Hours
Lobby Hours
Monday | 9:00 a.m. - 4:00 p.m. |
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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 26
- Closed for Memorial Day
- July 4
- Closed for Independence Day
- September 1
- Closed for Labor Day
- November 27
- Closed for Thanksgiving
- December 24
- Closed at Noon for Christmas Eve
- December 25
- Closed for Christmas
- January 1, 2026
- Closed for New Year's Day
Services
- Notary
- Walk Up ATM
- Lobby Open Saturday
- Safe Deposit Box
About Our Lanesboro Branch
Our Lanesboro branch services the Root River Valley and is located in the heart of the Lanesboro business district and downtown. Our local team offers a full-service banking experience, including meeting your daily banking needs of deposits, withdrawals and general money management; opening new accounts; applying for personal, mortgage or business lending needs; and connecting you with our Wealth Management experts.
Find Lanesboro lenders:
The Lanesboro branch is guided by our South Region/Rural Market Area Community Advisory Board, which is made up of local community members and business professionals.
Being a community leader is an important part of our mission. 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.

President: Kenneth Graner
Our History
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.