Congratulate New Staff

At Merchants Bank, we are happy to welcome new employees and celebrate new positions filled by current staff. These frontline employees are all looking forward to serving you. Take a moment to congratulate them.

HinckJacksonJackson Hinck has joined Merchants Bank as a Part Time Teller in Rochester. Jackson previously worked at Dairy Queen and attended UW-Eau Claire. He excited to join the Merchants Bank team.

 

 

 

NelsonBethanyBethany Nelson joined Merchants Bank as a Part Time Teller in Cannon Falls. Bethany is a junior at Cannon Falls High School and previously worked at the Cannon Golf Club and Cannon Kids. She enjoys playing tennis and painting.

 

 

PapenfussMcKennaMcKenna Papenfuss has joined Merchants Bank as a Part Time Teller in Winona. McKenna previously worked as a Manager at Rogan’s Shoes. She is currently a student at Winona State University majoring in Biology and has lived in Winona her whole life. McKenna enjoys running and reading in her free time.

 

 

ReichPaulinaPaulina Riech has joined Merchants Bank as a Part Time Teller in Lakeville. Paulina previously worked at Kohl’s as a Sales Associate. Paulina is from Slovakia and is married with three children. In her free time, she enjoys cooking, gardening, and spending time with her family.

 

 

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Join Us for the 10 Days of Giving

In its first 26 years, the “10 Days of Giving” food drive has collected 2,608,182 pounds of food through monetary donations and the donations of non-perishable food items. We need your help this year to meet our goal: To collect enough food to ensure that nobody in the counties we serve will go hungry during the winter.

Please join us in the following Merchants Bank communities for events to support the 10 Days of Giving (click on a specific location for more information). Also, keep in mind that typically the best way to support your local food shelf is through cash donations because of local food shelves’ buying power. Thank you for your generosity!

Cannon FallsCottage GroveHastingsRed WingSt. CharlesWinona

Cannon Falls
December 1-10: Change Collection – Merchants Bank staff will be collecting your loose change in their lobby with the donations going to Cannon Falls Food Shelf.

Cottage Grove

  • December 1-10 – Cottage Grove will be holding its “10 Days of Giving” to benefit the Friends in Need Food Shelf. You can bring cash donations or toiletry items to Merchants Bank in Cottage Grove or any participating school or business.
  • December 10, Holiday Train
    Date/Time – Thursday, December 10 at 5:45 p.m.
    Location – South of the Sieben Bridge, in front of the Youth Service Bureau.
    Don’t miss performances by Doc Walter and Kira Isabella. Santa Claus will stop by and there will be entertainment, snacks and refreshments for everyone.

Hastings

  • December 1-10 – Hastings will be holding its “10 Days of Giving” to benefit Hastings Family Service. Bring cash or food donations to Merchants Bank in Hastings or any participating school or business.
  • December 9Holiday Train
    Date/Time – Wednesday, December 9 at 8:30 p.m.
    Location – Canadian Pacific Depot, 500 E. Second Street.
    Don’t miss performances by Doc Walter and Kira Isabella. Santa Claus will stop by and there will be entertainment, snacks and refreshments for everyone.

Red Wing
December 1-10: Change Collection – Merchants Bank staff will be collecting your loose change in their lobby with the donations going to Red Wing Area Food Shelf.

St. Charles
December 1-10: St. Charles will be holding its “10 Days of Giving” to benefit Southeastern Minnesota Resource Center. Bring cash or food donations to Merchants Bank in St. Charles or any participating school or business.

