Jon Marley Named Market President for Merchants Bank in St. Charles

Jon Marley, Market President/Ag & Commercial Banker

Experienced Ag/Commercial Banker, Jon Marley has been named the new Market President for Merchants Bank in St. Charles, according to Andrew Guzzo, Winona & Southeast Regions President.

“Jon brings a broad and deep agriculture centric background to Merchants, which will be critical to his role in St. Charles. Moreover, he embraces the community service culture that Merchants Bank embodies,” said Guzzo.

Marley has 30 years of commercial/ag banking and sales experience. In addition to working for two community banks in Indiana, he was a crop mix and hog farmer for more than three decades. Marley was most recently the Community Market President for Salin Bank and Trust in Indianapolis. He was also previously a Seed Dealer and Crop Insurance Agent for Pioneer Hi Bred International.

“I’m proud to say I’ve been in farming for more than 30 years, ever since my dad bought a farm when I was in elementary school,” said Marley. “I’m looking forward to being a resource for Merchants Bank ag and business customers and becoming a part of the St. Charles community.”

Marley attended Purdue University, earning a Bachelor of Science in Agricultural Economics. He and his wife, Julie, will be relocating to the St. Charles area and are looking forward to becoming involved in the community. His hobbies include reading and gardening and he also enjoys spending time with his four grown children.

Since 1989, Merchants Bank has been a community partner in St. Charles helping individuals, businesses and farmers achieve their financial goals. With a focus on personal deposits and ag/business financing, Merchants has been fortunate to grow with the St. Charles 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 21 bank locations in southeastern Minnesota, two bank locations in west-central Wisconsin and a leasing division, Merchants Bank Equipment Finance, in Edina. Headquartered in Winona, MN, MFGI has more than $2.1 billion in assets. Merchants was founded in 1875.

Jerad Brown Promoted To Commercial/Ag Banking Officer

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Jerad Brown has been promoted to Commercial/Ag Banking Officer according to Ken Graner, Market President for Merchants Bank in Lanesboro and Rushford.

“Jerad goes above and beyond to build personal relationships with his ag and business customers. It’s important to him to understand the unique aspects of each business or farming operation so he can recommend financing solutions that make sense and help the business reach their goals,” said Graner.

Brown has been in the banking industry since 2015 and began his career as a credit analyst. In 2017, he joined Merchants Bank in Lanesboro and Rushford as a Commercial and Ag Banker. He has a degree in Agricultural Science from South Dakota State University. Brown is a Rushford native and graduated from Rushford-Peterson High School.

“Getting to know my customers and visit their operations is the best part of my job. I like working with my friends and neighbors and knowing that I’m making a positive impact on our local economy,” noted Brown.

Since 2013, Merchants Bank has been a community partner in Rushford and Lanesboro, helping individuals and businesses achieve their financial goals. With an expertise in personal and business deposit account solutions and business and ag financing, Merchants has been fortunate to have a hand in growing the local economy. 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 21 bank locations and one loan production office in southeastern Minnesota and two bank locations in west-central Wisconsin. Headquartered in Winona, MN, the Bank has more than $2 billion in assets and was founded in 1875. Loans are subject to credit approval.

Jerad Brown Has Joined Merchants Bank in Rushford and Lanesboro as a Commercial and Ag Banker

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Jerad Brown, Commercial & Ag Banker

Area native Jerad Brown has joined Merchants Bank in Rushford and Lanesboro as a Commercial and Ag Banker, according to Ken Graner, President for Merchants Bank in Rushford and Lanesboro.

“Jerad has the right mix of experience, interest and personality to be successful as a banker and, more importantly, to help our customers grow,” Graner said. “His work in credit analysis and his interest and experience in business and ag will be a benefit to the people he serves.”

For the past two years, Brown has worked with Rushford State Bank as a credit analyst, looking at agriculture and commercial loans, including an emphasis on the Farm Service Agency (FSA) guaranty program. A graduate of Rushford-Peterson High School and South Dakota State University, he served as a member of the South Dakota State University Livestock Judging Team. At SDSU, Brown majored in Agriculture Science and had minors in Animal Science and Agriculture Business.

“The people who live here are my neighbors. I know what’s important to them, and I know how important it is for our local economy for our farms and businesses to succeed,” Brown said. “I look forward to putting my knowledge and energy to work for Merchants Bank and our customers.”

John Diersen Joins Board of Directors

DiersenJohnWell-known local Dairy Farmer John Diersen has been appointed to the Merchants Bank in Caledonia and Spring Grove Advisory Board of Directors, according to Matt Schuldt, President for Merchants Bank in Caledonia and Spring Grove.

“John is a valuable addition to the Board. He brings us a lot of knowledge about farming and the ag community, especially the dairy industry,” Schuldt said. “Plus, he’s about improving the community. He and his family give a lot back and are a big part of our area.”

Diersen is looking forward to giving his time and knowledge to the Board.

“I want to be able to contribute to the Board, not just be someone sitting in a chair,” Diersen said. “I’ll be able to provide input as far as farming, helping to pinpoint what to look for when it comes to the business of agriculture.”

Diersen, 62, farms with his wife, Karyl, and two sons, Joshua and Jayson, at Minnigan Hills Farm outside of Caledonia. The farm has been in the family since John’s grandfather. Currently, they farm 500 acres and milk between 135 and 150 Holsteins. Diersen is involved in the embryo business with three other local dairymen in Four Cal Genetics. The Diersens have also been involved in the American Dairy Association for many years and take a lead role in the Houston County Fair. John is a member of St. John’s Lutheran Church and has served on the board of directors at the church.