Merchants Bank Establishes Rochester Advisory Board of Directors

Rochester Advisory Board

Pictured (l-r): Bruce Ryan (Board Chairman), Ryan Windows & Siding; John Beatty, Dunlap & Seeger, P.A.; James Rogers, Mayo Clinic; Melissa Brinkman, Custom Alarm; Aaron Benike, Alvin E. Benike, Inc.

As Merchants Bank continues to grow in Rochester, Merchants has established a Rochester Advisory Board of Directors, according to Advisory Board Chairman Bruce E. Ryan.

“Merchants Bank has continued its growth throughout the area and in Rochester, partly because of our model of local decision making in each market,” said Ryan, who also serves on the Merchants Financial Group, Inc. (MFGI) Board. MFGI is the holding company that owns Merchants Bank. “As we continue to grow our market share, putting our local Advisory Board in place in Rochester is the next logical step.”

Ryan, President of Ryan Windows & Siding, Inc., has been joined on the Advisory Board by John Beatty, an Attorney at Dunlap & Seeger, Aaron Benike, President and Co-Owner at Benike Construction, Melissa Brinkman, CEO of Custom Alarm, and James Rogers, Chair, Department of Business Development at Mayo Clinic.

“We are fortunate to have this talented group of leaders helping to guide our decisions in Rochester,” said Merchants Bank – Rochester President John Doyle. “They believe in Rochester’s growth potential and know that Merchants Bank has the resources and staff to help individuals and businesses reach and exceed their goals.”

MFGI President and CEO Greg Evans said the Merchants Bank culture is one of the reasons the Advisory Board members chose Merchants.

“It is important to all of our team members to know our customers by name, and to make sure those customers are truly satisfied with their experiences with Merchants Bank,” Evans said. “Our team members spend time volunteering in the community to make it better. That is part of what makes a community bank like ours important to the people we serve. As people who have exhibited a commitment to improving Rochester, I think that is important to our Advisory Board.”

MFGI recently announced its second year in a row of record earnings, with Rochester again being one of the top performers. The Board and Advisory Board leadership structure is well-established in the Merchants culture and has contributed to the growth of the organization.

MFGI owns 21 Merchants Bank locations, including Minnesota locations in Rochester, Winona, St. Charles, Goodview, Rushford, Lanesboro, Caledonia, La Crescent, Spring Grove, Cannon Falls, Red Wing, Hampton, and the southern Twin Cities metropolitan suburbs of Apple Valley, Cottage Grove, Hastings, Lakeville and Rosemount. Merchants has Wisconsin locations in Eau Claire and Onalaska. All banks are FDIC members and equal housing lenders. Additionally, MFGI also owns Twin Cities-based Merchants Bank Equipment Finance, a division of Merchants Bank, N.A.

Meet the Winners of Merchants Bank’s Money Ball in Cannon Falls

Jenny Holz from Merchants Bank pictured with winners Avery Rustad (left) and Ashlyn Sjoquist (right).

During the Cannon Falls and Kasson-Mantorville Girl’s basketball game Friday, January 20, two students claimed prizes for making shots during Merchants Bank’s Money Ball, according to Jenny Holz, who is coordinating Money Ball for Merchants Bank.

Avery Rustad, a 4th grader, made a lay-up and free throw and earned $15. Ashlyn Sjoquist, an 8th grader, made a free throw and a 3-pointer to earn $35.

“It was a lot of fun, and we were happy that Avery and Ashlyn were such good shots,” Holz said. “I hope we have a student make the half-court shot next time.”

To be eligible, students sign up before halftime of the varsity game. Two contestants are then chosen randomly, one from 1st-5th grade and another from 6th-12th grade. Each contestant has a minute to make shots. The 1st-5th grader wins $5 for a made lay-up, $10 for made free throw, and then if both shots have been made, the student has one chance to win $25 for a made 3-pointer. If a 3-pointer isn’t made, the money rolls over to the next game. The 6th-12th grader wins $10 for a made free throw, $25 for a 3-pointer, and if both shots have been made, the student has one chance to win $100 for a half-court shot. If the half-courter isn’t made, the money rolls over to the next game.

The next chance for students to take part in Money Ball in Cannon Falls is the Boy’s game Feb. 3 against Kenyon-Wanamingo. There will also be a chance for students to take part in the Girl’s game Feb. 10 against Goodhue.

Money Ball is at Cannon Falls High School for 4 Games in 2016-2017

MoneyballBlog

Merchants Bank’s Money Ball will be making its debut in Cannon Falls for four games during the 2016-2017 basketball season, according to Jenny Holz, who is coordinating Money Ball for Merchants Bank.

