Cannon Falls

300 West Main Street
Cannon Falls, MN 55009

(507) 263-4281


Lobby Hours

Lobby Hours
Monday 8:30 a.m. - 4:30 p.m.
Tuesday 8:30 a.m. - 4:30 p.m.
Wednesday 8:30 a.m. - 4:30 p.m.
Thursday 8:30 a.m. - 4:30 p.m.
Friday 8:30 a.m. - 4:30 p.m.
Saturday Closed
Sunday Closed

Drive Up Hours

Lobby Hours
Monday 7:00 a.m. - 5:30 p.m.
Tuesday 7:00 a.m. - 5:30 p.m.
Wednesday 7:00 a.m. - 5:30 p.m.
Thursday 7:00 a.m. - 5:30 p.m.
Friday 7:00 a.m. - 5:30 p.m.
Saturday 9:00 a.m. - 12:00 p.m.
Sunday Closed

Observed Holidays

January 1
Closed for New Year's Day
May 27
Closed for Memorial Day
July 4
Closed for Independence Day
September 2
Closed for Labor Day
November 28
Closed for Thanksgiving
December 24
Closed at Noon for Christmas Eve
December 25
Closed for Christmas
January 1, 2025
Closed for New Year's Day


  • Notary
  • Drive Up ATM
  • Safe Deposit Box

Local Leadership

Our Cannon Falls location is guided by our local President and Community Advisory Board, made up of local community members and business professionals. 

President: Jon Dahl

Community Involvement

Being a community leader is who we are. Our team volunteers thousands of hours each year in leadership and education roles in addition to local events.

Our local team is proud to support the community through many volunteer activities, including highway clean up, local school “teach children to save” bank tours, scholarship programs and more.

Upcoming Events

Click here to see our company-wide calendar.

We had lived in our house for 34 years so getting a mortgage loan now was an entirely different process. With our mortgage lender, Shelly Zimmerman, and Merchants, we never felt overwhelmed. She was a great communicator.

Mark and Pam Herzog

My banker, Kim O'Reilly, is absolutely phenomenal. She understands our business and is very supportive. I appreciate the initiative she takes to come up with ways we can grow our business and partner with Merchants.

Eric Gullickson

Gullickson Properties

Shelly Zimmerman, my mortgage lender, was clear and precise about what she needed from me as we went through the loan approval process. Once I provided all the information, everything worked like a well-oiled machine. She did all the heavy lifting!

Andrew Sandstrom

When I decided to purchase my first home, I knew wanted to work with Merchants Bank. They’ve been my financial partner for my entire life and with the relationship we’ve built over the years I knew I would be taken care of.

Taylor Carlson

A key difference with Merchants Bank is the focus on personal relationship. Our banker, Kim O'Reilly, checks in with us throughout to see how things are going, not just when we have a banking need.

Leon Endres

Mortgage Lender, Shelly Zimmerman came highly recommended, having assisted our sellers on their loan several years ago. After considering using an online mortgage company, we are very happy to have chosen to work with someone local.

Audrey Grundewald

I can’t sing Shelly’s praises enough. I’m so thankful she was our mortgage lender!

Denae Everson

Our mortgage lender, Shelly Zimmerman, helped with one of the biggest decisions…buying a house! It is not our first house, but we are seeing this as our "forever home", so we wanted the right person to guide us through the process. Shelly was the perfect person for us!

Matthew Schutte

In 2007, Cannon Falls joined the Merchants Bank family as part of the acquisition of the First National Bank in Cannon Falls and Red Wing.

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