ST. PAUL, Minn. – Say good-bye to Bremer Bank. The 80-year-old Minnesota fixture has been acquired by Indiana-based Old National Bank. A joint announcement called the deal a merger, but more accurately Bremer is being subsumed. When signage will change was not announced. Approval of the sale from federal regulators is pending. Bremer’s governing board had put the bank on the market for sale. The offer from Old National gives Bremer an 11% share in Old National, which now will have $77 billion in assets. Bremer had $16 billion

Bremer Trust

The Otto Bremer Trust, which owns the bank is a. major philanthropic influence in the region. The Trust will be unaffected  by the Old National deal, the banks’ announcement said. The Trust wards $47 million in local grants annually.

Bremer locations

In LaCrosse Onalaska, Rochester, St. Charles, Stewartville, Winona. Total 34 in Minnesota, 14 in North Dakota, and three in Wisconsin.