Mark Poss and Brenda Stelter have been named to the Merchants Bank Advisory Board for Cannon Falls, Hampton and Red Wing, according to Dan Massett, Regional President.
“Our local Advisory Board members are instrumental in guiding our branches in Cannon Falls, Hampton and Red Wing. I am looking forward to the experience and insights Mark and Brenda will bring to our organization,” said Massett.
Poss recently sold his family owned newspaper publishing company and is currently a lead investor with Golden Triangle Angel Fund, assisting local and regional startup companies with early stage targeted investments. Stelter is the Owner of Anchor Promotions, Apparel and Signage, a provider of promotional products, branded materials and apparel and custom signage. Both businesses are headquartered in Red Wing.
“Being a part of Merchants’ Advisory Board is an opportunity to build greater connections in the community and learn more about the local impact banking can have on my friends, neighbors and fellow business owners,” said Stelter.
The Board and Advisory Board leadership structure is well established in the Merchants culture and has contributed to the growth of the organization. The Cannon Falls, Hampton and Red Wing Advisory Board was established in 2009. Advisory Boards across Merchants’ footprint ensure the Bank is connected with the communities served and provides key insights into the local population and economies. Advisory Board members contribute meaningful feedback about what is important to community members and business owners and how Merchants Bank can collaborate on a local level to create thriving communities.
“I am honored to join the Merchants Bank Advisory Board during this time of company growth,” said Poss. “It is exciting to be a part of a team that is not only growing a business but working to make our communities a better place to work and live.”
Merchants Bank is a full service community bank with 21 bank locations in southeastern Minnesota, two bank locations in west-central Wisconsin, a leasing division, Merchants Bank Equipment Finance, in Edina and a loan production office in Bloomington. Headquartered in Winona, MN, MFGI has more than $2.1 billion in assets. Merchants was founded in 1875.