ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Nov 24, 2025--
Bridgewater Bank, a leading Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs, is pleased to announce that Jeff Bajek is joining its expanding team as SVP, Senior Credit Officer on December 1, 2025.
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Bajek is an accomplished banking leader with more than 30 years of experience in C&I lending, credit risk management, and SBA loan operations. Most recently, he served as Chief Credit Officer and Shareholder at Platinum Bank, where he led strategic credit and lending initiatives, helped drive efforts that expanded the loan portfolio from $210 million to $610 million in five years, and built and scaled a national SBA lending platform that ranked among the top 10 percent nationwide. His career also includes executive credit leadership roles at Choice Financial, Venture Bank, Peoples Bank of Commerce, and Richfield Bank & Trust.
In his new role, Bajek will partner with commercial banking and credit underwriting teams to support growth across the bank’s C&I verticals, including SBA lending. He will also play a key role in further strengthening Bridgewater’s credit and risk management systems, enhancing credit policies and processes, and ensuring alignment between credit strategy, growth, and disciplined risk oversight.
“Jeff’s deep C&I expertise, strategic insight, and proven leadership will be instrumental in driving growth while bolstering the strong credit culture Bridgewater Bank is known for,” said Katie Morrell, Chief Credit Officer at Bridgewater Bank. “We are thrilled to welcome Jeff to the BWB team.”
About Bridgewater Bank
Bridgewater Bancshares, Inc. (Nasdaq: BWB) is a St. Louis Park, Minnesota-based financial holding company founded in 2005. Its banking subsidiary, Bridgewater Bank, is a premier, full-service bank dedicated to providing responsive support and simple solutions to businesses, entrepreneurs, and successful individuals across the Twin Cities. Bridgewater offers a comprehensive suite of products and services spanning deposits, lending, and treasury management solutions. Bridgewater has received numerous awards for its banking services and esteemed corporate culture. With total assets of $5.4 billion and nine strategically located branches as of September 30, 2025, Bridgewater is one of the largest locally-led banks in Minnesota and is committed to being the finest entrepreneurial bank. For more information, please visit www.bridgewaterbankmn.com. Member FDIC | Equal Housing Lender
Jeff Bajek SVP, Senior Credit Officer
KYIV, Ukraine (AP) — Russian drones blasted apartment buildings and the power grid in the southern Ukraine city of Odesa in an overnight attack that injured six people, including a toddler and two other children, officials said Wednesday.
Russian President Vladimir Putin expressed confidence in his country's eventual victory in the nearly four-year war against its neighbor.
Four apartment buildings were damaged in the Odesa bombardment, according to regional military administration head Oleh Kiper. The DTEK power provider said two of its energy facilities had significant damage. The company said 10 substations that distribute electricity in the region have been damaged in December.
Russia has escalated attacks on urban areas of Ukraine. As its invasion approaches a four-year milestone in February, it has also intensified targeting of energy infrastructure, seeking to deny Ukrainians heat and running water in the bitter winter months.
Between January and November, more than 2,300 Ukrainian civilians were killed and more than 11,000 were injured, the United Nations said earlier in December. That was 26% higher than in the same period in 2024 and 70% higher than in 2023, it said.
There are renewed diplomatic efforts to stop the fighting.
U.S. President Donald Trump hosted Ukrainian President Volodymyr Zelenskyy on Sunday and announced that a settlement is “closer than ever before." The Ukrainian leader is due to hold talks next week with European leaders supporting his efforts to secure acceptable terms.
Despite progress in peace negotiations, which he didn't mention, Putin reaffirmed his belief in Russia’s eventual success in its invasion during his traditional New Year’s address.
He gave special praise to Russian troops deployed in Ukraine, describing them as heroes “fighting for your native land, truth and justice.”
“We believe in you and our victory,” Putin said, as cited by Russian state news agency Tass.
The Russian Defense Ministry said 86 Ukrainian drones were shot down overnight over Russian regions, the Black Sea and the illegally annexed Crimea peninsula.
Russia’s Defense Ministry released a video of a downed drone that it said was one of 91 Ukrainian drones involved in an alleged attack this week on a Putin residence in northwestern Russia, a claim Kyiv has denied as a “lie.”
The nighttime video showed a man in camouflage, a helmet and a Kevlar vest standing near a damaged drone lying in snow. The man, his face covered, talks about the drone. Neither the man nor the Defense Ministry provided any location or date.
The video and claims could not be independently verified, and there was no immediate comment from Ukrainian officials.
Ukrainian officials have denied the allegations of an attack on Putin’s lakeside country residence and called them a ruse to derail progress in peace negotiations.
Maj. Gen. Alexander Romanenkov of the Russian air force claimed that the drones took off from Ukraine’s Sumy and Chernihiv regions. At a briefing where no questions were allowed, he presented a map showing the drone flight routes before they allegedly were downed by Russian air defenses over the Bryansk, Tver, Smolensk and Novgorod regions.
The European Union’s foreign policy chief, Kaja Kallas, called the Russian allegations “a deliberate distraction” from peace talks.
Zelenskyy said Romania and Croatia are the latest countries to join a fund that buys weapons for Ukraine from the United States.
The financial arrangement, known as the Prioritized Ukraine Requirements List, or PURL, pools contributions from NATO members, except the United States, to purchase U.S. weapons, munitions and equipment.
Since it was established in August, 24 countries are now contributing to the fund, according to Zelenskyy. The fund has received $4.3 billion, with almost $1.5 billion coming in December, he said on social media.
Meanwhile, Ukraine’s Security Service carried out a drone strike on a major Russian fuel storage facility in the northwestern Yaroslavl region early Tuesday, according to a Ukrainian security official who was not authorized to speak publicly.
Long-range drones struck the Temp oil depot in the city of Rybinsk, part of Russia’s state fuel reserve system, the official told The Associated Press. Rybinsk is about 800 kilometers (500 miles) from the Ukrainian border.
A previous version of this story was corrected to give the timing of the alleged attack on Putin's residence as late Sunday and early Monday.
Katie Marie Davies in Leicester, England, contributed to this story.
Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine
This image made from undated video provided by the Russian Defense Ministry Press Service on Wednesday, Dec. 31, 2025, shows a downed drone at an undisclosed location that it said was one of the Ukrainian drones involved in an alleged attack on a residence of President Vladimir Putin this week – a claim Kyiv has denied as a "lie". (Russian Defense Ministry Press Service via AP)
This image made from undated video provided by the Russian Defense Ministry Press Service on Wednesday, Dec. 31, 2025, shows a downed drone at an undisclosed location that it said was one of the Ukrainian drones involved in an alleged attack on a residence of President Vladimir Putin this week – a claim Kyiv has denied as a "lie". (Russian Defense Ministry Press Service via AP)
This image made from undated video provided by the Russian Defense Ministry Press Service on Wednesday, Dec. 31, 2025, shows a man in camouflage standing by a downed drone at an undisclosed location that it said was one of the Ukrainian drones involved in an alleged attack on a residence of President Vladimir Putin this week – a claim Kyiv has denied as a "lie". (Russian Defense Ministry Press Service via AP)
In this photo provided by the Ukrainian Emergency Service, emergency services personnel work to extinguish a fire following a Russian attack in Odesa, Ukraine, Wednesday, Dec. 31, 2025. (Ukrainian Emergency Service via AP)
In this image made from video provided by the Russian Defense Ministry Press Service on Tuesday, Dec. 30, 2025, a Russian Army soldier fires from D-30 howitzer towards Ukrainian positions in an undisclosed location in Ukraine. (Russian Defense Ministry Press Service via AP)