Winona

  • December 1-10 – To give a gift of food:
    • Drop off items at Merchants Bank in Winona, Goodview or Lakeside or any participating school or business.
    • Mail a donation to Merchants Bank, 102 East Third Street, Winona, MN 55987, attn: “10 Days of Giving.”
    • Donate online by going directly to the Winona Volunteer Services website. Indicate “10 Days of Giving” after entering your name.
  • December 4, Fish Fry and Bake Sale
    Time/Date – Friday, December 4 from 5:00-7:30 p.m.
    Location – Winona Elks Lodge
    For only $10, get your choice of batter-fried or broiled cod, choice of baked potato or fries, coleslaw, dinner roll and refreshments. Tickets available for purchase at Merchants Bank.
  • December 5, Classic Holiday Movie Morning
    Time/Date – Saturday, December 5 at 9:45 a.m.
    Location: Winona 7 Theatre
    See the “Polar Express” or “National Lampoon’s Christmas Vacation”on the big screen. Tickets available at Merchants Bank: $4/person, $20/family, 5 and under free. Concessions also available for purchase.
  • December 5, Holiday Lighted Parade
    Date/Time – Saturday, December 5 at 5:30 p.m.
    Location – 6th Street in downtown Goodview.
    Come watch the Holiday Lighted Parade and bring monetary gifts or non-perishable food items to place in barrels along the parade route. Enjoy Christmas cookies and hot chocolate will be at Merchants Bank on Sixth Street. After the parade, meet Santa and Mrs. Claus at the Elk’s Lodge..
  • December 6, Holiday Concert for the Hungry
    Date/Time – Sunday, December 6 at 2:00 p.m.
    Location – Winona State University Performing Arts Center
    The Winona State University Symphonic Wind Ensemble, under the direction of Dr. Donald Lovejoy, and the Winona State University Chamber Orchestra, under the direction of Dr. Paul Vance, will perform their annual Holiday Concert. Admission  is free with the gift of food or monetary contribution.
  • December 7, Rocco’s Pizza Night
    Time/Date – Monday, December 7 from 5:00-8:00 p.m.
    Location – Rocco’s Pizza in Goodview
    Rocco’s Pizza in Goodview will be donating 10% of all sales from 5:00-8:00 p.m.
  • December 8, Culver’s Night
    Date/Time – Tuesday, December 8 from 5:00-8:00 p.m.
    Location – Culver’s of Winona
    Culver’s will be donating 10% of all sales from 5:00-8:00 p.m.
  • December 9, Holiday Train
    Date/Time – Wednesday, December 9 at 4:00 p.m.
    Location – Winona Amtrak Station.
    Canadian Pacific Railway’s “Holiday Train” will make a stop in Winona. Entertainment, cookies and refreshments will be provided. Attendees are encouraged to make a non-perishable food or monetary donation.
  • December 9, A&W Restaurant Day
    Date/Time – Wednesday, December 9, All Day
    Location – A&W Restaurant in Winona
    A&W will be donating 10% of all sales on December 9.
  • December 10, Jefferson’s day
    Date/Time – Thursday, December 10, All Day
    Location – Jefferson’s Restaurant in Winona
    Jefferson’s will be donating 10% of all sales on December 10.
  • December 10, Santa Paws
    Date/Time – Thursday, December 10 from 5:00-7:00 p.m.
    Location – Merchants Bank-Downtown Winona
    Pet lovers, get your pet’s photo taken with Santa for a $10.00 donation and a non-perishable food item.

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Attend our Holiday Open Houses in December!

HolidayOpenHouses

Our staff invites you to join them at these great events throughout December. Be sure to follow us on our Facebook page for information on these events or pictures from other events you may have missed.

