Bremer Bank Once Again Recognized as One of Nation’s Top Ag Lenders
Grand Forks, N.D. – January 15, 2014 - In a recent report from the American Bankers Association, Bremer Bank was listed as the 12th largest ag lender in the country through the third quarter of 2013, based on dollar volume.
Through the third quarter 2013, Bremer made just over $1 billion in ag loans to farm clients in North Dakota, Minnesota and Wisconsin. Farmland and Farm loans make up 16% of Bremer’s overall loan portfolio.
“Working with ag clients in our Bremer communities is and has historically been an important part of our overall business,” said Tammy Peterson, CEO of the Bremer Bank Grand Forks Charter. “In our three-state footprint, we have many ag communities and our bankers pride themselves on establishing deep relationships with our clients. We are humbled to be a top-ranked ag lender and be part of this great list of financial institutions.”
Bremer Financial Corporation
Bremer Financial Corporation is a privately held, $8.2 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 locations in Minnesota, North Dakota and Wisconsin. OBF uses its share of dividends to distribute charitable grants to Bremer Bank communities. In 2013, $38 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.