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Brian Hokanson Named Market President for Merchants Bank in Cannon Falls

News | 11.17.2025
Brian Hokanson has been named Market President for Merchants Bank in Cannon Falls, according to Dan Massett, Regional President.
 
“We’re excited to welcome Brian back to Merchants to lead our team in Cannon Falls,” said Massett. “Brian has always been a tremendous community banker, and his values and skillset truly align with our culture and the strategic focus here at Merchants.”


Hokanson has over 30 years of banking experience, mainly in agricultural lending and commercial banking roles. He was previously a Senior Vice President & Ag/Commercial Banker at Merchants Bank from 2008-2023.
 
“I am excited to re-join Merchants Bank as part of the Cannon Fall team! Reconnecting with many customers and community members is something I am really looking forward to,” said Hokanson.
 
Hokanson graduated with a bachelor’s degree in Math Education from Minnesota State University-Mankato. He and his family have owned and operated Hokanson Family Farms in rural Cannon Falls, MN since 1967. An active community leader, Hokanson currently serves on the Board of Directors for Al-Corn Clean Fuel. He volunteers with Habitat for Humanity, 4-H, the Goodhue County Fair, and as a youth sports referee and coach. He enjoys spending time with his family, especially his five grandchildren, as well as attending sporting events and the occasional snowmobiling trip.
 
Since 2007, Merchants Bank has been a community partner in Cannon Falls. As a regional banking leader, Merchants offers a full suite of traditional banking and mortgage solutions, wealth management services and can assist businesses and farming operations with their deposit, financing and treasury management needs.
 
Merchants Bank is a full service community bank with bank locations in southeastern Minnesota and west-central Wisconsin and a leasing division, Merchants Bank Equipment Finance, in Edina. Headquartered in Winona, MN, MFGI has more than $2.8 billion in assets. Merchants was founded in 1875.

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