Investor Relations
Welcome to Merchants
Merchants Financial Group, Inc. is the holding company for Merchants Bank, NA. Founded in 1875 and headquartered in Winona, MN, Merchants is a full-service community bank with:
- Total assets of more than $2.82 billion, making us one of the largest independent financial organizations in our region.
- 20+ locations in Minnesota and Wisconsin and an equipment finance division.
- A strong retail mortgage and correspondent mortgage banking network partnering with more than 100 correspondent bank locations throughout ND, SD, MN, IA and WI, servicing more than $2.65 billion in mortgage loans.
- Local ownership by our employees through our Employee Stock Ownership Plan and approximately 760 individuals and families mostly from communities we serve.
- A history of strong regulatory capital and consistent dividend payments.
If you have questions or would like more information about Merchants Financial Group, please contact us or call (507) 457-1135.
Financial & Shareholders Resources
2021 Annual Shareholder Meeting
Held on Thursday, April 14, 2022
Richard Lommen, Jr.
Chair of the Board
President & Owner, Courtesy Corporation
Ann Merchlewitz
Vice Chair of the Board
Senior Vice President & General Counsel, St. Mary's University of Minnesota
Michael Cichanowski
Chief Executive Officer, Wenonah Canoe, Inc.
Greg Evans
President & Chief Executive Officer, Merchants Financial Group, Inc. and Merchants Bank, NA
Molly Jungbauer, CPA
CEO and Co-OwnerHollstadt Consulting
John Killen
Senior Vice President. Hardgoods & President, WinCraft a Fanatics brand
Brad Peterson
Chairman, Mississippi Welders Supply Co., Inc.
James Rogers III
Chief Business Development Officer, Mayo Clinic
Bruce Ryan
President, Ryan Windows & Siding, Inc.
James Trenda, CPA
President, CP Advisors, LLC
Richard Lommen, Jr.
Chair of the Board
President & Owner, Courtesy Corporation
Ann Merchlewitz
Vice Chair of the Board
Senior Vice President & General Counsel, St. Mary's University of Minnesota
Michael Cichanowski
Chief Executive Officer, Wenonah Canoe, Inc.
Greg Evans
President & Chief Executive Officer, Merchants Financial Group, Inc. and Merchants Bank, NA
Richard Falck
Owner, Falck Financial Services & President, RJF, Inc.
John Killen
Senior Vice President. Hardgoods & President, WinCraft a Fanatics brand
Timothy Murphy
Partner, Murphy Law Office, PLLP
Brad Peterson
Chairman, Mississippi Welders Supply Co., Inc.
Bruce Ryan
President, Ryan Windows & Siding, Inc.
Jennifer Sawyer
Founder & Partner, Rebound Partners & CEO/President, boardBOS
James Trenda, CPA
President, CP Advisors, LLC
John Althoff
Retired Owner, Althoff Hardware Mayor of Cannon Falls
Leslie Anderson
Farmer & Real Estate Broker, Anderson Realty, LLC
Lisa Lundell
Agent, RE/MAX Cannon Realty
Richard Peterson
Owner, Peterson Turkey Hatchery, Inc.
Mark Poss
Chief Executive Officer, Red Wing Publishing
Brenda Stelter
Owner, Anchor Promotions, Apparel & Signage
Cheryl Buck
Director-Business Development Professional Risk Managers' International Association
Matt Christensen
Commercial Risk Advisor/Sales Manager, WA Group
Richard Falck
Owner, Falck Financial Services & President, RJF, Inc.
Chris Kennelly
President, Northfield Construction Company, Bluewater Properties, G&H Management
Jennifer Sawyer
Founder & Partner, Rebound Partners & CEO/President, boardBOS
Peggy Johnson
Community Relations Director, Dakota Electric Association
James Trenda, CPA
President, CP Advisors, LLC
Richard Welshons
President, DCA Title
Dean Ashbacher
President & Chief Executive Officer, Truss Specialists, Inc.
Derek Cortez
CEO, Chileda Institute, Inc.
Stephen Loehr
Vice President of Operations Support, Kwik Trip, Inc.
Richard Lommen, Jr.
President & Owner, Courtesy Corporation
John Beatty
Attorney, Dunlap & Seeger, PA
Aaron Benike
President, Benike Construction
Joselyn Raymundo
Founder/CEO, Rochester Home Infusion (RHI)
James Rogers, III
Chief Business Development Officer, Mayo Clinic
Bruce Ryan
President, Ryan Windows & Siding, Inc.
John Diersen
Owner & Farmer, Minnigan Hills Farm
Creighton Horihan
Owner, Horihan Agency
Timothy Murphy
Partner, Murphy Law Office, PLLP
Joel Nelson
Owner, Lanesboro Sales Commission & Decorah Sales Commission