Randy Bachman Promoted To Consumer & Commercial Banking Officer

BachmanRandy

Randy Bachman has been promoted to Consumer & Commercial Banking Officer at Merchants Bank, according to Twin Cities Regional President Lawrence Stovern.

“Randy is already so familiar with the Cottage Grove business community through his role as Branch Manager and involvement with the local Chamber of Commerce,” said Stovern. “With the addition of commercial banking to his skill set, he’ll be able to help business with all of their financial needs from treasury management to financing.”

Bachman has been in banking for more than 10 years. He began his career at Merchants Bank in 2012 as a Personal Banker. Since then he has been promoted to Personal Banking Manager in 2012 and most recently became a Consumer Banker and Branch Manager in 2016.

“Moving into commercial banking was a natural next step for me since I already work with businesses for their deposit accounts and services. I’m excited to now be able to walk business customers through traditional financing options and help meet specialized needs like floor plan financing and leasing,” said Bachman.

The Merchants Bank Commercial Lending team is comprised of more than 40 local experts, available throughout our regional footprint. In addition to traditional commercial loans, Merchants bankers specialize in ag banking, SBA loans, floor plan financing and equipment lease financing. As a regional banking leader, Merchants can assist businesses of any size with their business financing needs, including Treasury Management and deposit 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 nearly $2 billion in assets and was founded in 1875.

Rick Jaacks Joins Merchants Bank as Vice President/Commercial Banker

Rick Jaacks, Commercial Banker

Rick Jaacks has joined Merchants Bank as a Vice President/Commercial Banker, according to Randy Domeyer, Senior Vice President and Commercial Banking Manager for Merchants in Winona.

“Rick’s extensive background in commercial lending will complement our already talented team,” said Domeyer. “He truly understands the personalized approach to banking that makes a difference for our business customers.”

With a banking career that spans more than 30 years, Rick brings strong experience in commercial and ag lending, treasury management and credit quality management to Merchants. He was previously a Business Development Officer for Community Bank and Trust in Iowa and has spent most of his career working for community banks. Rick is also a Small Business Administration (SBA) lending expert.

“Being a community banker is a privilege and I’m looking forward to continuing to embrace the community banking philosophy that’s been so important to Merchants Bank’s success. It’s about getting to know my customers’ individual needs and adding value as their financial partner,” said Rick.

In Iowa, Rick was actively involved with Waterloo Main Street, multiple commissions for the City of Waterloo, served as a Board Member for the North East Iowa Food Bank and looks forward to becoming involved in the Winona community as well. He and his wife, Heather, will be relocating to Winona.

The Merchants Bank Commercial Lending team is comprised of more than 40 local experts, available throughout our regional footprint. In addition to traditional commercial loans, Merchants bankers specialize in ag banking, SBA loans, floor plan financing and equipment lease financing. As a regional banking leader, Merchants can assist businesses of any size with their business financing needs, including Treasury Management and deposit services.

Merchants Bank is a full service community bank with 21 branches in southeastern Minnesota and west-central Wisconsin. Headquartered in Winona, MN, the Bank has more than $1.76 billion in assets and was founded in 1875. Loans are subject to approval.

Is Your Business Bank Account Costing You Too Much?

Your business is constantly changing. When was the last time you reviewed your business accounts to ensure the best return and most efficient cash flow?

Ask the questions below about your current account(s) to reveal unnecessary spending, maximize your earnings and improve efficiency and security.

Infographic explaining how to assess your current banking account for potential savings and earnings increases.

If you’ve answered yes or maybe to even one of these questions, you may be thinking, “I wish a professional could take a look at this for me.” We’d be happy to! We can provide a free, no-obligation account analysis. Just contact a Treasury Management Specialist to get started.

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Becky Zoellner Promoted To Treasury Management Officer

Becky Zoellner - Treasury Management Officer

Becky Zoellner has been promoted to Treasury Management Officer at Merchants Bank, according to Shawn Sackman, SVP/Senior Lending Officer.

“Becky consistently provides excellent customer service to our business clients, demonstrates a strong work ethic and continues to be a valuable team member. She has also played a critical role in improving our Treasury Management processes and offerings,” said Sackman.

Zoellner has been in banking for nearly 10 years and joined Merchants in 2012. She has previous experience as a Credit Manager and Personal Banker and began working in the Treasury Management area in 2016. Zoellner is dedicated to partnering with commercial clients across the Southern Region of Merchants’ footprint in the markets of La Crosse, La Crescent, Caledonia, Spring Grove, Rushford and Lanesboro.

“Merchants Bank is a regional leader in Commercial Banking and continues to make technology investments in Treasury Management services,” said Zoellner. “Our customers have access to premium efficiency and security options. Being at the table to develop and design our updated Treasury Management suite has given me the opportunity to be a real advocate for our business customers.”

Zoellner will be graduating with a Masters in Business Administration from the University of Wisconsin-La Crosse in May 2019.

The Merchants Bank Treasury Management & Commercial Lending team is comprised of more than 40 local experts, available throughout our regional footprint. Merchants’ Treasury Management Specialists help with cash flow strategies, custom account protection tools and effective options for collecting and making payments. As a regional banking leader, Merchants Bank can assist businesses of any size with their business financing needs, including traditional commercial loans, leases and special loan program offerings.

Merchants Bank is a full-service community bank with 21 branches in southeastern Minnesota and west-central Wisconsin. Headquartered in Winona, MN, the Bank has more than $1.75 billion in assets and was founded in 1875. Member FDIC.