118 Parkway Avenue North
Lanesboro, MN 55949

(507) 467-2145


Lobby Hours

Lobby Hours
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. - 5:30 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
  • Walk Up ATM
  • Lobby Open Saturday
  • Safe Deposit Box

Local Leadership

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

President: Kenneth Graner

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 sponsor the Lanesboro Walking Tour with the local Chamber of Commerce each year, the historic Commonweal Theatre, the Teacher’s Breakfast at the beginning of each school year and host the annual community picnic. These activities and more make our community a family.

Upcoming Events

Click here to see our company-wide calendar.

Our Mortgage Lender, Nicole Williamson, was an effective communicator. She walked us through every document, explained what we needed to do and then what came next. We never felt overwhelmed.

Kendall Ritter

Lanesboro joined the Merchants Bank family in 2013 as part of an acquisition from Associated Bank, which included the location in Lanesboro and another in Rushford, MN. 

Since Lanesboro’s founding, our bank location has been the only one in town. It was built in 1923 and has been remodeled a number of times.

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