Bremer Financial Corporation, the holding company for St. Paul, Minn.-based Bremer Bank, announced November 19 it had filed a lawsuit in Ramsey County District Court to “protect its employees, shareholders and customers, and other local stakeholders from the Otto Bremer Trust’s hostile takeover attempt,” according to a statement. [Continue]
State Nebraska Bank & Trust, Wayne, Neb., opened the doors and cut the ribbon of its new Blue Devil branch at Wayne Elementary School at the end of October. [Continue]
Bridgewater Bank, Bloomington, Minn., launched an equipment finance division to supplement its commercial lending business [Continue]
Ames National Corp., Ames, Iowa, completed the acquisition of Creston-based Iowa State Savings Bank at the end of October. [Continue]
Waukesha State Bank, Waukesha, Wis., held a groundbreaking ceremony to kick off construction of a Menomonee Falls, Wis., office, to open summer 2020. [Continue]
Woodland Bank, Deer River, Minn., is rebranding with its modern philosophy of community banking in mind. [Continue]
West Bank, Des Moines, Iowa, opened branches in Mankato, Owatonna, and St. Cloud, Minn. this summer. [Continue]
Tri-County Financial Group, Mendota, Ill., holding company to First State Bank, agreed to acquire H.F. Gehant Bancorp, Inc., Brooklyn, Ill., the holding company for H.F. Gehant Banking Co. [Continue]
Northwest Bancshares Inc., Warren, Pa., will acquire MutualFirst Financial, Muncie, Ind., the holding company parent of Mutual Bank. [Continue]
The Otto Bremer Trust, which owns 92 percent of Bremer Financial Corp., announced Monday its intention to sell the corporation. The transaction, said Co-CEO and Otto Bremer Trustee Daniel Reardon in a statement, would increase philanthropic reach in surrounding states. [Continue]