Mobile Banking is Easy: Here’s how to start

person on smartphoneWhat do you need to do to access Merchants Bank’s Mobile Banking? Simply, you need to make sure you are enrolled in Merchants Bank’s Online Banking and then log into your account.

If you are a first-time user, simply go to the Merchants Bank home page and click on “Enroll” in the upper left hand corner. You can also find an informative “Demo” there.

Once you’ve enrolled, go to “Other Services” and click “Mobile Banking” to complete the enrollment process. You can download the free app you need for your Android or Apple phone or tablet device at our website. You can also download Merchants Bank’s free mobile app through your mobile phone or tablet device. The free Android app is available at the Google Play store and the free iPhone or iPad app is available at the Apple App Store or on iTunes.

Once your app is in place, you will be able to enjoy these Mobile Banking benefits:

  • Check account balances.
  • View recent transactions.
  • Transfer funds.
  • Find Merchants Bank branch and ATM locations.
  • Contact Merchants Bank Electronic Banking customer support.

If you’d prefer to utilize text banking, you can do so without downloading an app. Our Electronic Banking Department will be able to help you.

If you have any questions, please give our Electronic Banking Department a call at 866-496-0522.

 

Surcharge Free ATM Options

SurchargeFreeATMsLooking to use your Merchants Bank Debit card free of charge to obtain cash or check account balances? Try these:

  • Merchants Bank owned ATMs
  • Fee Free cash at any one of more than 400 Kwik Trip or Kwik Star locations in Minnesota, Wisconsin or Iowa.
  • MoneyPass ATMS where you won’t be assessed a surcharge fee by the bank at MoneyPass ATMs. A foreign surcharge fee may still apply. You can find a MoneyPass location, or access locations through an iPhone or Android app, by starting here.

Plus, remember you can also get cash back when using your Merchants Bank Debit Card at most point of sale locations

Holiday Shopping has Never Been Better

ScoreCardHolidayThe best part about the holiday season is seeing the joy on the faces of your loved ones when they open the gift that you bought for them.  Do you know how you can make this even better?  Use your Merchants Bank Visa ScoreCard to make your holiday purchases and get a gift for yourself.

Did you know that you can use points you receive by using your Merchants Bank Visa ScoreCard and redeem them for merchandise, travel rewards, or even toward a gift card to your favorite shopping locations? 

Why should the holiday season just be about giving presents to other people when you can treat yourself too?  Use the Merchants Bank Visa ScoreCard to buy gifts for your loved ones and use the points you earn for yourself.  

How do you redeem your ScoreMore points?

All you need is a Merchants Bank Visa ScoreCard credit card.

It’s this easy:

  1. Go to www.scorecardrewards.com
  2. Login to your account
  3. Click on the “Go Shopping” button under “ScoreMore”
  4. Use your ScoreCard Rewards card for all purchases
  5. Watch your bonus points add up

How to Start:

If you already have a Merchants Bank Visa ScoreCard, you’ve already started. Just go to www.scorecardrewards.com and start shopping.

If you don’t yet have a Merchants Bank Visa ScoreCard, apply online or contact us and we can help you apply. Happy Shopping!

Credit cards are subject to credit approval.

Budget for a Happy Holiday Season

OnlineBankingENYour mom is going to love that holiday gift you bought her, and your grandpa, well, you just can’t wait for him to open your present. What about your dad, have you thought of a good gift for him?

Budgeting for everyone on your holiday list can be difficult, that’s why Merchants Bank has thought of ways to help you track your spending and access your accounts in the palm of your hands.

Merchants Bank Online Banking customers have access to a personal financial management tool, “Manage My Money.”

It’s like having your own personal money management software without having to purchase expensive software. All from the comfort of your home or your office.

You can do a great deal with this free tool, including:

  • Follow your net worth and watch the value of your real estate holdings
  • Consolidate and track your investments, such as stocks and your 401k
  • See where you’re spending your money by tracking your purchases by category or in general
  • Generate reports on spending, expenses and credit card utilization
  • Set budgets and receive alerts if you go over budget
  • Create custom reports especially for you
  • Link to your accounts, no matter where they are held

That’s just the beginning, and you’ll find it easy to use. It’s as simple as logging on to your Merchants Bank online banking and then following the prompts for “Manage My Money.”The help doesn’t stop with “Manage My Money.” Merchants Bank Mobile Banking makes it easy for you to get a quick update on your accounts when and where you need it. Using Mobile Banking allows you to get more things done because it’s easy, convenient and fast. With Mobile Banking, you can do all of your banking on the go.

Click here for more information on Mobile Banking or download details.

Don’t forget to budget for everyone on your holiday list. Track spending and access accounts in the palm of your hand with Merchants Bank’s “Manage My Money” and Mobile Banking.

If you need help, just give us a call at (866) 496-0522, and we’ll be happy to answer any of your questions.

Holiday Shopping Made Easier for Your Customers

BusGiftCardRefreshedENAre you tired of handwriting all of those gift certificates for your customers? Wouldn’t it be nice to have everything with the gift certificate process electronic so you didn’t have to do the math? With the holiday season around the corner it is only going to become more difficult to track your paper certificates. Why not try Merchants Bank’s Business Gift Card program?

The Merchants Bank Business Gift Card program allows your business to offer gift cards to your customers.  You can even launch the program in five to seven days so that your business will be prepared for the holiday shopping season. You can even personalize and brand the card using your business name.

Increase the average spending of your customers and the frequency of their visits. Reward your loyal customers and attract new ones with the Business Gift Card program at Merchants Bank. 