11/30-12/10 Swipe Out Hunger
Vote for your local food shelf on our Facebook page to help them win a top donation of $5,000.
12/1-12/10 10 Days of Giving Food Drive
See how you can support local food shelves through the “10 Days of Giving” at participating Merchants Bank locations.
12/4 Caledonia Holiday Open House
10:00 a.m. – 2:00 p.m.
At Merchants Bank in Caledonia
Please join us for cookies and refreshments in our bank lobby.
12/4 Caledonia Winter Wonderland Parade
7:00 p.m.
Main Street in Downtown Caledonia
12/4 Spring Grove Holiday Open House
12:00 – 5:00 p.m.
At Merchants Bank in Spring Grove
Please join us for cookies and refreshments in our bank lobby. Pictures with Santa will be held from 2:00 – 5:00 p.m.
 12/23 Cottage Grove Holiday Open House
9:00 a.m. – 5:00 p.m.
At Merchants Bank in Cottage Grove
Please join us for cookies and refreshments in our bank lobby.
12/5 Goodview Holiday Lighted Parade
5:30 p.m.
6th Street in Goodview
12/7/12/11 Eau Claire Holiday Open House
9:00 a.m. – 5:00 p.m.
At Merchants Bank in Eau Claire
Please join us for homemade cookies and refreshments in our bank lobby. On December 9, we’ll be holding an Ugly Sweater Contest.
12/8 Hastings Holiday Open House
11:00 a.m. – 2:00 p.m.
At Merchants Bank in Hastings
Please join us for a light lunch and refreshments in our bank lobby. We will also be collecting donations for the 10 Days of Giving.
12/11 Lanesboro Holiday Open House
10:00 a.m. – 3:00 p.m.
At Merchants Bank in Lanesboro
Please join us for cookies and refreshments in the bank lobby. We will also be collecting donations for the 10 Days of Giving.
12/11 Rushford Holiday Open House
10:00 a.m. – 3:00 p.m.
At Merchants Bank in Rushford
Please join us for cookies and refreshments in the bank lobby.
12/12 Rushford Holiday Parade of Lights
7:00 p.m.
Downtown in Rushford
12/14-12/18 Rosemount Holiday Open House
9:00 a.m. – 5:00 p.m.
At Merchants Bank in Rosemount
Please join us for cookies and refreshments in our bank lobby.
12/14-12/18 Winona Holiday Open House
9:00 a.m. – 4:00 p.m.
At Merchants Bank in Winona-Downtown
Please join us for cookies and refreshments in our bank lobby. Live music will be performed throughout the day by area schools.
12/17-12/18 La Crescent Holiday Open House
8:30 a.m. – 4:00 p.m.
At Merchants Bank in La Crescent
Please join us for cookies, coffee and holiday spirit in our bank lobby.
12/18 Cannon Falls Holiday Open House
8:30 a.m. – 6:00 p.m.
At Merchants Bank in Cannon Falls
Please join us for cookies and refreshments in our bank lobby. Live music will be performed throughout the day by area schools.
12/18 Gift Wrapping at the Mall
11:00 a.m. – 7:00 p.m.
Apache Mall in Rochester, MN
Stop by and have a member from the Merchants Bank Rochester team wrap your holiday gifts. Proceeds benefit Habitat for Humanity.
12/18 Hampton Holiday Open House
8:00 a.m. – 6:00 p.m.
At Merchants Bank in Hampton
Please join us for cookies and refreshments in our bank lobby. Piano music will be performed 2:00-4:00 p.m. by Elizabeth Schriever.
12/18 St. Charles holiday Open House
10:00 a.m. – 2:30 p.m.
At Merchants Bank in St. Charles
Please join us for refreshments in our bank lobby.
12/21 Red Wing Holiday Open House
8:30 a.m. – 5:00 p.m.
At Merchants Bank in Red Wing
Please join us for live music, cookies and refreshments in our bank lobby.11:00 a.m.-3:00 p.m. – Becky Clark & Shelly Schroeder
3:00-4:00 p.m. – Bells of the Bluffs – BoBLiTe bell choir
12/21-12/23 Rochester-Green Meadows Holiday Open House
8:30 a.m. – 5:00 p.m.
At Merchants Bank in Rochester – Green Meadows
Please join us for cookies and refreshments in our bank lobby.
12/21-12/23 Rochester-Northwest Plaza Holiday Open House
8:30 a.m. – 5:00 p.m.
At Merchants Bank in Rochester – Northwest Plaza
Please join us for cookies and refreshments in our bank lobby.
12/12 La Crescent Holiday Parade
7:00 p.m.
Downtown in La Crescent

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Help Us Support Your Local Food Shelves

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Voting is open now through Thursday, December 10 for Swipe Out Hunger. Cast your vote for your local food shelf and they could receive up to a $5,000 donation. Follow the instructions below to vote:

 

You may place a vote for the same food shelf once a day. Nominated food shelves include:

