Experienced Ag/Commercial Banker, Jon Dahl has been named the new Market President for Merchants Bank in Cannon Falls, according to Dan Massett, Central Region President.
“Expanding our leadership team in this region is an important investment in the continued growth of local businesses and the community. Jon’s leadership experience and particularly his community and ag banking background make him a great fit for Merchants and our Cannon Falls customers,” said Massett.
Dahl has 35 years of commercial and ag banking experience. He has worked for several community banks and also spent 14 years with John Deere Credit and five years with Rabo AgriFinance. Dahl was most recently the Vice President and Branch Manager for Star Bank in Elbow Lake, MN. His special expertise in financing for farming and ag businesses is the culmination of more than three decades in the industry.
“Joining an organization with such a strong customer and community service culture aligns with my personal approach to working with clients,” said Dahl. “I want to leverage my experience and skills to serve the local business and ag community.”
Dahl grew up in Barrett, MN and attended the University of Minnesota, earning a Bachelor of Science in Agricultural Economics. He and his wife will be relocating to the Cannon Falls area and are looking forward to becoming involved in the community. His hobbies include outdoor activities like boating and fishing, reading, playing guitar and cheering on his favorite Minnesota sports teams.
Since 2007, Merchants Bank has been a community partner in Cannon Falls helping individuals, businesses and farmers achieve their financial goals. With a focus on mortgage and ag/business financing, Merchants has been fortunate to grow with the Cannon Falls community. In addition to traditional banking services, the Bank also offers a full line of business loan, lease and floor plan finance solutions, digital banking, security apps, treasury management tools and wealth management services.
Merchants Bank is a full service community bank with 19 bank locations in southeastern Minnesota, two bank locations in west-central Wisconsin and a leasing division, Merchants Bank Equipment Finance, in Edina. As the parent company for Merchants Bank, Merchants Financial Group, Inc. (MFGI) also owns the First National Bank of Northfield, with two banking offices in Northfield and a loan production office in Bloomington, Minn. Headquartered in Winona, MN, MFGI has more than $2.1 billion in assets. Merchants was founded in 1875.