Merchants Financial Group (MFGI) is the parent company for:

With total assets of more than $1.6 billion, MFGI is among the largest independent financial organizations in our region. 

Local Ownership


We are proud to be locally owned by our employees through our Employee Stock Ownership Plan (ESOP) and approximately 760 individuals and families mostly from communities in southeastern Minnesota and west-central Wisconsin.

Contact Us

If you have questions or would like more information about Merchants Financial Group, please contact us by calling (507) 457-1135 or sending us an email .