Lisa Franxman Named Market President for Merchants Bank in Rosemount

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Respected, relationship-focused area banker Lisa Franxman has joined the team at Merchants Bank as Market President in Rosemount, according to Twin Cities’ Regional President Lawrence Stovern.

“Lisa is well known in the Rosemount and Farmington area as an exceptional banker and someone who is committed to making the area a better place to live,” Stovern said. “We are excited to have her as part of the leadership team here in the Twin Cities as we continue to grow.”

Before joining the team at Merchants, Franxman had been with Anchor Bank since 2000. She was named President of the Farmington location in 2011. In addition to her leadership skills, Franxman is an accomplished commercial and SBA lender, with a background in credit analysis. She is focused on enhancing and building long-term business relationships. In 2015, she received the Exceptional Business Woman award from the Dakota County Tribune.

“As a community banker, Merchants shares my values for making the communities we serve better places to live, work and grow,” Franxman said. “I’m looking forward to sharing my expertise, connections and knowledge in helping the Rosemount bank meet the needs of the area.”

Franxman has a long history of community involvement. She serves on the Executive Board of Hope for Tomorrow, currently leading the Farmington chapter. She serves on the Board of Directors for the Dakota County Regional Chamber of Commerce, where she chaired the Women’s Conference committee in 2015 and 2016. She is a member of the Dakota County Sheriff’s Citizen Advisory Council. She served on the Board of Directors for the Rotary Club of Farmington and was President of the Club in 2015-2016.

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