After absorbing Bremer, Old National will become the third-largest bank in the Twin Cities when ranked by local deposits. Once combined, the new organization will have more than $70 billion in assets.
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Bremer Bank, one of the largest Minnesota banks by deposits, is slated to be acquired by Old National Bank, a publicly-traded bank based in Chicago and Evansville, Ind., for $1.4 billion.
Old National Bancorp and Bremer Financial entered into a definitive merger agreement. As of Sept. 30, 2024, Bremer had $16.2 ...
Old National Bank, co-headquartered in Chicago and southern Indiana, is set to increase its presence in Minnesota and other Midwestern states with the acquisition of Bremer Financial. The deal is ...
Old National Bancorp announced on Monday that it is acquiring and merging with St. Paul's Bremer Financial Corporation, the bank holding company for Bremer Bank, in a deal worth $1.4 billion.
Bremer Financial, long rumored as an acquisition target, finally pulled the trigger on Monday. The St. Paul, Minnesota-based bank agreed to sell to Old National Bancorp for $1.4 billion in cash and ...
We are now writing a new chapter." Old National Bank will acquire Bremer. Old National has dual headquarters in Evansville, Indiana and Chicago, Illinois. The banks' name will change, however ...
community-focused banks,” said Old National Chairman and CEO Jim Ryan. “When you look at what has made Bremer Bank a leading institution since 1943, what you quickly find are the same ...
As 2025 fast approaches, executives are zeroing in on possible targets for their respective businesses in the coming year.