Bremer Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.00% | Reward Checking | 1.73% - National Average |
| 1.60% | 5-year CD | 2.27% - National Average |
| 0.60% | 1-year CD | 1.37% - National Average |
Bremer Bank is headquartered in Saint Paul and is the largest bank in the state of Minnesota. It is also the 126th largest bank in the nation. It was established in 1932 and as of December of 2018, it had grown to 1,611 employees at 84 locations. Bremer Bank's money market rates are 3X the national average, and it has an A health rating.
Great Service And Knowledgable
This is a great mid-sized bank, that offers all the services you need with great customer service and competitive rates & pricing. I especially like that they are owned by a foundation that gives their profits back to the communities they serve.
Great Bank!
Bremer Bank is an outstanding organization. I have always received great customer service here.
An added bonus is that they are owned by a nonprofit...The Otto Bremer Foundation. Profits are paid up to the foundation who then makes gifts in Bremer communities.
Overall, A Decent Bank
As I moved from college to professional life, I needed a banking institution that had actual brick and mortar branches. Trying to purchase a house with an online only bank is...more difficult than expected. So I reviewed all the banks in my area and found that Bremer Bank best suited my needs. I wanted to stay away from mega institutions like Wells Fargo or U.S. Bank etc. The only downside to my experience with Bremer was at my account opening. The officer that opened my account must have been working in offline mode, as I didn't receive my debit card or checks for two weeks after opening (after I called and inquired as to their whereabouts). However, this officer called me to apologize and sent me a card. Another irritating feature is that pending transactions take quite a bit of time to clear in their system. Apart from that, Bremer has been a reliable bank and is a good choice for any type of customer.
Worst Bank In The World
Had safe deposit box, sent back 2 keys and in writing years ago, told them to close box, but because I didn't sign their FORM they keep sending me bills and today blocked me from opening another bank acct.
RUN AWAY FROM THIS BANK
I have been with Bremer for almost a decade and the longer I continue banking with them, the worse they get. I use the auto pay feature to pay my bills. Lately I've been getting late fees because they bills are not paid on time, even though I have them set to pay at least one day before their due, so I backed the due date even more on Bremer's end.... Jokes on me because my mobile deposit didn't go through (and it's my fault for not checking my email) -- they charged 3 overdraft fees when the checks hadn't even cleared the other end stating I had insufficient funds -- but the checks hadn't even made it to the other end!! So I called to complain about this really shady sort of way to do business, I get told the check does this 10 day thing to the Federal Deposit and blah blah blah (bologna), then get told their online bill pay is actually through some other 3rd party.. So when you read Bremer's disclosure and it casually states in the online personal banking that, "It is our general policy to treat your account information as confidential. However, we will disclose information to third parties about your account or the transactions you make ONLY in the following situations:
1. Where it is necessary for completing transactions...." What they're really doing is giving ALL YOUR ACCOUNT INFO to some unnamed 3rd party. I do not like that. At. All. Neither should you.
The people at the Princeton location are nice, but the bank as a whole has really become a greedy place. All they want is your money and they'll spew out whatever it takes to justify their actions when they take it.
I'm pulling out of this bank ASAP and am making ABSOLUTE CERTAIN that any/all businesses I work with in the future are not affiliated with Bremer.
What A Waste
Just deposited a check in my account so I could pay my credit card bill online, paid the credit card bill when I got home and they charged me $35 for an overdraft fee. Do not use Bremer, there are tons of other better banks out there.
DO NOT BANK HERE!!!
DO NOT bank at Bremer if you can help it. They have TERRIBLE customer service. Just had an emergency money situation with my sister passing away unexpectedly, and they REFUSED to help me by waiving a small fee I incurred because of the situation. I have been nothing but a model customer for them for 10 years and they said there was nothing they could do. UNACCEPTABLE!
