Bremer Bank Review
Written by
Karen Doyle
Edited by
Emily Gadd
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Reviewed
by Experts
Trusted by
Millions of Readers
Looking for a community-oriented bank in Minnesota, North Dakota and Wisconsin? Bremer Bank might be a fit for you.
Bremer Bank, National Association is a full-service community bank with an emphasis on agricultural business banking.
Bremer Bank has 71 branch locations in Minnesota, North Dakota and Wisconsin. For 2025, GOBankingRates has named Bremer Bank the best bank of Minnesota and North Dakota. Read our review to learn why.
Note that Bremer Bank announced on November 25, 2024, that Old National Bank has agreed to purchase Bremer Bank, subject to regulatory approval.
Bremer Bank Checking Accounts
Bremer Bank offers different checking accounts so you can choose the one that suits you. Some earn interest, which is nice, and all of them come with a complimentary insurance evaluation and financial plan, helping you to take charge of your financial life.
Best For
Banking in Minnesota
Banking in North Dakota
Mobile App
Low Monthly Fees
Loan Options
Three Different Checking Accounts
Bremer Bank offers three checking accounts: Bremer Select Banking, Bremer Choice Banking, and Benefit Banking. The best account for you will depend on the balance you typically maintain and other factors.
All Bremer checking accounts require a $100 minimum opening deposit and offer online and mobile banking and a debit card.
Fees
Range from $3-$10, but can be waived.
APY
to
Min Opening
$100
Pros
Interest-bearing accounts are available
Easily qualify to waive monthly fee
Free financial plan and insurance evaluation included
Cons
- You can’t open an account online
Show Pros, Cons and More
Hide Pros, Cons and More
Bremer Bank Savings Accounts
The Regular Savings account at Bremer Bank is a serviceable account for those who don’t need a lot of bells and whistles.
Best For
Banking in Minnesota
Banking in North Dakota
Mobile App
Low Monthly Fees
Loan Options
Min. Balance to Earn APY $50
Bremer Banks has a single savings account called Regular Savings, with some perks for those under 21. The account requires a $50 minimum to open ($0 for under 21) and has a $4 monthly service fee (no fee for under 21). You can waive the service fee with a $300 daily balance. The interest rate on all balances is APY.
Bremer Bank also offers a Health Savings account, which you can open with as little as $100. It pays – APY and is a tax-advantaged account for health care expenses.
Fees
$4 for customers over 21 years old
APY
Min Opening
$50
Pros
- Low minimum balance to avoid service fee
Cons
- Interest rate is low
Show Pros, Cons and More
Hide Pros, Cons and More
Bremer Bank CD Accounts
If you want a decent rate on a relatively small balance, you have a lot of options at Bremer Bank.
Best For
Banking in Minnesota
Banking in North Dakota
Mobile App
Low Monthly Fees
Loan Options
A Wide Variety of Terms to Choose From
Bremer offers CDs for terms ranging from 0-90 days to 60 months. Interest rates vary depending on the term and the minimum balance, and range from to APY.
Fees
No monthly service fee
APY
to
Min Opening
$500
Pros
• A wide variety of terms and balances to choose from
• Minimum opening deposit is just $500
Cons
• Higher interest rates may be available elsewhere
• You cannot open an account online
- Requires good/excellent credit
- No bonus offer
Show Pros, Cons and More
Hide Pros, Cons and More
Bremer Bank Money Market Accounts
The interest rates are good for an account with this type of flexibility, but the balance requirement to get the highest available rate is unrealistic.
Best For
Banking in Minnesota
Banking in North Dakota
Mobile App
Low Monthly Fees
Loan Options
Three Types of Accounts
Bremer Bank offers three money market accounts, the Money Market, the Money Market Premier and the Money Market Reserve. The one you choose will likely depend on your opening deposit. The higher your balance, the higher your interest rate.
The Money Market requires a $1,000 opening deposit and pays – APY depending on your balance.
The Money Market Premier requires a $10,000 opening deposit and pays – APY, depending on your balance, but note that you need to have a balance over $7.5M to qualify for the highest rate.
The Money Market Reserve requires a $100,000 minimum opening balance and pays – APY depending on your balance.
Fees
$10-$25 Monthly Service Fee
APY
to
Min Opening
$1,000
Pros
- Different options for different needs
Cons
- Balance requirements for higher interest rates are very high
Show Pros, Cons and More
Hide Pros, Cons and More
Banking Experience
Mobile App
The Bremer Bank mobile app experience varies depending on what type of device you have. The app has a rating of 4.8 stars on the App Store, but just 3.7 stars on Google Play.
