Congratulate New and Promoted Staff

NewPromotedStaff-Blog

New Staff

BleningerAnnette Annette Bleninger, Cash Management Officer, CTP, Rosemount

Annette has more than 15 years of banking experience in sales, customer service and operations in Cash Management. She has worked with customers of varying sizes to help them determine the products and services that will help them most effectively manage their short term funds. She is looking forward to working with customers and bankers across Merchants Bank’s Twin Cities locations.

BorgenAmanda Amanda Borgen, Teller, Rushford

Amanda previously worked as a Sales Associate/Assistant Manager at Cut Above Home in Rochester. Having grown up on a farm, she and her husband are happy to have recently moved back to the country on their own farm. They have a new puppy named Bear, who can be quite a handful, but a great dog. Amanda loves doing anything creative, from sewing to drawing to DIY’s

KeimMeghan Meghan Keim, Customer Service Representative & Teller, Winona-Lakeside

Meghan previously worked at David’s Bridal and KDLT-TV. She has a communications background and graduated from Minnesota State University Moorehead. Meghan is a bubbly person who loves sports (Minnesota ones!), holidays, chocolate, movies, baking, reading, and talking with people.

KnottKayla Kayla Knott, Teller, Winona-Lakeside

Kayla is from a small town in Minnesota and has four siblings, one of which is her identical twin!  Kayla is a sophomore at Winona State University majoring in Business.  She previously worked at Fergusons Apple Orchard, Schweich’s Hotel Bar & Restaurant, and Hy-Vee.

ThaiAmyNgoc Amy Thai, Teller, Cottage Grove

Amy also currently works at DSW as a part-time Sales Associate and previously worked at Quali-Mac as an Assistant. She is happy to join the Merchants team and looks forward to getting to know our Cottage Grove customers.

Promotions and Transfers

ManorMeghan Meghan Manor, Personal Banker, Winona-Downtown

Megan has been with Merchants since 2016. She was previously a Customer Service Representative in Winona.

Toni Nisbit, Vice President of Mortgage Operations, Winona-Downtown

Toni has been with Merchants Bank since 2001. She was previously the Underwriting Manager/Assistant Mortgage Operations Manager.

Attend our Holiday Open Houses

Please join us for these Holiday Open Houses

Join our staff at these great events throughout December. Be sure to follow us on our Facebook page for information on these events or pictures from other events you may have missed.

11/27 Free Town Hall Forum with Neel Kashkari, President of the Minneapolis Federal Reserve Bank
5:00 – 6:30 p.m.
East Hall in Student Union/Kryzsko Commons, W. 9th St, Winona, Minn.

At the free Town Hall Forum, President Kashkari will give brief opening remarks, followed by an open-mic Q&A with the audience, moderated by Scott Olson, President of Winona State University.

To register for this FREE event, go to: FRBMinneapolis.cvent.com/Winona

External link disclaimer: By clicking the above link, you will be linking to another website not owned or operated by Merchants Bank, NA. Merchants Bank, NA is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. We encourage you to review their privacy and security policies which may differ from Merchants Bank, NA.
12/1-12/10 “10 Days of Giving” Food Drive

See how you can support local food shelves through the “10 Days of Giving” at participating Merchants Bank locations.

12/1 Caledonia Holiday Open House
10:00 a.m. – 2:00 p.m.
At Merchants Bank in Caledonia

Please join us for cookies and refreshments in our bank lobby.
12/1 Caledonia Winter Wonderland Parade
7:00 p.m.
Please join us on Main Street in Downtown Caledonia.
12/1, 12/8, 12/15, 12/22 Cottage Grove Holiday Open House
9:00 a.m. – 5:00 p.m.
At Merchants Bank in Cottage Grove

Please join us for cookies and refreshments in our bank lobby.
12/2 Goodview Holiday Lighted Parade
5:30 p.m.
6th Street in Goodview
12/4-12/8 Lanesboro Holiday Open House
Monday-Thursday: 9:00 a.m. – 4:00 p.m.
Friday: 9:00 a.m. – 6:00 p.m.
At Merchants Bank in Lanesboro
Please join us for cookies and refreshments in our bank lobby.
12/4-12/8 Rushford Holiday Open House
Monday-Thursday: 9:00 a.m. – 4:00 p.m.
Friday: 9:00 a.m. – 5:00 p.m.
At Merchants Bank in Rushford

Please join us for cookies and refreshments in our bank lobby.
12/8 Hastings Holiday Open House
11:00 a.m. – 2:00 p.m.
At Merchants Bank in Hastings
Please join us for a light lunch and refreshments in our bank lobby. You may also bring food or monetary donations for the “10 Days of Giving” Food Drive.
12/8 Spring Grove Holiday Open House
12:00 – 4:00 p.m.
At Merchants Bank in Spring Grove

