Otto Bremer Trust

Rural Voice Town Halls Moderated By MPR's Kerri Miller Return for Four Town Halls in Rural MN & WI

Retrieved on:

Thursday, August 24, 2023

One Degree Initiative Foundation, Central Minnesota, Hutchinson, Minnesota Public Radio, Human voice, Otto Bremer Trust, Social isolation, Hearing, Lifting, Mental health, Communications satellite

OWATONNA, Minn., Aug. 24, 2023 /PRNewswire/ -- The Rural Voice series, developed by several Minnesota Initiative Foundations that serve Greater Minnesota along with the Otto Bremer Trust and Compeer Financial, will take place in September and October with four town halls moderated by Minnesota Public Radio's Kerri Miller.

Key Points:

Additional partners to this year's Rural Voice series include Minnesota Public Radio, Cherry Road Media, and the Center for Rural Policy and Development.
The events, which will be held in unique venues in New Ulm, Two Harbors, Little Falls, and River Falls, WI, are free to attend.
The Otto Bremer Trust, St. Paul, and Compeer Financial, Mankato, are presenting sponsors of this year's Rural Voice series.
For more information on the Rural Voice series or to register for the in-person events or live-streaming of the event go to ruralvoice.org

DaVita Announces Wendy Schoppert to Join its Board of Directors

Retrieved on:

Thursday, July 13, 2023

Asset management, International, Private Asset Management, Otto Bremer Trust, U.S. Bank Center (Milwaukee), Head, Audit committee, Marketing, America West Airlines, American Airlines, Patient, DaVita Inc., IA Financial Group, The ODP Corporation, Digital, Corporate development, Management, Northwest Airlines

DENVER, July 13, 2023 /PRNewswire/ -- DaVita Inc. today announced that its Board of Directors appointed a new independent director, Wendy Schoppert, to join the Board, effective as of July 14, 2023.

Key Points:

DENVER, July 13, 2023 /PRNewswire/ -- DaVita Inc. today announced that its Board of Directors appointed a new independent director, Wendy Schoppert, to join the Board, effective as of July 14, 2023.
"We're pleased to welcome Wendy to DaVita's board," said Pam Arway, independent chair of the DaVita Inc. Board of Directors.
With the addition of Ms. Schoppert, the DaVita Board is comprised of ten highly qualified directors, with 10% racial/ethnic and 40% gender diversity.
To learn more about DaVita and its Board of Directors, visit DaVita.com/About .

Mayo Clinic, Hibiscus BioVentures and Innoforce Announce Mayflower Cell and Gene Therapy Accelerator

Retrieved on:

Wednesday, August 31, 2022

ROCHESTER, Minn. and ROCKVILLE, Md., Aug. 31, 2022 /PRNewswire/ -- Mayo Clinic, Hibiscus BioVentures (Hibiscus) and Innoforce announce the launch of Mayflower BioVentures , a cell and gene therapy accelerator dedicated to identifying and forming companies around technologies that address unmet patient needs.

Key Points:

ROCHESTER, Minn. and ROCKVILLE, Md., Aug. 31, 2022 /PRNewswire/ -- Mayo Clinic, Hibiscus BioVentures (Hibiscus) and Innoforce announce the launch of Mayflower BioVentures , a cell and gene therapy accelerator dedicated to identifying and forming companies around technologies that address unmet patient needs.
This academic and industry relationship will establish independent cell and gene therapy companies to advance the development of Mayo Clinic technologies through preclinical and early feasibility studies.
"This collaboration with Mayo Clinic and Hibiscus provides a strong platform for accelerating the development of cell and gene therapies," says Ken Carter, Ph.D., Innoforce's president of U.S. operations.
Mayo Clinic, Hibiscus and Innoforce have a financial interest in the Mayflower collaboration.

Clearfield Reports Record Fiscal Second Quarter 2022 Results

Retrieved on:

Thursday, April 28, 2022

Net sales for the fiscal second quarter of 2022 increased 80% to $53.5 million from $29.7 million in the same year-ago quarter.

Key Points:

Net sales for the fiscal second quarter of 2022 increased 80% to $53.5 million from $29.7 million in the same year-ago quarter.
Gross profit for the fiscal second quarter of 2022 increased 79% to $23.2 million (or 43.3% of net sales) from $12.9 million (or 43.6% of net sales) in the fiscal second quarter of 2021.
Operating expenses for the fiscal second quarter of 2022 increased 32% to $11.2 million, from $8.5 million in the same year-ago quarter.
Income from operations for the fiscal second quarter of 2022 increased 168% to $11.9 million from $4.5 million in the same year-ago quarter.

First Independence Bank Hosts Twin Cities Branch Grand Opening, Communitywide Celebration

Retrieved on:

Tuesday, April 26, 2022

MINNEAPOLIS, April 26, 2022 /PRNewswire/ -- A nearly two-year effort, highlighted by unprecedented community support, culminates today in the grand opening of a Twin Cities branch of the Detroit-based First Independence Bank. One of only 17 Black-owned full-service banks in the country, this First Independence location in Minneapolis marks the first national expansion effort for the bank.

