Bremer Bank [SEP] inception
Bremer Bank
Bremer Bank is the name of the banks owned by the Bremer Financial Corporation, a bank holding company founded by Otto Bremer in 1943. Bremer Financial Corporation is a privately held, $12 billion regional financial services company jointly owned by the Otto Bremer Trust and Bremer employees. The company is headquartered in St. Paul, Minnesota and provides a comprehensive range of banking, mortgage, investment, wealth management, trust and insurance products and services throughout Minnesota, North Dakota and Wisconsin. Clients include small businesses, mid-
of Norddeutscher Lloyd). Forerunner of the Bremer Bank is the Bremer Discontokasse, founded in 1817. Until the foundation of the German Reich in 1871 the Bremer Bank was a private bank for Bremen. In 1895 negotiations for a merger with Eugen Gutmann from the Dresdner Bank were also led by Hermann Henrich Meier. The merger was a profitable business for the Bremer tradesmen; the name Bremer Bank was still used in Bremen.
After the Commerzbank acquired the Dresdner Bank in 2008 the name Bremer Bank was kept at first. In