Merchants Bank Receives Partnership Award from Mortgage Insurer MGIC

Left to right: Cheryl Webb, Senior Vice President of Field Operations for MGIC, Bob Dougherty of Merchants Bank, and Elyse Mitchell, Lead Account Manager for MGIC.

Left to right: Cheryl Webb, Senior Vice President of Field Operations for MGIC, Bob Dougherty of Merchants Bank, and Elyse Mitchell, Lead Account Manager for MGIC.

Mortgage insurance leader MGIC recently presented Merchants Bank with its Partnership Award, which recognizes a business partner for loyalty, superior business quality and leadership in the mortgage industry.

Merchants Bank’s Vice President of Mortgage Operations Robert Dougherty accepted the award from MGIC’s Senior Vice President of Field Operations Cheryl Webb and Lead Account Manager Elyse Mitchell. MGIC is based in Milwaukee and provides mortgage insurance for about 1 million homes.

“It means a lot to our organization that we rose to the top of what MGIC was looking for in a partner. The award really celebrates the work of our entire company, including our exceptional sales force, as well as the operations area,” Dougherty said. “It’s been a great partnership for both of us. We really appreciate their continued work in educating our operations and sales teams.”

Merchants Bank’s Mortgage Operations area provides service and support for the mortgages written by Merchants Bank employees at the Bank’s 21 locations, as well correspondent mortgage services for about 210 community banks across Wisconsin, Minnesota, Iowa, and North and South Dakota. More than 45 Merchants Bank employees support the Mortgage Operations area.