Get to know Patti’s commercial banking philosophy and how she helps businesses in Red Wing, MN.
Share a little about your background and banking career.
Patti: I have been in lending for over 30 years. For the majority of my career, I’ve focused on agricultural and commercial lending in western Wisconsin and now Red Wing, Minnesota and the surrounding area.
What do you like most about your job?
Patti: Every day is different. I get to work with interesting and hard working people. It’s like working a puzzle at times – trying to get all the pieces to fit – working within the banking requirements and meeting my customers’ needs to help them grow their business. I enjoy it.
What kinds of businesses do you typically work with?
Patti: I work mostly with small businesses and farmers. I have seen a dramatic change in agriculture with operations getting larger and involving multiple generations compared to early in my career, when I mainly worked with family sized dairy farms. I now have a variety of farms and farm sizes that I work with. My business customers range from small retail to larger manufacturing businesses and real estate holding companies.
What is something not many businesses know about working with Merchants Bank?
Patti: Not many know about all of the services we can provide as a large regional bank. Our image as a small local community bank can sometimes overshadow the true capacity we have to provide financial services to businesses of any size. In addition, we’re unique because we can offer lease financing and trust services*, as well as cash management solutions and fraud tools often found at larger banks.
How would you describe your partnership with your business customers?
Patti: It’s a two-way street, where financial and industry data is shared. I celebrate their successes and am available to help them with any financial issue. We are a team in their success.
What do you hope your customers say about working with you?
Patti: That I appreciate their time, knowledge and expertise. I hope they feel I am professional and can get the job done for them with a smile.
How important is continuing education to you as a banker?
Patti: Change is all around us and I think it’s important to stay educated about banking and industry changes…anything that might affect my customers. When I’m informed and educated about their industry, I may be able to offer suggestions, help provide a solution to a problem or find a way to improve their bottom line. Understanding the issues they may be facing only improves our conversations and the trust between us.
What does community banking mean to you?
Patti: Investing the Bank’s deposits back into the community through loans to businesses and consumers. It means being a supporter of community institutions and initiatives that try to make the community a better place to live and work.
Merchants Bank doesn’t just talk about supporting the community – they actually do it. I appreciate the support Merchants Bank gives to me so I can participate in community organizations and the financial support it provides to many organizations in our communities.
Loans are subject to approval.
*May or may not be covered by FDIC insurance, depending on service selected.