Jeff Carter Joins Merchants Bank in Cottage Grove as Vice President and Business Banker

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Jeff Carter

COTTAGE GROVE, Minn. – Jeff Carter has joined the team at Merchants Bank’s Cottage Grove location as a Vice President and Business Banker. He will lead the team in Cottage Grove, according to Twin Cities Regional President Lawrence Stovern.

“Jeff’s experience and ability will be a tremendous asset to our customers, our staff and business owners throughout the area,” Stovern said “He has a great understanding of commercial, consumer and SBA loans.”

Carter has more than 15 years of banking experience, including time at TCF Bank in Bloomington, and most recently at Drake Bank in St. Paul. He has a great deal of expertise in commercial and SBA loans.

“My knowledge will allow me to look closely at a business and suggest the best course of action that business can take for financing,” Carter said. “I look forward to continuing to help businesses achieve their goals, and to continuing to help our community grow through being involved.”

Carter recently completed his course work at the Graduate School of Banking in Colorado. He is a member of the Neighborhood Economic Development Association (NeDA) of St. Paul and the West St. Paul Kiwanis Club. He has a long history of working with and volunteering his time with community organizations.

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