Investor Relations

Notify Us of Travel Plans

Travel plans for Memorial Day? Let us know if you’ll be traveling out of the tri-state area to ensure your Merchants Bank debit or credit cards continue to work. Submit a travel alert in Online & Mobile Banking or call us at (866) 496-0522. Have a safe holiday!

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