Meet Our Executive Leadership

Our commitment to community banking starts with our Executive Leadership Team. The Executive Team sets the strategic direction for Merchants Financial Group, Inc. (MFGI) with oversight from the Merchants Financial Group Board of Directors and the Merchants Bank Charter Board of Directors.

At its core, our Executive Team pursues continued company success by focusing on our foundation of building community through banking and our Merchants Bank Mission and Core Values. Our Executive team works with our Regional Presidents, Market Presidents, managers and the entire Merchants team every day to ensure our customers come first.

Greg Evans

President & Chief Executive Officer

Greg is a Winona native and graduate of Winona Senior High School and Valparaiso (Ind.) University. He joined Merchants in 1989 as the first Marketing Department was being created and served as Director of Marketing until 2007, when he became Regional President for the Cannon Falls, Red Wing and Hampton markets. Greg returned to Winona in 2014 as Chief Banking Officer. He became President & CEO of MFGI in February 2017. Greg is currently serving as a member of the Government Relations Councils for the American Bankers Association and Minnesota Bankers Association.

Rick Barry

President, Merchants Bank Equipment Finance

Rick’s extensive experience in the equipment finance industry spans more than 20 years with companies including TCF Equipment Finance, GE Capital Fleet Services and U.S. Bank. He joined Merchants in 2016 and oversees our commercial equipment financing division, Merchants Bank Equipment Finance, which serves business customers with equipment finance needs nationwide.

Beth Ede

Chief Human Resource Officer

Beth has more than 25 years of experience in professional training and Human Resource (HR) management. She was previously the Human Resources Services Advisor at WA Group and has held several senior HR positions. Her background also includes HR consulting, compensation and benefits administration, change management, strategic planning, talent development and recruitment. She joined Merchants in 2019.

Andrew Guzzo

Chief Banking Officer & President-Winona

Andrew brings more than 15 years of sales and sales management experience from US Foods. He joined the banking industry in 2006, most recently as a Community President for NXT Bank. In 2017, he joined Merchants Bank. As Chief Banking Officer, Andrew has direct responsibility for Winona and Goodview markets and also oversees the strategic direction of our Wealth Management (Trust and Investment) division and key centralized business units.

Dan Massett

Regional President, North Region

Dan began his banking career in 1991 as a Commercial Banker and has over 26 years of banking experience. In 2014, he joined Merchants Bank as a Regional President. As Regional President, Dan has direct responsibility for our North Region which includes Apple Valley, Cottage Grove, Cannon Falls, Eau Claire (WI), Hampton, Hastings, Lakeville, two locations in Northfield, Red Wing and Rosemount.

Mark McGrory

Chief Credit Officer

Mark began his banking career in 1981 as a Commercial Lender. He joined the Commercial Lending team at Merchants in 1986, and was promoted to Commercial Banking Department Manager. In 2005, he became Merchants Chief Credit Officer, overseeing the credit quality for the Bank’s loan portfolio.

Sue Savat

Chief Financial Officer

Sue is a Certified Public Accountant and joined Merchants in 1992 as an Internal Auditor/ Electronic Data Processing Auditor. She then returned to work for Merchants in 2000 as Chief Financial Officer for Merchants Bank in Winona. In 2009, she became Chief Financial Officer for Merchants Financial Group.

Stephen Swenson

Chief Information Officer

Stephen has more than 25 years of experience in information technology and operations as both an executive and consultant to the financial services industry. He has helped provide leadership and consulted for U.S. Bank, Wells Fargo, Alerus, Cornerstone Bank and other financial institutions to implement large-scale technology solutions, facilitate change management and improve operational processes. Stephen joined Merchants Bank in 2020.