Before the end of 2026, 104 exempt and 140 non-exempt employees of Bremer Bank’s service center facilities located at Lake Elmo will be laid off, according to an Aug. 22 Federal Worker Adjustment and Retraining Notification Act (WARN) notice. Most of the terminations will occur on Oct. 24 or Nov. 14 of 2025.

The WARN notice lists employees in 150 different job positions that will be affected by these layoffs. This move comes in the aftermath of the St. Paul-based bank’s integration with Indiana-based Old National Bank, which acquired Bremer on May 1 for $1.4 billion.

“From the beginning of the Old National Bank and Bremer Bank partnership, our combined leadership team has worked diligently to evaluate roles in an effort to create the best possible organizational structure for our clients and communities,” says Bremer spokesperson Scott Reinhard in a statement. “As with most bank partnerships, some unavoidable duplication of roles and responsibilities has been identified.”

Reinhard says that Bremer Bank has retained more than 900 former team members, who will continue working under this new partnership.

As for employees whose jobs were impacted, Reinhard says that Bremer Bank is working with them to potentially identify other roles within the company or supporting them by providing competitive severance packages and benefits, and outplacement services to help identify new employment opportunities.

“Throughout this evaluation process, we have focused on treating every team member with respect, transparency, and care,” Reinhard says.

None of the employees laid off are represented by a union, and there are no bumping rights in consideration.