Since the beginning, Merchants Bank has relied on local leaders to help guide the direction of our company. Today our board leadership structure encompasses several levels, including a holding company Board of Directors for Merchants Financial Group, Inc , a Board of Directors for the Merchants Bank Charter, a Board of Directors for the First National Bank of Northfield Charter and local Community Advisory Boards.

The Merchants Bank Charter Board of Directors is responsible for the fiduciary duty to carry on the business of banking and for providing oversight and strategic direction for our banks, while insuring the safety and soundness of the organization. Without a separate local Community Advisory Board for Winona, Goodview, St. Charles, Eau Claire, and our leasing division, Merchants Bank Equipment Finance , the Charter Board of Directors serves in this capacity as well for those locations.

Merchants Bank Charter Board of Directors