Cole Greden Promoted to Commercial Banker at Merchants Bank

News | 10.24.2022
Cole Greden has been promoted to Ag/Commercial Banker at Merchants Bank, according to Erick Maki, Regional President for Merchants’ South Region.
“As we continue to focus on serving the financial needs of the St. Charles area, we’re pleased to add Cole to our team of trusted advisors for business customers. His background in farming and credit analysis will be a unique perspective he brings to the table when working with clients,” said Maki.
Greden began his banking career in 2018 as a Credit Analyst with Security State Bank in Lewiston after graduating from Winona State University with a degree in Business Administration. In 2019, he made the move to Merchants to join the Credit Analysis team. He also has a background in farming and the ag industry, growing up working on his family’s 750-cow dairy farm in Altura, MN.
“Being in a role where I’ll be talking to farmers and ag customer every day is ideal for me because that’s what I grew up doing,” said Greden. “With my background, I know firsthand that their stories are bigger than the numbers on the balance sheet and I want to do my part to help them succeed.”
Greden lives in Rollingstone, MN and is looking forward to becoming an active community volunteer in St. Charles. He enjoys hunting, fishing, skiing, golfing, spending time with family and helping maintain his family’s hunting land.
The Merchants Bank Commercial Lending team is comprised of more than 40 local experts, available throughout our regional footprint. In addition to traditional commercial loans, Merchants bankers specialize in ag banking, SBA loans, floor plan financing and equipment lease financing. As a regional banking leader, Merchants can assist businesses of any size with their business financing needs, including Treasury Management and deposit services.
Merchants Bank is a full service community bank with 23 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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