Bremer Bank staff layoffs due to Old National Bank merger

By Pune Media On Sep 9, 2025

Bremer Bank is laying off 244 employees from its service center in Lake Elmo due to the bank’s acquisition by Old National Bank.

The Minnesota Department of Employment and Economic Development (DEED) WARN notice says that the impacted staff will be permanently laid off on Oct. 24 or Nov. 14.

Bremer Bank officially became a division of Old National Bank on May 1, 2025.

RELATED: Bremer Bank bought by Old National

Bremer said that due to the merger, there was “some unavoidable duplication of roles and responsibilities” identified.

Bremer added that Old National is helping all employees impacted by the layoffs, including providing severance packages and benefits, as well as outplacement services to assist people in finding a new job.

Bremer also said that more than 900 Bremer employees will be working under the new combined organization.

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