Change is afoot for the Twin Cities banking landscape, as an era quietly draws to a close. Indiana-based Old National Bank is set to acquire St. Paul’s Bremer Bank later this year, bringing an 80-year chapter of Minnesota banking history to a bittersweet close.

For local business owners, it means one less option for relationship-based banking. But all hope isn’t lost. St. Louis Park-based Bridgewater Bank remains the go-to local financial institution for metro-area entrepreneurs, supporting the region in a way online lenders and distant megabanks simply can’t.

Bridgewater’s local perspective is more important than ever right now. With economic challenges like inflation and shifting trade policies, careful planning and adaptability can help navigate uncertainties. At the state level, there are challenges and opportunities as well, making one thing clear: Twin Cities business leaders need a hometown partner that understands how these trends impact the bottom line here in Minnesota—and help them chart a confident path forward.

Local Bankers Know the Market Better

Bridgewater’s founders leveraged their years of industry experience and grit to launch the bank in 2005. They’ve since brought together a crew of local banking pros who truly get what makes the Minnesota market tick. Living and working in the communities they serve gives them unique insights into the Twin Cities’ economy—an understanding rooted in firsthand experience, not just data points or projections.

“Our understanding of the local market and nuances associated with it allows us to problem solve, make recommendations, and provide creative, effective solutions tailored to our clients’ specific needs,” explains Katie Klug, Managing Director Deposits and Treasury Management.

From working capital facilities to bridge short-term revenue gaps, to long-term SBA loans that enable transformative investments, Bridgewater provides a comprehensive suite of products and services. These tools empower entrepreneurs and business owners to succeed in the Twin Cities’ dynamic market, including commercial real estate opportunities and the increasingly complex affordable housing segment.

Game Recognizes Game

A full lineup of credit and cash management solutions is necessary but not sufficient for a go-to local bank. What truly sets Bridgewater apart from its out-of-state competitors (and even some in-state peers) is its entrepreneurial DNA.

“As entrepreneurs ourselves, we understand what it takes to succeed,” says Klug. “From connecting clients to our robust network of local industry leaders, to providing responsive support and simple solutions, we are dedicated to helping fellow entrepreneurs achieve their goals.”

Bridgewater’s entrepreneurial spirit drives its operations, from its nimble, fast-moving mindset to its adoption of the Entrepreneurial Operating System (EOS), a simple but comprehensive business toolset used by hundreds of thousands of companies—including some Bridgewater clients.

Growth, Without Compromise

As one of Minnesota’s largest locally led banks, Bridgewater combines thoughtful growth with a personal touch, recently expanding with the addition of First Minnetonka City Bank. Its unique position sets it apart from regional competitors—large enough to support businesses of any size across industries, yet nimble enough to develop personal client relationships that go well beyond the balance sheet.
It’s a testament to the value of banking locally—now more than ever.