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Lyngaas is new VP at Bremer Bank in DL

Ladd Lyngaas recently joined Bremer Bank in Detroit Lakes as a vice president in business banking.

Lyngaas has more than 20 years of banking experience and will be responsible for helping business clients with all their banking and lending


Lyngaas joins Bremer Bank from Wells Fargo, where he most recently was a market president in Detroit Lakes for the past 10 years.

Prior to that, he was a business banker at Wells Fargo.

He has a bachelor's degree in business administration and finance from Moorhead State University.

Lyngaas is also an active member of the community, serving as the treasurer of the Detroit Lakes Board of Education, a board member of the Detroit Lakes Booster Club and a member of the Detroit Lakes Breakfast Rotary Club.

"Ladd has extensive banking and leadership skills developed over 20 years in Detroit Lakes and we are thrilled that he will be part of our Bremer team," said Ron Mueller, president of Bremer Bank Detroit Lakes.

"He knows the business community very well in Detroit Lakes and we know he will be a valuable asset to our clients."

Bremer Financial Corporation is a privately-held, $8.1 billion regional financial services company, jointly-owned by its employees and the Otto Bremer Foundation.

Founded in 1943 by Otto Bremer, the company is headquartered in St. Paul and provides a comprehensive range of banking, investment, trust and insurance services to locations in Minnesota, North Dakota and Wisconsin.

OBF uses its share of dividends to distribute charitable grants to Bremer bank communities.

In 2011, more than $30 million in charitable donations were given across the Bremer footprint and employees donated more than 100,000 volunteer hours to their communities.