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Holly Schmidt Joins Merchants Bank as a Commercial Banker in Cottage Grove

News | 01.07.2026
We’re proud to announce that Holly Schmidt has joined our team as a Commercial Banker in Cottage Grove, MN.

“Merchants’ community commitment is something that really stood out to me,” said Holly. “I’m excited to join a team that gives back and supports local efforts in the Cottage Grove area.” 

About Holly:
  • Has worked in banking, holding various leadership roles, since 1997
  • Was previously a Commercial Banker at Frandsen Bank & Trust
  • Is officed out of the Cottage Grove branch and will serve business clients in the surrounding areas
Holly is a native to the metro area. She is a Board Member for the Cottage Grove Area Chamber of Commerce and the Cottage Grove Foundation and an active member of the Minnesota Chamber of Commerce, Dakota County Regional Chamber of Commerce and Woodbury Area Chamber of Commerce. She also volunteers on various committees for her local chamber. In her free time, she enjoys traveling and watching her sons play hockey.

Additional Resources: Business Loans

Loans are subject to credit approval.

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