Our mission is based on the intent of our founder, Otto Bremer. His vision and long-standing commitment to communities during and after the Great Depression endure today through our investments in the places that are home to Bremer banks.
The Otto Bremer Trust, based in St. Paul, Minnesota, is one of the nation’s largest charitable trusts. Created in 1944 by banker and community leader Otto Bremer, the Trust was established to perpetuate his life’s work of growing his investments in community banks, which over time evolved into OBT’s 92 percent ownership of Bremer Bank and a portfolio of other investments. From modest beginnings, OBT has made over half a billion dollars in grants and program-related investments to nonprofit organizations in Minnesota, North Dakota and western Wisconsin, with assets exceeding $900 million.