Key Points:

MINNEAPOLIS, April 26, 2022 /PRNewswire/ -- A nearly two-year effort, highlighted by unprecedented community support, culminates today in the grand opening of a Twin Cities branch of the Detroit-based First Independence Bank.
SE, is significant as it is the very first Black-owned bank located in the Twin Cities.
This expansion involved the tremendous, collaborative support of five financial institutions with major Twin Cities operations: Bank of America, Bremer Bank,Huntington Bank, U.S. Bank, and Wells Fargo.
First Independence customers will be offered fee-free ATM and debit card use nationwide at any First Independence Bank, Wells Fargo, Huntington, Fifth Third, JP Morgan Chase, U.S. Bank, Bank of America and Bremer Bank location.

Minnesota Nonprofits Launch Minnesota Inclusive Growth Fund

Retrieved on:

Thursday, March 3, 2022

Minnesota small businesses can now apply for low interest financing of up to $200,000 from the Minnesota Inclusive Growth Fund (MIGF).

Key Points:

Minnesota small businesses can now apply for low interest financing of up to $200,000 from the Minnesota Inclusive Growth Fund (MIGF).
The five community lenders that have envisioned the Minnesota Inclusive Growth Fund have shown incredible leadership in support of our BIPOC small business communities.
The Minnesota Inclusive Growth Fund will be a much-needed new source of funding.
The Minnesota Inclusive Growth Fund (MIGF) increases access to flexible and affordable capital and support services for small businesses across the State of Minnesota, with an emphasis on long-term recovery, growth, and businesses in low-to-moderate income or underbanked communities.

Backbase Partners with Blue Federal Credit Union to Revolutionize Members’ Retail and Business Banking Experiences

Retrieved on:

Tuesday, December 14, 2021

Engagement Banking technology provider Backbase announced today that it is partnering with Blue Federal Credit Union (Blue), a leading credit union headquartered in Wyoming and serving communities throughout the Western United States, to reinvent the digital experience for all of Blues retail and business banking members.

Key Points:

Engagement Banking technology provider Backbase announced today that it is partnering with Blue Federal Credit Union (Blue), a leading credit union headquartered in Wyoming and serving communities throughout the Western United States, to reinvent the digital experience for all of Blues retail and business banking members.
The partnership will see Blue adopt Backbases Digital Banking, Digital Sales and Digital Assist solutions for both lines of business.
"Backbase is a game-changer for Blue," adds Kent Richard, Chief Information Officer at Blue Federal Credit Union.
Blue Federal Credit Union is a not-for-profit financial institution serving communities across Wyoming and Colorado as well as members worldwide.

Affordable housing model PERIS Hills opens, supports youth aging out of foster care

Retrieved on:

Thursday, November 18, 2021

The first of its kind, PERIS Hill offers an innovative, affordable housing model that includes and supports young people who are aging out of foster care.

Key Points:

The first of its kind, PERIS Hill offers an innovative, affordable housing model that includes and supports young people who are aging out of foster care.
It's a first of its kind model that provides intentional affordable housing and support for youth aging out of foster care.
The PERIS Foundation was designed to develop and manage PERIS Hill, an affordable housing community in Minneapolis for adult renters and youth aging out of foster care.
Created with youth voice and youth experience at the center, PERIS Hill supports young people aging out of foster care as they transition to adulthood.

Numerated Ranks No. 32 on the 2021 Inc. 5000

Retrieved on:

Tuesday, August 17, 2021

Numerated , the fast-growing fintech making business banking easy for financial institutions and their clients, ranks No.

Key Points:

Numerated , the fast-growing fintech making business banking easy for financial institutions and their clients, ranks No.
32 on the Inc. 5000 List Inc. magazines annual ranking of Americas fastest-growing private companies.
Our customers belief in our vision for the future of lending has driven our success, said Dan OMalley, CEO and co-founder of Numerated.
Numerated is a digital lending platform for business banking that dramatically reduces work for financial institutions and their customers by using data.

Hinge Health Names Ryan Russell SVP of Design and User Experience and Hassan Asghar Chief Information Security Officer

Retrieved on:

Tuesday, August 17, 2021

Hinge Health , the worlds most complete Digital Musculoskeletal Clinic, announced today two additions to its executive leadership team: Ryan Russell, senior vice president of design and user experience (UX), and Hassan Asghar, chief information security officer (CISO).

Key Points:

Hinge Health , the worlds most complete Digital Musculoskeletal Clinic, announced today two additions to its executive leadership team: Ryan Russell, senior vice president of design and user experience (UX), and Hassan Asghar, chief information security officer (CISO).
View the full release here: https://www.businesswire.com/news/home/20210817005176/en/
Ryan Russell, SVP of Design and User Experience at Hinge Health (Photo: Business Wire)
Russell joins Hinge Health after nine years as director of user experience (UX) at Amazon, where he led the design of a diverse set of innovative products, including Prime Now, Amazon Key, Hub by Amazon, and Amazon Flex.
I came to Hinge Health to work for a customer-centric, design-focused company with a mission that matters to me.
Before joining Hinge Health, he was senior vice president and chief information security officer at Bremer Bank in Saint Paul, Minnesota.