Merchants Bank Hires New Human Resource Leader

Beth Ede, Chief Human Resource Officer

A local Human Resource professional, Beth Ede, has joined Merchants Bank and its Executive Leadership Team as Senior Vice President/Chief Human Resource Officer, according to Greg Evans, President & Chief Executive Officer.

“I’m tremendously excited to have Beth join the Merchants organization,” said Evans. “Her role is critical to our brand promise to be the Bank that Service Built, because our people have the responsibility of making that happen.

“At Merchants, we believe that culture trumps strategy. From the candidates we considered, Beth stood out as a great culture fit. She understands that people are our most important asset, and will help us strengthen our talented team and ensure that the unique culture here continues to thrive.”

Ede has more than 25 years of experience in professional training and Human Resource (HR) management. She was most recently the Human Resources Services Advisor at WA Group (formerly Winona Agency) and has held several senior HR positions. Her background also includes HR consulting, compensation and benefits administration, change management, strategic planning, talent development and recruitment.

“I’ve always been a strong proponent and advocate for company culture. You can talk strategy all day, but it’s the culture that moves things forward – and I can tell that’s true at Merchants,” said Ede. “I have the opportunity to work with amazing, talented people who are so committed to growing the company and serving all stakeholders.”

Ede is a certified Senior Professional in Human Resources (SPHR) and Senior Certified Professional (SHRM-SCP). She is a Cochrane native and attended Winona State University where she received a Bachelor of Science degree in Sociology. She serves on several local boards, including the Winona Area Chapter of the Society for Human Resource Management and the Riverland Energy Cooperative. She is also a volunteer member of the Human Resource Committee for Habitat for Humanity.

Merchants Bank is a full-service community bank with 21 branches in southeastern Minnesota and west-central Wisconsin. Headquartered in Winona, MN, the Bank has more than $1.75 billion in assets and was founded in 1875. Member FDIC.

Julie Augedahl, Merchants Bank Mortgage Lender, Now Serving Lanesboro & Rushford

Julie Augedahl, Mortgage Lender

Merchants Bank Mortgage Lender, Julie Augedahl, is now serving the Bank’s Lanesboro and Rushford locations to help meet the needs of the local housing market, according to Ken Graner, President for Merchants Bank in those communities.

“Julie works hard to make the home loan process understandable and easy for her customers,” said Graner. “We’re looking forward to sharing her expertise with those buying or building a home in this area.”

Augedahl will be serving these new markets in addition to Caledonia and Spring Grove, where she has been a Mortgage Lender for Merchants Bank since 2017. She has more than 10 years of experience in personal banking and lending and is a Caledonia, MN native.

“The best part of my job is helping people fulfill their dreams of homeownership. As I expand the area I serve, I’m excited to be able to help even more people plan for home ownership or make the move to their next home,” said Augedahl. “Starting the process is easy – just give me a call, schedule an appointment to meet with me in person or visit merchantsbank.com for an online application.”

The Merchants Bank Mortgage team is comprised of 19 local lenders available throughout our regional footprint and more than 50 support staff. Merchants’ Mortgage Lenders understand the variety of traditional mortgage and specialty programs available today, as well as construction loan options, and can assess which make the most sense for an individual situation.

Merchants Bank is a full-service community bank with 21 branches in southeastern Minnesota and west-central Wisconsin. Headquartered in Winona, MN, the Bank has more than $1.75 billion in assets and was founded in 1875.