (OCC) Bauer Financial Bank Ratings
Federal Deposit Insurance Corporation (FDIC)
Federal Reserve System
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Who We Are
Bremer’s Nonprofit Resource Specialists are dedicated to the local nonprofit community, helping organizations and coalitions develop their capacity to serve their clients and communities. Join the conversation on our blog! Follow us on Twitter! The Bremer Story
"When you choose to bank with Bremer, we deliver profits to our owner the Otto Bremer Foundation. The Otto Bremer Foundation then delivers those profits back to your community." Bremer's Nonprofit Banking Business
At Bremer, we’re especially proud to serve nonprofits and foundations because of our unique ownership structure. We provide the valuable tools, special discounts, and meaningful benefits you need to meet your organization’s banking, investment, trust, and insurance needs. Contact Bremer Bank at:
1-800-908-BANK (2265) Contact the Otto Bremer Foundation at:
(651) 227-8036 or
(888) 291-1123
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