Mortgage Operations Leader Completes Advanced Degree

WINONA, Minn. – Robert Dougherty, Vice President of Mortgage Operations at Merchants Bank, has completed his MBA at Concordia University in St. Paul.

Dougherty leads the mortgage operations area at Merchants Bank, which supports and processes mortgage loans for Merchants’ 18 locations, as well as 210 other community banks and credit unions across five states that make up the correspondent mortgage banking network that Merchants Bank serves.

“I think that through the MBA experience I better developed the ability to understand issues and opportunities holistically through areas of expertise like risk assessment, cost-benefit analysis and strategic planning,” said Dougherty, who has supervisory responsibilities for nearly 50 employees. “That should benefit my co-workers, and, in turn, our customers.”

Dougherty has been with the Merchants organization for two years and has nearly two decades of mortgage experience.