Please join us for cookies and refreshments in our bank lobby. Santa will be available for pictures from 2:00 – 4:00 p.m.
12/8 St. Charles Holiday Open House
10:00 a.m. – 2:30 p.m.
At Merchants Bank in St. Charles

Please join us for refreshments in our bank lobby. You may also bring food or monetary donations for the “10 Days of Giving” Food Drive.
12/9 Rushford Holiday Parade of Lights
7:00 p.m.
Join us for the Parade of Lights in Downtown Rushford.
12/11-12/15 Rosemount Holiday Open House
9:00 a.m. – 5:00 p.m.
At Merchants Bank in Rosemount

Please join us for cookies and refreshments in our bank lobby.
12/14 Cannon Falls Holiday Open House
9:00 a.m. – 4:00 p.m.
At Merchants Bank in Cannon Falls
Please join us for cookies and refreshments in our bank lobby. Live music will be performed throughout the day by area schools.
9:00 a.m. – Cannon Falls High School Concert Choir
10:00 a.m. – Cannon Falls High School Flute Choir
11:00 p.m. – Randolph Junior High School Choir
12:00 p.m.  – Holiday music featuring Jane Peterson on piano
1:00 p.m. – St. Paul’s Lutheran School Choir
12/14-12/15 La Crescent Holiday Open House
8:30 a.m. – 4:00 p.m.
At Merchants Bank in La Crescent

Please join us for cookies, coffee and holiday spirit in our bank lobby.
12/18 Eau Claire Holiday Open House
9:00 a.m. – 5:00 p.m.
At Merchants Bank in Eau Claire
Please join us for cookies and refreshments in our bank lobby.  
12/18-12/22 Winona Holiday Open House
9:00 a.m. – 4:00 p.m.
At Merchants Bank in Winona-Downtown
Please join us for cookies and refreshments in our bank lobby. Live music will be performed throughout the week by area schools.
12/18-12/22 Onalaska Holiday Open House
9:00 a.m. – 5:00 p.m.
At Merchants Bank in Onalaska
Please join us for cookies and refreshments in our bank lobby. 
12/18-12/22 Rochester-Green Meadows Holiday Open House
8:30 a.m. – 5:00 p.m.
At Merchants Bank in Rochester – Green Meadows office
Please join us for cookies and refreshments in our bank lobby.
12/18-12/22 Rochester-Northwest Plaza Holiday Open House
8:30 a.m. – 5:00 p.m.
At Merchants Bank in Rochester – Northwest Plaza office
Please join us for cookies and refreshments in our bank lobby. 
12/18-12/22 Red Wing Holiday Open House
8:30 a.m. – 5:00 p.m.
At Merchants Bank in Red Wing
Please join us for cookies and refreshments in our bank lobby. Please bring a donation of hats and mittens to support our friends and neighbors in the Red Wing area.

Welch, Anderson to Again Lead “10 Days of Giving”

Jen Welch and Chad Anderson, 10 Days of Giving Co-Chairs

Jennifer Welch and Chad Anderson are returning as co-chairs for Merchants Bank’s 2017 “10 Days of Giving,” which runs December 1-10.

“We’re excited that Jen and Chad have agreed to lead our employee team again in this very important community event,” said Andrew Guzzo, Regional President.

The event is now in its 29th year of collecting non-perishable food items and monetary donations to benefit the food shelf at Winona Volunteer Services. Last year, the “10 Days of Giving” collected 206,050 pounds of food, bringing the 28-year total to 3,045,465 pounds of food. Two pounds of food are calculated for each dollar brought in. The percentage of monetary donations keeps increasing each year.

“Our goal is to make sure that no one in Winona County goes hungry this winter,” said Welch, a Cash Management expert and the Bank’s Events and Adventures Coordinator, who is serving her fourth year as co-chair.

Through the end of 2016, 1,173 households were registered for the food shelf at Winona Volunteer Services. Last year, more than 3,324 individuals were served at the food shelf, and another 1,603 people were helped at the Emergency food shelf. Last year 480,145 pounds of food were distributed. Also 264 elementary kids received healthy weekend snacks during the 2015-2016 school year.
“Our employees believe so much in helping those who need help. It is gratifying to see that almost every member of our staff contributes to this event in some way,” said Anderson, a Commercial Banker, who is serving his second year as co-chair.