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 12923 |
| Year Established | 1932 |
| Employees | 1611 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.24% |
| Return on Equity - YTD | 13.22% |
| Annual Interest Income | $462.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $12.12B$11.92B |
| Loans | Q4 2018vs Q4 2017 | $8.05B$8.04B |
| Deposits | Q4 2018vs Q4 2017 | $10.56B$10.25B |
| Equity Capital | Q4 2018vs Q4 2017 | $1.12B$1.11B |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $108.8MM$108.9MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $60.7MM$64.8MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $1.9MM$1.9MM |
Always verify rates and promotions with the bank or credit union. We are not Bremer Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Bremer Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.03% | - | - | Personal Regular Savings | |
| 0.03% | - | - | Business Regular Savings | |
| 0.03% | $1k | - | Health Savings Account | |
| 0.03% | - | - | Bremer Youth Savings |
Bremer Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.58%* | $10m* | - | Business Money Market Premier | ||
| OTHER TIERS: 0.07% → Up to $10k | 0.21% → $10k - $100k | 0.41% → $100k - $500k | 0.61% → $500k - $750k | 0.81% → $750k - $1m | 1.21% → $1m - $3.5m | 1.32% → $3.5m - $6.5m | 1.52% → $6.5m - $10m | |||||
| 1.51%* | $250k* | - | Money Market Reserve | ||
| OTHER TIERS: 0.16% → Up to $250k | |||||
| 0.61%* | $7.5m* | - | Money Market Premier | ||
| OTHER TIERS: 0.07% → Up to $10k | 0.16% → $10k - $100k | 0.21% → $100k - $250k | 0.24% → $250k - $500k | 0.32% → $500k - $1m | 0.37% → $1m - $2.5m | 0.41% → $2.5m - $5m | 0.48% → $5m - $7.5m | |||||
| 0.09%* | $5k* | - | Money Market Savings | ||
| OTHER TIERS: 0.03% → Up to $1k | 0.07% → $1k - $5k | |||||
| 0.09%* | $5k* | - | Business Money Market Savings | ||
| OTHER TIERS: 0.03% → Up to $1k | 0.07% → $1k - $5k | |||||
Bremer Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | - | $20k | Bremer Choice Plus Banking | ||
| OTHER TIERS: 0.03% → $20k+ | |||||
| 0.05% | - | - | Benefit Banking Plus | ||
Bremer Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.60%* | $25k* | - | Business 60 -120 Month CD | ||
| OTHER TIERS: 1.20% → Up to $10k | 1.45% → $10k - $25k | |||||
| 1.60%* | $25k* | - | 60 - 120 Month CD | ||
| OTHER TIERS: 1.20% → Up to $10k | 1.45% → $10k - $25k | |||||
| 1.30%* | $25k* | - | Business 48 - 59 Month CD | ||
| OTHER TIERS: 0.90% → Up to $10k | 1.15% → $10k - $25k | |||||
| 1.30%* | $25k* | - | 48 - 59 Month CD | ||
| OTHER TIERS: 0.90% → Up to $10k | 1.15% → $10k - $25k | |||||
| 1.15%* | $25k* | - | Business 36 -47 Month CD | ||
| OTHER TIERS: 0.75% → Up to $10k | 1.00% → $10k - $25k | |||||
| 1.15%* | $25k* | - | 36 - 47 Month CD | ||
| OTHER TIERS: 0.75% → Up to $10k | 1.00% → $10k - $25k | |||||
| 0.90%* | $25k* | - | Business 24 - 35 Month CD | ||
| OTHER TIERS: 0.50% → Up to $10k | 0.75% → $10k - $25k | |||||
| 0.90%* | $25k* | - | 24 - 35 Month CD | ||
| OTHER TIERS: 0.50% → Up to $10k | 0.75% → $10k - $25k | |||||
| 0.60%* | $25k* | - | Business 12 -23 Month CD | ||
| OTHER TIERS: 0.20% → Up to $10k | 0.45% → $10k - $25k | |||||
| 0.60%* | $25k* | - | 12 - 23 Month CD | ||
| OTHER TIERS: 0.20% → Up to $10k | 0.45% → $10k - $25k | |||||
| 0.45%* | $25k* | - | Business 6 - 11 Month CD | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.30% → $10k - $25k | |||||
| 0.45%* | $25k* | - | 6 - 11 Month CD | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.30% → $10k - $25k | |||||
| 0.35%* | $25k* | - | Business 3 - 5 Month CD | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.20% → $10k - $25k | |||||
| 0.35%* | $25k* | - | 0 - 90 Day CD | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.20% → $10k - $25k | |||||
| 0.35%* | $25k* | - | 3 - 5 Month CD | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.20% → $10k - $25k | |||||
| 0.35%* | $25k* | - | Business 0 -90 Day CD | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.20% → $10k - $25k | |||||
Bremer Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.60%* | $25k* | - | 60 - 120 Month IRA | ||
| OTHER TIERS: 1.20% → Up to $10k | 1.45% → $10k - $25k | |||||
| 1.30%* | $25k* | - | 48 - 59 Month IRA | ||
| OTHER TIERS: 0.90% → Up to $10k | 1.15% → $10k - $25k | |||||
| 1.15%* | $25k* | - | 36 - 47 Month IRA | ||
| OTHER TIERS: 0.75% → Up to $10k | 1.00% → $10k - $25k | |||||
| 0.90%* | $25k* | - | 24 - 35 Month IRA | ||
| OTHER TIERS: 0.50% → Up to $10k | 0.75% → $10k - $25k | |||||
| 0.60%* | $25k* | - | 12 - 23 Month IRA | ||
| OTHER TIERS: 0.20% → Up to $10k | 0.45% → $10k - $25k | |||||
| 0.45%* | $25k* | - | 6 - 11 Month IRA | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.30% → $10k - $25k | |||||
| 0.35%* | $25k* | - | 0 - 90 Day IRA | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.20% → $10k - $25k | |||||
| 0.35%* | $25k* | - | 3 - 5 Month IRA | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.20% → $10k - $25k | |||||
