Description

Bridgewater Bancshares, Inc. functions as the holding company for Bridgewater Bank, which provides a variety of banking solutions to commercial real estate investors, small business owners, and high net worth individuals throughout the United States. The bank's offerings include a diverse array of deposit products such as savings and money market accounts, demand deposits, time and brokered deposits, as well as both interest-bearing and non-interest-bearing transaction accounts, and certificates of deposit. Furthermore, Bridgewater Bank extends a wide spectrum of lending facilities. These comprise commercial loans for various business entities like sole proprietorships, partnerships, and corporations, intended to finance accounts receivable, inventory, capital assets, or other operational requirements. Additional loan types include Paycheck Protection Program (PPP) loans, financing for construction and land development, mortgages for 1-4 family residences, multi-family property loans, commercial real estate loans (for both owner and non-owner occupied properties), and consumer loans. Customers can also utilize the company's online, mobile, and direct banking platforms. Operations are conducted through seven full-service branches situated across Minnesota, specifically in Bloomington, Greenwood, Minneapolis, St. Louis Park, Orono, and St. Paul. The organization, founded in 2005, maintains its corporate headquarters in Saint Louis Park, Minnesota.