Apple Valley and Rosemount – The Open Door
Caledonia, Lanesboro, Rushford and Spring Grove – SEMCAC Food Shelf
Cannon Falls – Cannon Falls Food Shelf
Cottage Grove – Friends in Need Food Shelf
Eau Claire – Feed My People
Hampton – Randolph Community Food Shelf
Hastings – Hastings Family Services
La Crescent – La Crescent Food Share Program
Lakeville – 360 Communities
Onalaska – The Hunger Task Force of La Crosse
Red Wing – Red Wing Area Food Shelf
St. Charles – Southeast Minnesota Rural Education & Resource Center
Winona – Winona Volunteer Services

Swipe Out Hunger is a Merchants Bank initiative to support local food shelves in our communities. Food shelves are nominated by our branches and receive a donation based on the number of votes cast through our Facebook page. The total possible donation will increase based on the number of times our customers use their Merchants Bank debit or credit cards between November 30 and December 10.

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Congratulate New Staff

At Merchants Bank, we are happy to welcome new employees and celebrate new positions filled by current staff. These frontline employees are all looking forward to serving you. Take a moment to congratulate them.

BuschScottScott Busch has joined Merchants Capital as a Territory Manager. Scott has 19 years of experience in the commercial equipment finance industry with SLS Financial Services, Trans Lease Inc., and Key Equipment Finance. Scott is married with a 16 year old son and 13 year old daughter. He enjoys watching his kids play sports, as well as attending other sporting events.

 

 

DonohoeKelly

Kelly Donohoe has been promoted to Lead Teller in Lakeville in addition to her role in Customer Service. As Lead Teller, Kelly will be responsible for overseeing the Lakeville Teller team. She joined the Merchants organization in 2012 as a Part Time Teller in Apple Valley.

 

 

PetersonJimJim Peterson has joined Merchants Bank as a Commercial/Ag Banker in Cannon Falls. Jim has 16 years of commercial lending experience, working both in North Dakota and Minnesota. In addition to serving the needs in the Cannon Falls area, Peterson will also work with Ag customers in the Rochester area. Jim and his wife, Tina, are looking forward to being are looking forward to being active members of the Cannon Falls community.

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Should My Business Pay Employees Through Direct Deposit?

Merchants Bank, direct deposit

In 2014, 77% of business payment fraud occurred in the form of paper checks.* Did you know that you can help prevent fraud and provide a benefit to your employees by implementing one simple solution? The answer is direct deposit.

What is direct deposit? Direct deposit of payroll is the electronic transfer and deposit of employees’ net pay to their bank accounts anywhere in the U.S. through the Automated Clearing House (ACH) system. You, or your payroll processor, provide the Bank with your employees’ net pay information. Then we process your payroll file and deposit your employees’ paychecks into their bank account(s).

Many of our customers find it easier and quicker to generate ACH files using Merchants Online Banking. Your employees’ net pay is deposited automatically into their account(s) at the opening of bank business on pay day and is immediately available as cash. Your account is debited for the total net pay amount. It’s that easy.

Can direct deposit save my business time and money? Simply put, yes. Here’s how:

  • Spend less time on payroll by no longer needing to write/print, sign, fold and deliver checks
  • Stop re-issuing lost or stolen checks, which could also be a source for identity theft
  • Stop spending money on stop payment fees for lost or stolen checks
  • Stop spending money to print checks

According to Paychex, direct deposit can save a business anywhere from $2.87 to $3.15 per check.** Depending on the size of your business, this could amount to thousands of dollars each year.

How can direct deposit benefit my employees? While providing direct deposit is a benefit to your business, it is also a service many employees have come to expect. Employees appreciate the convenience that comes with direct deposit, including:

  • Immediate access to funds on payday without having to run to the bank to cash a check
  • Ability to direct funds into the account(s) of their preference by dollar amount or percentage
  • Protection from fraud by eliminating the possibility of a stolen or lost check with their personal information

To get started with direct deposit for your business, contact your local Merchants Bank.

Are you unsure about how to set up a payroll system for your business? Read this article from the SBA and then talk to one of our local Cash Management experts.

*http://www.afponline.org/pub/res/research/PaymentsFraud_InfoGraphic.html

**http://www.paychex.com/articles/payroll-taxes/benefits-of-direct-deposit-to-employees-and-employers

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