vimarsana.com

Latest Breaking News On - Bremer financial corporation - Page 5 : vimarsana.com

Bremer ousts two trustees from corporate board, but both remain in charge of philanthropy

Bremer ousts two trustees from corporate board, but both remain in charge of philanthropy Frederick Melo © Provided by Twin Cities Pioneer Press The downtown St. Paul Bremer Bank branch is seen in an undated courtesy photo, circa September 2020. (Courtesty of Bremer Bank) Shareholders with the Bremer Financial Corporation voted Thursday to oust two members of their parent company, the Otto Bremer Trust, one of the state’s oldest philanthropies, from the corporation’s board of directors. The two members were not replaced. Popular Searches Instead, the size of what had been a nine-member board was limited to no more than seven members and no fewer than five.

Judge allows Bremer Financial to oust two trustees from corporate board

Judge allows Bremer Financial to oust two trustees from corporate board Bank officials have said trustees’ efforts to sell voting shares in the corporation to out-of-state investors would set the bank up for a forced sale and leave a consumer-minded farm lender in the hands of aggressive East Coast investors. The trustees have said a sale could net millions of dollars for the philanthropy, which would benefit the region as a whole. Written By: Frederick Melo / St. Paul Pioneer Press | 12:15 pm, Apr. 29, 2021 × ST. PAUL On the day before a decisive vote that could oust them, two trustees of one of Minnesota’s oldest philanthropies were dealt a legal setback on Wednesday, April 28, in their efforts to remain on the board of the Bremer Financial Corp. The board oversees St. Paul-based Bremer Bank.

Area Nonprofits Get Over $250,000 from Otto Bremer Trust

Area Nonprofits Get Over $250,000 from Otto Bremer Trust
knsiradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from knsiradio.com Daily Mail and Mail on Sunday newspapers.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.