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Bremer`s Lasting Legacy | 4/24/2012
After opening at this time last year, Kevin Strege and his staff of ten are getting comfortable at their south Bismarck location. Bremer Bank is new to Bismarck, but certainly not new to finance.
"The banking industry has change over the years to where it`s made up of a few very large banks and many many small banks. And we`re one of the few that`s still in the middle," said President Kevin Strege.
The company bought and renovated the former restaurant space on south Washington street.
"I`ve been through enough of those as a banker that you know the point is going to come where you and the contractor stand and shake your head and say, `We should`ve just bulldozed it and started over.` But we got through it and we have a building that turned out fantastic."
The bank is majority owned by the Otto Bremer Foundation. Strege says that allows the bank to provide some generous gifts to the community.
"In 2011, that meant $25 million that came back into the 79 communities that have a Bremer Bank."
The bank has already made large contributions to charitable groups, including the Boy Scouts of America and the YMCA.
"It just permeates our culture and the way our employees think, the community contributes, the community involvement, the volunteerism is a huge part of who we are," Strege said.
The bank is able to handle a diverse range of customers, from personal to large business accounts. Bremer also has plans to build on the north end of Bismarck and in Mandan.