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Old National Completes Closing of Bremer Bank Partnership

Core Viewpoint - Old National Bancorp has successfully completed its merger with Bremer Financial Corporation, enhancing its position among the top banking companies in the U.S. [1][2] Company Overview - Following the merger, Old National will have approximately $70 billion in assets and $37 billion in assets under management, ranking it among the top 25 banking companies headquartered in the U.S. [2][8] - The combined organization will operate under the Old National Bancorp and Old National Bank names, with Bremer Bank functioning as a division of Old National Bank until the systems conversion in mid-October 2025 [3][4]. Community Commitment - Old National has increased its Community Growth Plan commitments from $9.5 billion to $11.1 billion, adding approximately $1.6 billion in lending, investments, and philanthropy in Minnesota, North Dakota, and Wisconsin [5]. Board of Directors - Daniel Reardon will join the Old National Bancorp Board of Directors, bringing extensive experience in executive management, philanthropy, and banking [6][7].