|Monday||9:00 a.m. - 4:00 p.m.|
|Tuesday||9:00 a.m. - 4:00 p.m.|
|Wednesday||9:00 a.m. - 4:00 p.m.|
|Thursday||9:00 a.m. - 4:00 p.m.|
|Friday||9:00 a.m. - 5:00 p.m.|
Drive Up Hours
|Monday||7:30 a.m. - 5:00 p.m.|
|Tuesday||7:30 a.m. - 5:00 p.m.|
|Wednesday||7:30 a.m. - 5:00 p.m.|
|Thursday||7:30 a.m. - 5:00 p.m.|
|Friday||7:30 a.m. - 5:30 p.m.|
|Saturday||8:00 a.m. - 12:00 p.m.|
- January 1
- Closed for New Year's Day
- May 30
- Closed for Memorial Day
- July 4
- Closed for Independence Day
- September 5
- Closed for Labor Day
- November 24
- Closed for Thanksgiving
- December 24
- Open until 12:00 p.m. for Christmas Eve
- December 26
- Closed for Christmas
- Drive Up ATM
- Safe Deposit Box
Click here to see our company-wide calendar.
Caledonia Community Appreciation Picnic
11:00 a.m. - 2:00 p.m.
Merchants Bank - Caledonia
1 Sprague Square, Caledonia, MN 55921
Our Caledonia staff will be serving hamburgers, chips and refreshments.
Merchants acquired Sprague National Bank in Caledonia in 1993. The bank was originally established in 1875 by Ara David Sprague and J.C. Easton, making it one of the oldest financial institutions in Minnesota.
Before acquisition, the bank was owned by the third generation of the Sprague family, and it was important to Merchants to keep the family named preserved in the Caledonia community. In addition to dedicating the “Sprague Room” in the Caledonia Community Center, Merchants also worked with the City to formally name the city block Sprague Square and change the Bank’s Caledonia address to 1 Sprague Square.