Investor Relations
Welcome to Merchants
Merchants Financial Group, Inc. is the holding company for Merchants Bank, NA. Founded in 1875 and headquartered in Winona, MN, Merchants is a full-service community bank with:
- Total assets of more than $2.82 billion, making us one of the largest independent financial organizations in our region.
- 20+ locations in Minnesota and Wisconsin and an equipment finance division.
- A strong retail mortgage and correspondent mortgage banking network partnering with more than 100 correspondent bank locations throughout ND, SD, MN, IA and WI, servicing more than $2.65 billion in mortgage loans.
- Local ownership by our employees through our Employee Stock Ownership Plan and approximately 760 individuals and families mostly from communities we serve.
- A history of strong regulatory capital and consistent dividend payments.
If you have questions or would like more information about Merchants Financial Group, please contact us by calling (507) 457-1135 or sending us an email.
Financial & Shareholders Resources
Richard Lommen, Jr.
Chair of the Board
President & Owner, Courtesy Corporation
Ann Merchlewitz
Vice Chair of the Board
Senior Vice President & General Counsel, St. Mary's University of Minnesota
Scott Biesanz
Chairman of the Board, Goodson Tools & Supplies for Engine Building
Michael Cichanowski
Chief Executive Officer, Wenonah Canoe, Inc.
Greg Evans
President & Chief Executive Officer, Merchants Financial Group, Inc. and Merchants Bank, NA
John Killen
Senior Vice President. Hardgoods & President, WinCraft a Fanatics brand
Brad Peterson
Chairman, Mississippi Welders Supply Co., Inc.
Bruce Ryan
President, Ryan Windows & Siding, Inc.
James Trenda, CPA
President, CP Advisors, LLC
Richard Lommen, Jr.
Chair of the Board
President & Owner, Courtesy Corporation
Ann Merchlewitz
Vice Chair of the Board
Senior Vice President & General Counsel, St. Mary's University of Minnesota
Michael Cichanowski
Chief Executive Officer, Wenonah Canoe, Inc.
Greg Evans
President & Chief Executive Officer
Richard Falck
Owner, Falck Financial Services & President, RJF, Inc.
John Killen
Senior Vice President. Hardgoods & President, WinCraft a Fanatics brand
Timothy Murphy
Partner, Murphy Law Office, PLLP
Brad Peterson
Chairman, Mississippi Welders Supply Co., Inc.
Bruce Ryan
President, Ryan Windows & Siding, Inc.
Jennifer Sawyer
Founder & Partner, Rebound Partners & CEO/President, boardBOS
James Trenda, CPA
President, CP Advisors, LLC
John Althoff
Retired Owner, Althoff Hardware Mayor of Cannon Falls
Leslie Anderson
Farmer & Real Estate Broker, Anderson Realty, LLC
Richard Peterson
Owner, Peterson Turkey Hatchery, Inc.
Mark Poss
Chief Executive Officer, Red Wing Publishing
Gary Schmidgall
Estimator Extraordinaire, Oldcastle Infrastructure
Brenda Stelter
Owner, Anchor Promotions, Apparel & Signage
John Beatty
Attorney, Dunlap & Seeger, PA
Aaron Benike
President, Benike Construction
Joselyn Raymundo
Founder/CEO, Rochester Home Infusion (RHI)
James Rogers, III
Chief Business Development Officer, Mayo Clinic
Bruce Ryan
President, Ryan Windows & Siding, Inc.
John Diersen
Owner & Farmer, Minnigan Hills Farm
Timothy Murphy
Partner, Murphy Law Office, PLLP
Joel Nelson
Owner, Lanesboro Sales Commission & Decorah Sales Commission
Curtis Roverud
Retired President, Roverud Construction, Inc.
Dean Ashbacher
President & Chief Executive Officer, Truss Specialists, Inc.
Michael Cunningham
Partner, La Crescent Property Ventures, LLC & Former CEO/Owner, The Board Store Furniture & Home Improvements
Robert Heth, Jr.
Retired President, Heth Hardware, Inc. & Managing Partner, JRLLC Properties
Stephen Loehr
Vice President of Operations Support, Kwik Trip, Inc.
Richard Lommen, Jr.
President & Owner, Courtesy Corporation
Cheryl Buck
Director-Business Development Professional Risk Managers' International Association
Matt Christensen
Commercial Risk Advisor/Sales Manager, WA Group
Richard Falck
Owner, Falck Financial Services & President, RJF, Inc.
Chris Kennelly
President, Northfield Construction Company, Bluewater Properties, G&H Management
Jennifer Sawyer
Founder & Partner, Rebound Partners & CEO/President, boardBOS
James Emond, Sr.
Realtor & Broker, RE/MAX Advantage Plus
Peggy Johnson
Community Relations Director, Dakota Electric Association
James Trenda, CPA
President, CP Advisors, LLC
Richard Welshons
President, DCA Title