Larry Accola has been appointed President of Merchants Bank in Eau Claire, according to Merchants Financial Group President and Chief Executive Officer Rod Nelson.
“We believe Larry is a great addition to our team in Eau Claire,” Nelson said. “He knows the market and the people of the region and is the perfect choice to help us continue to build our brand in the Chippewa Valley.”
Accola has more than 25 years of experience in the Eau Claire market, including more than 20 years at Royal Credit Union, where he served as the Senior Vice President of Business Loans and Services.
“Merchants Bank has a tremendous reputation as a community banking leader throughout southeastern Minnesota and west-central of Wisconsin. It is a perfect fit for the values and financial needs of the people and businesses in our area,” Accola said. “I look forward to sharing the Merchants’ story.”
Accola has a long history of community involvement, including the Eau Claire Economic Development Corporation, Eau Claire Noon Kiwanis, Eau Claire County Industrial Development Agency, Eau Claire City Revolving Loan Fund, Eau Claire Near Equity Loan Fund, Eau Claire Chamber of Commerce, Chippewa County Economic Development Corporation, Chippewa Falls Chamber of Commerce and the Eau Claire Downtown Business Improvement District.