Andrew Guzzo Joins Merchants Bank as Regional President

Andrew Guzzo, Merchants Bank Regional President

Andrew Guzzo has joined Merchants Bank as Regional President, according to Merchants Financial Group, Inc. (MFGI) President & CEO Greg Evans.

Evans said Guzzo’s primary responsibility will be to provide leadership for Merchants Bank’s Winona locations, along with meaningful community engagement for the Winona area. Additionally, Guzzo will have supervisory responsibility for the strong team of Market Presidents in Onalaska and Eau Claire, WI, and Minnesota locations in La Crescent, Caledonia, Spring Grove, St. Charles, Rushford and Lanesboro. He will have a presence in all of the markets for the southern tier of Merchants’ service footprint.

“We are excited to have Andrew leading our team in the region,”Evans said.  “Andrew brings an intense passion for customer service and community leadership. He also has had significant sales and management experience, both outside and inside the banking industry. We believe his skill set is the right mix to help facilitate our continued growth for our community banking organization.”

Guzzo has spent the past 11 years in the banking industry, working for American Bank & Trust in the Quad Cities (Iowa/Illinois) area, and most recently leading NXT Bank in Cedar Rapids, Iowa. Prior to that, he had more than 15 years of sales and sales management experience for US Foods.

“I look forward to helping to establish, build and grow long-term customer relationships around our region,” Guzzo said. “By every measure, Merchants Bank’s enviable culture and customer-centric commitment to the communities it serves continues to raise the bar among community banks across the region. I am humbled by the responsibility to customers and shareholders and excited at the possibilities that come from working with this team.”

Guzzo and his wife, Dawn, have four children, two boys and two girls.

The Merchants organization has reached record earnings each of the past two years and is tracking for another significant year in 2017.

Since the retirement of former MFGI President & CEO Rod Nelson in January, Evans has been serving as the Winona Bank President, as well as overseeing the banking operations for all of Merchants Bank’s 21 locations, in addition to his role as MFGI President and CEO.

With the addition of Guzzo, Merchants will have three regional presidents reporting to Evans – Guzzo for the Winona and Southern region, Dan Massett for the Central Region and Lawrence Stovern for the Twin Cities Region. Evans points out that all are supported by local presidents who have decision making responsibilities in their markets.

“Real local decision making is one way we stand apart from others in our industry. It allows our local leaders to positively influence the people and the communities they serve,” Evans said. “We recognize it is a unique model, but it best serves our customers.”

Leading Merchants’ locations in the region are: Steve Christiansen in Onalaska and La Crescent, Matt Schuldt in Caledonia and Spring Grove, Larry Accola in Eau Claire, Ken Graner in Lanesboro and Rushford, and Jim Allen in St. Charles.

MFGI owns Minnesota locations in Winona, St. Charles, Goodview, Rochester, Rushford, Lanesboro, Caledonia, La Crescent, Spring Grove, 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. Additionally, MFGI also owns Twin Cities-based Merchants Bank Equipment Finance, a division of Merchants Bank, N.A.