Make the gift card purchasing process easier for you and your customers.

For more information on the Merchants Bank Business Gift Card program, please contact Credit Card Department Manager Deb Kemp at (507) 457-1160 or by email at dlkemp@merchantsbank.com. Let Merchants Bank help you start offering gift cards or make your gift card process easier today.

Let Your Bills Pay You

ScoreCardHolidayENDid you know you can earn points when you use your Merchants Bank Visa ScoreCard? You can even redeem those points that you earn to order a gift card to one of your favorite shopping locations.

 Each qualifying transaction you make earns you valuable Bonus Points. You may redeem your points at any time. The larger your Bonus Points total, the greater the value of the award you may choose.

When you open your credit card account, you will receive your ScoreCard Rewards catalog for your shopping convenience, or you can login to www.scorecardrewards.com and shop away.

For more information contact your local Merchants Bank office or visit our website.

We’ve Got Your Back, Trust Us

Merchants Bank Trust DepartmentIf you want the freedom to travel at a moment’s notice, advice for estate planning, or help with tools for asset management, it’s a relief to know that somebody will take care of your finances.

Whether you are at home, or halfway around the world, the Trust Specialists at Merchants Bank are prepared to manage your affairs 365 days a year because we’ve got your back.

The Trust Department at Merchants Bank offers integrity, experience, and peace of mind to its clients and will come to meet with you at any of our locations.

We Care

We know how important it is to work together as a team with your other advisors to cover all the aspects of your financial life. We have a history of success that continues to motivate us with each new person and family we help realize their dreams.

Trusts are for people:

  •  Who are alone
  •  Looking for freedom
  •  Wanting to stay independent
  •  With special needs

There are different types of trusts, and your situation will best determine what is right for you:

  • Revocable living trust
  • Irrevocable living trust
  • Trust under will
  • Charitable trust
  • Power of attorney, guardian or conservator
  • Self-directed or Trustee directed IRA

We can offer you these services as well:

  • Estate planning
  • Estate administration. We can act as your personal representative
  • We can act as Trustee for revocable or irrevocable trusts
  • Healthcare coordination
  • Tax preparation and filings
  • Full-time, professional money management
  • Selecting, re-balancing and monitoring of investments

Call us at (507) 457-1153 for more information, or click here.

Employers, if the answer is “Yes”

The high cost of insurance may be a challenge for many employers. But there may be an answer to these questions:HSAEN

  • Are you combating higher health insurance premiums? Yes
  • Are you considering or are you offering your employees a high deductible health plan (HDHP)? Yes
  • Are you looking for peace of mind about your health care expenses? Yes
  • Do you want it to be as easy as possible? Yes

Then, you’ll want a Health Savings Account (HSA) from Merchants Bank.

The Winona Area Public Schools (WAPS) is one business that is offering HSAs, and the results have been good, according to Jolie Severson, Payroll and Benefits Administrator at WAPS. More than 411 of the more than 600 employees at WAPS have HSA accounts.

“I would rate our experience as 10 out of 10,” Severson said. “The staff at Merchants is helpful with setting up our employees’ accounts online, allowing personal funds to be directly deposited. All questions and special circumstances are answered with efficiency and satisfaction.”

Severson said there are a number of other benefits for employees.

“It’s not a use it or lose it account, so all the funds in the account stays with the employee for years to come. There are employees who are building up this account for retirement with tax-free dollars,” Severson said. “Employees have become better health care consumers as they manage their medical needs.”

Plus, the account is portable if the employee were to leave and can be transferred to a spouse upon death.

If you want to learn more, talk with your insurance agent and then talk to us at Merchants Bank. We’d be happy to come on-site to help educate your employees.

Small Business Administration

SBARefreshENA Business Banker from Merchants Bank will provide specialized support for your specific business financing request. Our numerous business loan program options are designed to meet the specific needs of your business, from a business line of credit to fleet financing.

We are a SBA Preferred Lender, which means we can help qualified applicants right when they need us. We’ll listen and help you with the business loan you need. It’s that simple. Contact a Business Banker today to schedule a free, no obligation review of your business. Work with someone who cares about your business as much as you do. At Merchants Bank, we care about you and what’s right for your business. Loans are subject to credit approval.

Enjoy A Service that Can Save You Money

OnlineBankingENDo you want access to your account any time you want? How about a service that is free and can also save you money? Well, you’re in luck because Merchants Bank has just what you’re looking for. Our Online Banking service is free to our customers and allows for you to access your account when you need to.

Your time is valuable. Merchants Online Banking gives you convenient, easy to use, secure access to your accounts via the Internet. With Online Banking, you will have access to Bill Pay and Manage My Money, which will help you get the most of your banking needs.

Bill Pay allows you to pay virtually any one or any company through your Online Banking account. Save money on your postage, checks, and envelopes when you pay for your bills online instead of by mail. You decide who you want to pay, when you want to make the payment, and the account you want the payment to come from. It’s that easy.

Manage My Money is a Personal Financial Management (PFM) tool that is offered by Merchants Bank through Online Banking. You can get a complete picture of your financial information with Manage My Money. Track your spending, create budget goals, get account balances, bill due date alerts and much more, so that you can stay in control of your finances.

Take advantage of a great service, like the Online Banking, offered at Merchants Bank. Save time and money while you make safe and secure transactions with Online Banking. Click for more information on Online Banking.

Merchants Bank cares about what you think because it is important to us that we are providing you with the best service that we can. Please take a few moments to tell us what you think by answering the questions in this survey. We appreciate your feedback and look forward to learning more about how we can serve you better.