Joe Nelson Appointed to Merchants Bank Advisory Board of Directors


Joe Nelson (right) with Tim Murphy

Joe Nelson has been appointed to the Merchants Bank Advisory Board of Directors for the Merchants Bank locations in Caledonia, Spring Grove, Rushford and Lanesboro, according to Board Chairman Timothy Murphy.

“Joe is well-known and well-respected for his commitment to the Ag industry,” Murphy said. “We think his addition on our Advisory Board will provide our Banks with greater insight into how to best provide financial solutions for those we serve in our area.”

Nelson and his wife Barb own and operate the Lanesboro Sales Commission and the Decorah Sales Commission.

“We see a great number of people in the area, and they share with us what’s important to them. I think having that knowledge will be a help to the Board,” Nelson said.

Nelson grew up on a family farm north of Canton, MN, and attended Mabel-Canton High School and the University of Minnesota. The Nelsons live north of Mabel, MN, where they raise registered Simmental and Angus cattle and have a diversified crop operation, in addition to their work in Lanesboro and Decorah.

“We’re proud to provide a fair and competitive market for livestock buyers and producers in a four-state area,”Nelson said.

Merchants Bank has 21 locations, including Minnesota locations in Rushford, Lanesboro, Caledonia, Spring Grove, Winona, St. Charles, Goodview, Rochester, La Crescent, Cannon Falls, Red Wing, Hampton, and the southern Twin Cities metropolitan suburbs of Apple Valley, Cottage Grove, Hastings, Lakeville and Rosemount. Merchants has Wisconsin locations in Eau Claire and Onalaska. All banks are FDIC members and equal housing lenders. Twin Cities-based Merchants Bank Equipment Finance is also a division of Merchants Bank, N.A.