This page contains the latest news and customer communication regarding the transition from First National Bank of Northfield to Merchants Bank. Please reference it should you have questions as we prepare for system transitions in May 2020.
 
We are thrilled to be joining the Northfield community and look forward to welcoming you as a Merchants Bank customer in May. Our team is ready to continue the First National Bank’s tradition of high quality customer service and community involvement. Just like First National Bank, we have a proud history of community support dating back to our founding in 1875. You can learn more about Merchants Bank and the story of our rope symbol below.
 
Click on to learn more:
 

Additional Resources:

Press:
Merchants Financial Group, Inc. Shareholder Letters:
Get to know more about the Merchants Bank team, history and more.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

What Staff and Customers are Saying about the Transition to Merchants

 
Deb Tisot, Loyal Customer of First National Bank and Merchants Bank
 
"As a 15-year customer of Merchants Bank and newer customer of First National, I’m very excited to see Merchants coming to the Northfield community. We’ll continue to get the hometown, personalized service just like at First National. It’s who Merchants is."
 
𝗗𝗶𝗱 𝘆𝗼𝘂 𝗸𝗻𝗼𝘄? Merchants Bank’s local leadership and staffing structure is unique among financial institutions and an intentional investment in our personal approach to customer service. We believe you should be able to continue building a personal relationship with the same bankers you’ve come to know and trust at the First National Bank of Northfield.
 

Northfield Downtown Branch StaffJanet Topp, Teller Administrator/Mainstreeters Coordinator, First National Bank of Northfield

"First National is a small town bank, but our community involvement has always been large. Knowing that Merchants Bank is so similar to First National, especially when it comes to community commitment, has put a lot of us at ease."

Did you know? Merchants Bank employees volunteer more than 15,000 hours annually to the communities we serve and in 2019 we provided monetary support to more than 500 organizations. We believe that when our communities thrive we will too and we’re looking forward to continuing First National’s legacy of leadership in this community.

 

Fred SomersFred Somers, Loyal First National Bank Customer
"I’ve been a First National customer since the 1970s and I know firsthand how kind and caring the staff are…all the way back to Bob and David Shumway. It’s because of their caring and thoughtful approach that I have complete trust in their decision to become part of Merchants Bank."
 
Did you know? Merchants Bank was First National’s first choice when selecting an acquisition partner because of factors beyond the balance sheet. We’re proud to share the same community banking principles found at First National, including a personal approach to banking built on trusted relationships with our customers, a commitment to community leadership and a deep respect for preserving and sharing our 145-year history.
 
 
Time Viere and Greg EvansGreg Evans, President & CEO, Merchants Financial Group, Inc. and Merchants Bank NA
(pictured with Tim Viere, President, First National Bank of Northfield)
 
"Merchants is thrilled to continue First National Bank’s tradition of high-quality customer service by retaining so many key members of the First National team. We are also humbled by the stewardship responsibility that comes with ensuring First National’s legacy with its customers and the community will continue to be nurtured and never forgotten."
 
Did you know? Merchants Bank was First National’s first choice when selecting an acquisition partner because of factors beyond the balance sheet. We’re proud to share the same community banking principles found at First National, including a personal approach to banking built on trusted relationships with our customers, a commitment to community leadership and a deep respect for preserving and sharing our 145-year history.
 

The Story of the Merchants Bank Rope

The Merchants Bank logo possesses a streamlined, forward and rhythmic motion to convey that Merchants Bank is a strong organization with an eye on the future. The three shapes, which together create the letter M, are interlocking and woven together giving the appearance of a rope, which implies strength and flexibility.

The three shapes which compose the M also represent characteristics inherent to Merchants Bank. Each builds off another:

  • Our employees, customers and shareholders
  • The regional, central and local aspects of our organization
  • Quality products, outstanding service and profitability
  • Volunteers, community and relationships

A rope is an amazing tool.

Its strength allows one to lift heavy loads, span great distances and tow precious cargo. Yet a rope is flexible enough to secure valuable packages with a simple knot. This tremendous strength and flexibility is made possible by the thousands of individual strands bound together for one purpose. A rope could teach us a lot about life.