Company Update from CEO Greg Evans – March 2022
Merchants Bank Blog
by Merchants Bank
2y ago
Spring is here and with that for me comes the same sense of optimism and hopefulness that I had a year ago. I never imagined that 2021 would play out as a mirror image of 2020 in terms of COVID. Today, while we seem to have taken a positive step forward with the health pandemic ..read more
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The Merchants Bank Blog is Moving!
Merchants Bank Blog
by Merchants Bank
2y ago
The helpful articles you’ve come to expect from Merchants Bank are moving to a new home – on our soon-to-be enhanced website! You’ll find our blog articles in the upper right-hand corner of our new home page: You’ll even be able to select blog articles by topic to find the financial education that matters most ..read more
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Ben Ottum Joins Merchants Bank as Mortgage Lender
Merchants Bank Blog
by Merchants Bank
2y ago
Ben Ottum has joined Merchants Bank as a Mortgage Lender, according to Larry Accola, President for Merchants Bank in Eau Claire. “Having someone with Ben’s experience and knowledge of the local housing market on our team will be a huge benefit to our customers looking to fulfill their home dreams through buying or building,” said ..read more
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Merchants Financial Group, Inc. Announces Earnings of $28,770,000 for 2021
Merchants Bank Blog
by Merchants Bank
2y ago
Merchants Financial Group, Inc. (MFGI) announced year-end earnings for 2021 with net income of $28,770,000, according to MFGI President & CEO Gregory M. Evans. The earnings exceeded MFGI’s plan for the year by more than $8.2 million and is an increase of 33.8% over 2020 earnings. “During another unique year, our team was amazing at ..read more
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Promotion and New Hire Compliment Growth at Merchants Bank Equipment Finance
Merchants Bank Blog
by Merchants Bank
2y ago
Merchants Bank Equipment Finance (MBEF) has expanded its team with the promotion of Jane Ziebarth to Document Transaction Manager/Officer and the addition of Bryon Sharp as VP/Senior Regional Vendor Finance Manager, according to Rick Barry, President. “The promotion of Jane and the key hire in Bryon strategically complement the manner in which we are continually expanding ..read more
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Joselyn Raymundo Named to Merchants Bank Advisory Board
Merchants Bank Blog
by Merchants Bank
2y ago
Joselyn Raymundo has been named to the Merchants Bank Advisory Board for Rochester, according to Dan Nistler, President for Merchants Bank in Rochester. “Our local Advisory Board members play an important role in guiding our branches in Rochester. Joselyn’s insights into the local economy and perspective as a small business owner will be beneficial to ..read more
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Andrew Guzzo Promoted to Chief Banking Officer at Merchants Bank
Merchants Bank Blog
by Merchants Bank
2y ago
Andrew Guzzo has been promoted to Chief Banking Officer & President (Winona), according to Greg Evans, President & CEO. Guzzo will continue to have primary leadership responsibility for Merchants Bank’s Winona and Goodview locations, along with meaningful community engagement for the Winona area. Additionally, Guzzo will now also oversee the strategic direction of the Wealth ..read more
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Tom Pasch Named Market President for Merchants Bank in Red Wing
Merchants Bank Blog
by Merchants Bank
2y ago
Tom Pasch has been named Market President for Merchants Bank in Red Wing, according to Dan Massett, North Region President. “Tom is a great addition to our already amazing team in Red Wing,” said Massett. “His background, integrity, emphasis on relationship-based banking and leadership skills truly align with our culture and the strategic focus here ..read more
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10 Days of Giving Collects 272,162 Pounds for 2021
Merchants Bank Blog
by Merchants Bank
2y ago
The final total for the 10 Days of Giving food drive through the end of the day on Friday, December 17 was 272,162 pounds of food. This is the second highest total in campaign history, after the 25th anniversary of the campaign that collected over 280,000 pounds. The 10 Days of Giving supports the food ..read more
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Ellen Morehouse Promoted to Vice President/Credit Administration Manager
Merchants Bank Blog
by Merchants Bank
2y ago
Ellen Morehouse has been promoted to Vice President/Credit Administration Manager at Merchants Bank, according to Cindy Harrison, Senior Vice President and Director of Credit Administration. “With a decade of experience in credit support, Ellen has been a true leader for our behind-the-scenes team as we help individuals, families and businesses through the loan process,” said ..read more
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