Page 38 - October 24, 2024 Bulletin

Days. Activities ranged
BaNK food banks and cleaning
from packing meals at local
up our community's streets
and buildings, to creating
delivering cold-weather gear
HAPPENINGS tie blankets for shelters and
to schools in need. First
Western’s founder, J.H.
‘Jack’ Hoeven Jr., set a strong
Dickinson precedent for community involvement, instilling a spirit of giving
Bravera Holdings Corp., the holding company for Bravera back that remains integral to the bank's
Bank, Bravera Wealth and Bravera Insurance, has agreed to mission over the last 60 years.
acquire VISIONBank, which operates three branches in Fargo.
VISIONBank, with approximately $265 million in assets, is
expected to join Bravera, an institution with $3.2 billion in bank
assets, pending regulatory approval and other customary conditions.
The acquisition is anticipated to be completed in late 2024.

Grand Forks

Alerus Financial Corporation announced they have completed the Tioga
previously announced acquisition of HMN Financial, Inc. and its
wholly owned subsidiary, Home Federal Savings Bank. Under the The Bank of Tioga is proud to announce a donation of $7,500
terms of the transaction, HMN Financial, Inc. merged with and in support of Live Well Tioga, a new community health initiative
into Alerus Financial Corporation, and Home Federal Savings Bank launched in partnership by the Tioga Medical Center and the
merged with and into Alerus Financial, National Association. The Tioga Area Economic Development Corporation. This program is
all-stock transaction is valued at approximately $128.8 million as of designed to provide Tioga residents with essential wellness education
closing. and resources, helping them lead healthier, more fulfilling lives.
Grand Forks

Brian Schumacher has joined Bell Bank as
market president and wealth management
director, and the company has announced
plans to expand its banking footprint into
Grand Forks beginning in early 2025.
Schumacher is a graduate of Concordia College
in Moorhead, and has more than two decades
of experience in the financial sector, most
recently as director of consumer banking and Brian Schumacher
wealth management at Alerus.

Minot
First Western Bank participated
in their 6th Annual Volunteer
Days, October 7–11. The week-long
initiative united employees with
local charities, non-profits, and
community organizations to make a
positive impact in the communities
they serve. Building on the success
of previous years, First Western
employees contributed over 1,000
hours of service during the Volunteer

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