To be eligible, students sign up before halftime of the varsity game that night. Two contestants are then chosen randomly, one from 1st-5th grade and another from 6th-12th grade. Each contestant has a minute to make shots.

The 1st -5th grader wins $5 for a made lay-up, $10 for made free throw, and then if both shots have been made, the student has one chance to win $25 for a made 3-pointer. If a 3-pointer isn’t made, the money rolls over to the next game. The 6th-12th grader wins $10 for a made free throw, $25 for a 3-pointer, and if both shots have been made, the student has one chance to win $100 for a half-court shot. If the half-courter isn’t made, the money rolls over to the next game.

Money Ball will take place during high school home games:

Boys’ Games:

  • Dec. 30         New Life Academy
  • Feb. 3            Kenyon-Wanamingo

Girls’ Games:

  • Jan. 20          Kasson-Mantorville
  • Feb. 10          Goodhue

No customer relationship is necessary to enter or win. Merchants Bank employees and family members are not eligible to enter or win.

“10 Days of Giving” Food Drive Has a Good Beginning

10daysofgivingblog

Through Tuesday, Merchants Bank’s 28th annual “10 Days of Giving” Food Drive was at 97,036 pounds of food collected.

The number of pounds of food collected included $47,976 in cash and 1,084 pounds of food. Included in the amount was a $10,000 anonymous donation. Two pounds of food are counted for each dollar collected. Through the same time last year, 117,381 pounds of food had been collected.

“We are always truly amazed at the generosity of the people in our community, especially as it relates to helping others,”said Jennifer Welch of Merchants Bank, one of this year’s co-chairs.

Last year, more than 231,233 pounds of food was collected, making the 27-year total 2,839,415 pounds of food. With totals to date for this year, the “10 Days of Giving” Food Drive is at 2,936,451 pounds of food collected.

“We are looking forward to the remainder of the drive,” Welch said. “We expect there will be great turnouts for the Holiday Train on Thursday and at the Santa House on Saturday and Sunday.”

The Canadian Pacific Holiday Train is scheduled to arrive at 4 p.m. at the Winona Amtrak Station. The Santa House is open at 25038 County Road 9 1-5 p.m. Saturday and 2-5 p.m. Sunday. Suggested admission to the Santa House is $5 per person or nonperishable food items. Pictures with Santa will be available for $3 a photo.

Merchants will be collecting nonperishable food items at its locations as well as at schools and participating businesses around the area. A list of participating schools and businesses is at www.merchantsbank.com/10daysofgiving. Monetary donations can be made out to “10 Days of Giving” and can be mailed to, or dropped off at Merchants Bank, 102 E. 3rd Street, Winona, MN 55987. If you would like to make a donation online, you can go directly to the Winona Volunteer Services website: winonavs.org. Indicate ” 10 Days of Giving”after entering your name.

Welch, Anderson Named “10 Days of Giving” Co-Chairs

10dayscochairs

Jennifer Welch and Chad Anderson have been named co-chairs for Merchants Bank’s 2016 “10 Days of Giving”Food Drive, which runs December 1-10. The effort, which benefits food shelf programs operated by Winona Volunteer Services, will be celebrating its 28th year. To date, more than 2.8 million pounds of food have been collected.

“The participation we see from businesses, schools, individuals and others is inspiring,”said Welch, the Bank’s Events and Adventures Coordinator, who is serving her third year as co-chair. “We see many people give who have benefitted from the effort in the past. They know what it’s like to wonder if they are going to have enough to eat.”

Last year, the “10 Days of Giving”collected 231,233 pounds of food. It was the third highest total ever collected. Two pounds of food are calculated for each dollar brought in. The percentage of monetary donations keeps increasing each year.

“It is wonderful to see the community come together for a common cause,”said Anderson, a Commercial Banker, who is serving his first year as co-chair. “That includes the members of our team here at Merchants Bank. It’s truly a company effort to help make sure no one in Winona County goes hungry this winter.”

Through the end of 2015, 860 households used the food shelf at Winona Volunteer Services each month and 73 households used the food shelf on an emergency basis each month. The average amount of food distributed each month was 35,162 pounds.

As in the past, Merchants will be collecting at its locations as well as at schools and participating businesses around the area. For questions, please call Welch at 457-1108 or Anderson at 457-1196. The “10 Days of Giving”will officially kick off with a press conference at 9 a.m., December 1 at Merchants Bank in downtown Winona. Monetary donations can be made out to “10 Days of Giving”and can be mailed to, or dropped off at Merchants Bank, 102 E. 3rd Street, Winona, MN 55987. If you would like to make a donation online, you can go directly to the Winona Volunteer Services website: www.winonavs.org. Indicate “10 Days of Giving”after entering your name.