A recent upgrade to the app requires that you sign in each time, rather than saving your credentials, which is a pain point for many users. The security features do not work as designed, and it’s challenging to get into the app. The app lacks financial planning features that allow users to budget and track spending.
Customer Service
Bremer has great in-person customer service, with many reviews noting the personalized service that customers receive.
Comparable Community Bank Options
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
Range from $3-$10, but can be waived.
$0 or $12, with options to waive
$0 to $10
APY
APY
APY
to
N/A
N/A
Min Opening
Min Opening
Min Opening
$100
$0
$50 to $2,500
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$4 for customers over 21 years old
$5 monthly, waivable
$0 to $10
APY
APY
APY
Up to
Min Opening
Min Opening
Min Opening
$50
$0
$0 to $50
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
No monthly service fee
No monthly service fee
APY
APY
APY
to
Up to
Min Opening
Min Opening
Min Opening
$500
$1,000
$1,000
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$10-$25 Monthly Service Fee
No monthly service fee
$10
APY
APY
APY
to
to
Min Opening
Min Opening
Min Opening
$1,000
$25
$0
Bremer Bank vs. Sunrise Banks
Sunrise Banks offers many of the same products and services as Bremer Bank, and interest rates are a bit higher. Sunrise Banks is a proponent of what it calls ‘ethical banking,’ which means they invest in the local community and offer net zero financing for energy efficient projects.
Bremer Bank vs. Merchants Bank
Merchants Bank offers a similar menu of products and services to Bremer Bank, plus a special checking account for military families. Interest rates for checking, savings and CD accounts are slightly higher at Merchants Bank.
Bremer Bank vs. Community Resource Bank
If you’re looking for a community bank where you can have all your accounts in the same place, and you don’t mind having to go to a branch to open those accounts, Bremer Bank is a good choice for you.
Bremer Bank FAQ
- Does Bremer Bank have digital banking?
- Yes. Bremer Bank has online banking, a mobile banking app with remote deposit, and automatic bill payment. Bremer Bank customers can use Zelle to transfer money to friends and family electronically.
- What is Bremer Bank’s mobile deposit limit?
- Bremer Bank customers can deposit a total of $10,000 per day by mobile deposit. Note that this limit applies to all accounts of a depositor. There is also a maximum of $25,000 that can be deposited over a 5-business-day period.
- What is the wire cut off time for Bremer Bank?
- The wire cut off time for an outgoing wire transfer from Bremer Bank is 4:00 p.m. Central Time.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Dec. 10, 2024.
GOBankingRates analyzed the 100 largest banks by total assets, as well as select online banks with over $800 million in assets, to determine the Best Banks of 2025. Data was sourced from June 2024 FDIC reports, along with a selection of leading neobanks. For savings and checking accounts, we chose only one product per category per institution. If an institution did not offer a given product, it was not scored.
For institutions with multiple checking accounts, we selected fee-free options or those with the lowest barrier to entry. If there were multiple fee-free checking accounts, we selected the account with the highest APY or the lower monthly fee. For institutions offering multiple savings accounts, we chose the account with the lowest monthly fee, provided it required a minimum deposit of $20,000 or less. If multiple savings accounts met these criteria, we selected the one with the highest APY.
All APYs were calculated based on the base APY being offered, achievable or both. To be deemed a “winner” in a product category (Checking, Savings, CDs, or Money Market Accounts), an institution needed more than $5 billion in total assets to demonstrate the ability to handle rising interest rates, exposure to commercial real estate and growing liquidity requirements.
To discover the Best Banks by state, GOBankingRates analyzed the top institutions (excluding online banks and neobanks) by state branch locations. To determine rankings, GOBankingRates looked at the following factors: (1) total assets as sourced from the FDIC; (2) checking product minimum deposit; (3) monthly checking fee ratio (percentage of the minimum to avoid fees compared to the monthly fee itself); (4) savings product minimum deposit; (5) savings product APY; (6) Bauer rating (out of 5 stars); (7) products/services offered (auto loans, mortgage loans, credit cards, investment services and insurance); and (8) the average mobile app rating between the Google Play (Android) and Apple stores. All factors were then scored and combined, with the lowest score being the best. Factors (1), (2) and (4) were weighed 0.5 times, factor (5) was weighed 2.5 times and factor (7) was weighed 1.5 times. All products and offerings had to be available as of Nov. 8, 2024, to be considered. Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Dec. 10, 2024.
To qualify as one of the Best Banks in the state, the institution needed at least five branch locations in the respective state, with some exceptions for larger and/or smaller states.
