Dawn Stenberg Promoted to Assistant Vice President/Mortgage Lender


Dawn Stenberg has been promoted to Assistant Vice President/Mortgage Lender at Merchants Bank in Winona, according to Sue Hovell, Director of Retail Banking Performance at Merchants Bank.

“This promotion recognizes Dawn for the leader that she already is here at Merchants,” Hovell said. “She has extensive knowledge of the mortgage process and has used that expertise to provide outstanding customer service to our clients.”

Stenberg started in banking as a teller at 16 years old. She started in the mortgage industry in 2008 and has been with Merchants Bank since 2012.

“I am honored and really appreciate the ongoing support I have received from Merchants as well as my co-workers,” Stenberg said. “I truly can’t imagine working anywhere else; the culture just aligns with my beliefs and personality, and allows me to serve my customers the way I do, which is the reason we’re all here.”

Stenberg also credits the entire mortgage team at Merchants Bank: “We have a tremendous mortgage team. Our knowledgeable processors, underwriters and closers all strive to provide a great customer service experience, both during and after the loan process. It’s just who we are.”

Merchants Bank has 21 locations, including Minnesota locations in Winona, Goodview, St. Charles, Goodview, Rochester, Caledonia, La Crescent, Spring Grove, Rushford, Lanesboro, Red Wing, Cannon Falls, Hampton as well as Twin Cities locations in Lakeville, Apple Valley, Cottage Grove, Hastings and Rosemount. Merchants has Wisconsin locations in Eau Claire and Onalaska. Merchants Bank was founded in 1875. Loans are subject to approval. Merchants Bank Equipment Finance, the company’s leasing arm, is based in the Twin Cities.