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Flaningan Joins Bremer as Corporate Treasurer

St. Paul, Minn.

February 27, 2014 - Bremer Financial Services announces the hire of Dan Flaningan as senior vice president and corporate treasurer. Flaningan brings more than 10 years of financial management experience and will manage the treasury responsibilities for the $8.7 billion dollar company.

Prior to joining Bremer, Flaningan was a senior vice president at Alumina Investment Management and a vice president at the Carlyle Group, where he advised both US and Caribbean domiciled banks regarding treasury related topics such as interest rate risk, investment portfolio construction, liquidity and regulatory reporting. Before becoming a bank treasury consultant, Flaningan managed investments and treasury for Peoples Bancorp in Marietta, Ohio and was the manager of investments and investor relations for First Place Financial Corp., in Warren, Ohio.

“With more than 10 years of financial management experience at various financial services institutions, Dan brings a wealth of treasury and portfolio management knowledge to Bremer,” said Mitch Bleske, Chief Financial Officer for Bremer Financial Services. “We look forward to having him join our organization as this role will be critical for Bremer as we continue to grow.”

Flaningan has a bachelor’s degree in chemistry from Case Western Reserve University in Cleveland, Ohio, and a master’s in business administration degree from Youngstown State University in Youngstown, Ohio.

Bremer Financial Corporation

Bremer Financial Corporation is a privately held, $11 billion regional financial services company jointly owned by the Otto Bremer Trust and Bremer employees. Founded in 1943 by Otto Bremer, the company is headquartered in St. Paul, Minnesota and provides a comprehensive range of banking, wealth managementinvestment, trust and insurance products and services throughout Minnesota, North Dakota and Wisconsin. Clients include individuals and families, mid-sized corporations, small businesses, agribusinesses, nonprofits, and public and government entities.

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