Bremer Bank
Founded1856
HeadquartersBremen
ParentDresdner Bank

The Bank of Bremen (German: Bremer Bank) was a German bank, founded in 1856 initially with the privilege to issue banknotes, which it lost in 1889. In 1895, it was acquired by Dresdner Bank but the brand name survived until 2010. It had branches in Bremen's districts Mitte (city center next to Bremen Cathedral), Neustadt, Utbremen, and Vegesack.

History

Portrait of the company founder Hermann Henrich Meier in the bank building's lobby

The Bank of Bremen was founded in 1856 by tradesmen and ship-owners and with a significant contribution of Hermann Henrich Meier (founder of Norddeutscher Lloyd). Its forerunner was the Bremer Discontokasse, founded in 1817. Together with the Frankfurter Bank (est. 1854), it was viewed as more independent than most other note-issuing banks in Germany, which were generally under direct government control even when they were not government-owned.[1]: 192 

In 1895 negotiations for a merger with Eugen Gutmann from Dresdner Bank were also led by Hermann Henrich Meier. The merger was a profitable business for the Bremer tradesmen; the name Bremer Bank was still used in Bremen. The branches in Bremerhaven were later relabeled as Dresdner Bank.

From 1902 until 1904 a new bank building was built according to plans by architects Albert Dunkel and Dietrich Tölken in the Neo-Renaissance style in Domshof (Cathedral Court). Until 1902 St.Petri-Orphanage was located in that spot. In 1979 that was significantly expanded by a north-east extension according to plans by Dietrich and Herrmann. A building located next to the old bank building was enclosed by the extension, only a white front in the style of classicism remained. The old bank building was mostly preserved especially the entrance area towards Domshof. From 1980 until 1990 the building was also home of Bremen Exchange.

Following the 2010 acquisition of Dresdner Bank by Commerzbank, the Bremer Bank's former base of customers and staff was added to Commerzbank.[2] Since 2010, the brand Bremer Bank has been entirely discontinued. A trademark protection has extended until November 30, 2019. The name Bremer Bank is now solely used for the landmarked building at Domshof,[3] where Commerzbank maintained a branch until mid-2015.

The copper lettering 'Bremer Bank' remained on the gable of the building. Above the entrance used to be green luminous advertising reading 'Bremer Bank' which was replaced according to landmark requirements by a copper sign now reading 'Commerzbank' including the logo also in brown copper. The color of the copper writings through weathering in time will turn into a green basic copper(II)-carbonate color which will match the building's roof.

The old bank building on the corner Domshof / Sandstraße is listed as landmark since 1994. The entrances in other parts of the building ensemble are designed as official access to offices and other institutions. For example, the Bremer branch of Barmer GEK is located behind the white, classical front. In 2016 a branch of manufactum was opened in the counter hall. Today, "Markthalle Acht" (Market hall 8) is located in the atrium of the building ensemble which was roofed, because of the address Domshof 8.

See also

References

  1. ↑ Charles Arthur Conant (1915). A History of Modern Banks of Issue. New York & London: G.P. Putnam's Sons.
  2. ↑ "Bremer Bank wird Commerzbank". Weser Kurier. 24 March 2010. Retrieved 1 May 2018.
  3. ↑ "Bremer Bank". Freie Hansestadt Bremen. Retrieved 1 May 2018.
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