Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Bremer Bank opens new, full-service branch on Lake Street in Minneapolis

 

August 23, 2022



Minneapolis, MN – Bremer Bank today announced the opening of its new, full-service branch on Lake Street in Minneapolis. Located at 2130 East Lake Street, this location will employ six team members and will span approximately 3,000 square feet. Click here to download photos of the new Lake Street location.

“We are pleased to open a new branch in this resilient and vibrant neighborhood,” said Jeanne Crain, president and CEO of Bremer Bank. “Over the past year, we have taken the time to thoughtfully consider our accessibility and visibility throughout the Twin Cities, and that brought us to East Lake Street. Bremer looks forward to being a committed and trustworthy partner to the residents and businesses in this area through our work as a relationship and solution-oriented financial institution.”

In June of 2020, Bremer took an inward look to develop the first iteration of its racial equity action plan, which expanded, accelerated and more deeply invested in equity work that the bank had begun years earlier. Among other commitments, the plan included a promise to listen to and learn from local community leaders and establish a greater presence in historically underserved areas, starting with a particular focus in the Twin Cities.

In 2021, Stephen Spears was hired onto Bremer’s senior leadership team to lead the bank’s efforts to establish a greater presence to serve the Black, Indigenous, Latino, Asian, and other businesses and communities of color. Spears’ team has spent the last several months working closely with community leaders to ensure Bremer is bringing in staff with the right kind of expertise for this community, serving them in the best way possible.

“The neighborhood around our new location on East Lake Street is full of opportunity,” Spears said. “With this branch now open, we look forward to being present and engaging with this historically underrepresented community, while delivering the products and services that best fit the needs of the businesses and residents we serve.”

The new, modern location features an open floor plan with partner tables instead of traditional teller lines, promoting excellent service and stronger banker-customer relationships. It also includes a community room, available for local organizations to use free of charge both during and outside of bank hours. A ribbon cutting ceremony is expected this fall, with a grand opening community celebration planned for next year.

Bremer has locations throughout Minnesota, western Wisconsin and North Dakota. For more information about Bremer Bank, visit bremer.com. Click here to learn more about Bremer’s commitment to diversity, equity and inclusion.

About Bremer Financial Corporation

Bremer Financial Corporation is a privately held, $16 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 Saint Paul, Minnesota, and provides a comprehensive range of banking, mortgage, investment, wealth management, and insurance products and services throughout Minnesota, North Dakota and Wisconsin. Clients include small businesses, mid-sized corporations, agribusinesses, nonprofits, public and government entities, and individuals and families.

 

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