Merchants Bank
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Merchants Bank is comprised of community banks that collectively provide financial services leadership to communities, individuals and businesses throughout southeastern Minnesota and west-central Wisconsin.

Merchants Bank is based in Winona and includes bank locations in Winona; St. Charles; Rochester; Caledonia; Spring Grove; La Crescent; Rushford; Lanesboro; Cannon Falls; Red Wing; Onalaska, Wis.; Eau Claire, Wis.; and the southern Twin Cities metropolitan suburbs of Hampton, Apple Valley, Cottage Grove, Hastings, Lakeville and Rosemount. Merchants Capital Resources, a leasing subsidiary is also a part of the Merchants family. The “flagship” Merchants Bank in Winona was founded in 1875.


Merchants Financial Group, Inc. 2014 Annual Report

Click here for the most recent copy of our shareholder communication. (Q3 2015)


You can also view our 2013 Annual Report here.

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Please be aware that the information included in this section may be dated. Please make sure to contact Merchants Financial Group. Inc., for current information before making any financial decision.