As in the past, Merchants will be collecting at its locations as well as at schools and participating businesses around the area. For questions, please call Welch at 457-1108 or Anderson at 457-1196. The “10 Days of Giving” will officially kick off with a press conference at 10 a.m., December 1 at Merchants Bank in downtown Winona. Monetary donations can be made out to “10 Days of Giving” and can be mailed to, or dropped off at Merchants Bank, 102 E. 3rd Street, Winona, MN 55987. If you would like to make a donation online, you can go directly to the Winona Volunteer Services website: http://www.winonavs.org. Indicate “10 Days of Giving” after entering your name.

Member FDIC.

Protect Your Identity During the Holidays or Any Time of Year

CardProtectionApps-Blog

The importance of protecting your personal identity became clearer with the recent Equifax data breach where the personal information of more than 143 million Americans was compromised. If you haven’t checked yet, you can still do so at http://www.equifaxsecurity2017.com and clicking “Am I Impacted?” If you have more questions, feel free to call us.

Let Merchants Bank Make Sure You Have the Right Tools

Your security is top of mind at Merchants Bank. We have a number of ways to help you protect yourself with our SecurLock Equip app for your Merchants Bank credit card and My Mobile Money app for our debit card. These apps are very similar.

With SecurLock or My Mobile Money you can:

  • Turn your Merchants Bank credit card or debit card on and off.
  • Control where your credit card or debit card can be used.
  • Receive automatic notifications about possible fraud and take action.

More on SecurLock and My Mobile Money can be found on our website.

Plus, if you use Merchants Online Banking, consider using the “Alerts” functions to monitor activity. To set up automatic alerts, follow the steps outlined in our video tutorial. Alerts can be sent to an email address or via text message.

Best Practices to Use When Shopping Online During the Holidays:

  • Change your passwords often. Use a mixture of numbers, letters and special characters. Don’t use the same passwords for multiple accounts.
  • Be suspicious. Thieves will use calls or emails to trick you into sharing passwords, social security numbers, etc. If you don’t recognize the caller or email, don’t reply.
  • Don’t click on links in emails from your credit card companies, investment companies or banks that would have you update account information. Remember, Merchants Bank will never ask you to update your personal information via a link in an email. When suspicious, call the company at a number you confirmed in a separate source, like a phone book or prior statement.
  • Make a fraud kit. Keep a list of your credit and debit cards, account numbers, expiration dates and customer service of fraud department telephone numbers in a secure place.
  • Read through your credit card bills. If you see a charge you don’t recognize, call and get the charge reversed.
  • Don’t use the “remember password” option. It makes it easier for someone to access your accounts.
  • Do NOT keep a list of passwords in an unprotected document on your devices or written down in an unsecure place.
  • Never save your credit card number online. If that site gets breached, you are at risk. Enter your information each time you make a purchase.

If you’re traveling or spending the winter somewhere else, let us know by contacting your local Customer Service Representative so we can make sure you have the best service.

If you make purchases in a state or country where you don’t normally use your Merchants Bank debit or credit card, we may think these transactions are fraudulent unless we know otherwise. Let us know the dates of your trip, your travel locations and how we may be able to contact you.

If you have additional questions, please contact us. We’re happy to help.

 

 

 

 

Merchants Financial Group, Inc. Announces Earnings of $8.84 million Through the Third Quarter of 2017

GregEvansPresidentCEO

Merchants Financial Group, Inc. (MFGI) announced net income of $8,841,114 through the first three quarters of 2017, according to MFGI President & CEO Gregory M. Evans.

Evans said MFGI is enjoying both commercial loan and deposit growth, and mortgage loan volume also continues to be strong.

“Our core business continues to perform very well and drive our profitability,” Evans said. “Our community bankers continue to build our business by providing our customers guidance, convenience and excellent service across all of our locations.”

Net income is behind 2016’s pace, when MFGI had record earnings. Evans said that in alignment with MFGI’s conservative approach, $1.4 million was set aside for additional loan loss reserves in the third quarter. MFGI also made adjustments to loan loss reserves in each of the first two quarters of 2017. To date in 2017, MFGI has put aside more than $3.4 million in loan loss reserves to cushion against possible future loan stress, most notably in the ag sector. Evans said actual loan charge-off activity is negligible.

Evans reported the MFGI Board of Directors approved retaining a 56-cent per share dividend during its October meeting. MFGI stock continues to perform well, trading at $62.35 per share, compared to $48.75 a year ago.

“We are optimistic about the remainder of our year, and we expect continued good results,” Evans said.

MFGI owns 21 Merchants Bank locations, including 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.

The ownership of Merchants Financial Group is made up of its 440 employees and its shareholders, mostly individuals and families from southeastern Minnesota and west-central Wisconsin.