Bremer Bank to layoff 244 people in Minnesota
Bremmer Bank Logo
DULUTH, Min. & LAKE ELMO, Min. – Bremer Bank has filed paperwork with the state of Minnesota saying they plan to lay off 244 employees.
All of those employees are at the Bremer Service Center in Lake Elmo.
The filing says the layoffs are “a result of the acquisition of Bremer with Old National Bank”.
The layoffs are expected to happen between October 24, 2025, and November 14, 2025.
FOX21 has asked Old National Bank if they expect more layoffs in Minnesota.
They responded by saying, “more than 900 former Bremer Bank team members continue with the combined organization.”
Their whole statement read, “From the beginning of the Old National Bank and Bremer Bank partnership, our combined leadership team has worked diligently to evaluate roles in an effort to create the best possible organizational structure for our clients and communities. As with most bank partnerships, some unavoidable duplication of roles and responsibilities has been identified. We are pleased to share that more than 900 former Bremer Bank team members will be continuing with the combined organization.
Throughout this evaluation process, we have focused on treating every team member with respect, transparency, and care. We also continue to work with individuals whose current job is being impacted to potentially identify other opportunities within the company.
Ultimately, Old National is committed to supporting all team members whose job is affected by this transition, including providing competitive severance packages and benefits, and outplacement services to help identify new employment opportunities.”
Positions affected in this layoff/closure are, but are not limited to:
Accountant, Accounts Payable Analyst, ACH Wire Transfer Specialist, ACH Service Specialist, AML Analyst, Assest Configuration Sr Analyst, Auditor Manager, Auditor Project Manager, Bank Secrecy Act Officer, Benefits Administrator, BSA Associate, Business Accountability SR, Business Analyst, Card & Dispute Specialist, Chief Audit Executive, Chief Compliance Reg & Gov Officer, Chief Info Security Officer, Collateral Analyst, Collateral Operations Specialist, Common Loan Collateral Perf Spec, Commercial Loan Doc Spec, Commercial Review, Continuous Improvement Analyst, Corporate Counsel, Corporate Governance Analyst, Credit Analyst, Credit Coordinator, Customer Support, Cyber Security Analyst, Cyber Security Defense, DEI Leader, Deposit & Branch Supp Spec, Electronic Services Analyst, Enterprise Content Specialist, Exception Services Lead, Exception Services Specialist, Facilities Project Manager, Financial Analyst, Fraud Investigations Team Lead, Fraud Investigator, HR Business Partner, HR Administrator, IAM Engineer, Infor Security Risk Analyst, IT Change Management, Loan Servicing Manager, Loan Servicing Operations Manager, Loan Servicing Program Specialist, Mortgage Loan Closer, Network Engineer, Operations Director Bank, Operations Quality Control Manager, Org Effectiveness and Training Manager, Payment Services Manager, Payroll Administrator, Procurement Analyst, and Reconciliation Supervisor.
