EVANSVILLE, Ind. – Old National Bancorp announced the closing of its previously-announced merger with St. Paul, Minnesota-based Bremer Financial Corp, the bank holding company for Bremer Bank, as of May 1.

After closing of the merger, Old National will be among the top 25 banking companies headquartered in the U.S. Bremer Bank will operate as a division of Old National Bank prior to the facilities and systems conversion, which is anticipated to occur in mid-October 2025.

The combined organization will operate under the Old National Bancorp and Old National Bank names. Clients will continue to be served through their respective Old National or Bremer branches, websites, mobile apps, financial advisors and relationship managers until the systems conversion is complete. For convenience, clients can continue to use the full ATM network of both banks for cash withdrawals at no charge.

In recognition of Old National’s commitment to Minot and other communities served by Bremer Bank, Old National will increase its previous five-year Community Growth Plan commitments of $9.5 billion to $11.1 billion. This adds about $1.6 billion in lending, investments and philanthropy commitments in Minnesota, North Dakota and Wisconsin.