Merchants Bank, National Association

Minnesota, Winona County, Winona
100-106 East Third Street 55987, MN
Phone 507-457-1100
Hours Monday: 09:00 - 16:00
Tuesday: 09:00 - 16:00
Wednesday: 09:00 - 16:00
Thursday: 09:00 - 16:00
Friday: 09:00 - 17:00

Banks near Merchants Bank, National Association

Wells Fargo Bank
0.2 mi.
Wells Fargo Bank, Winona Downtown Branch
Minnesota, Winona County, Winona
125 Main Street, MN, 55987
Winona National Bank
0.2 mi.
Winona National Bank
Minnesota, Winona County, Winona
204 Main Street, MN, 55987
Merchants Bank
1.2 mi.
Merchants Bank, Merchants Lakeside Branch
Minnesota, Winona County, Winona
627 Mankato Avenue, MN, 55987
Winona National Bank
1.4 mi.
Winona National Bank, East Office
Minnesota, Winona County, Winona
840 Mankato Avenue, MN, 55987
Merchants Bank
1.5 mi.
Merchants Bank, Sugar Loaf Senior Living Branch
Minnesota, Winona County, Winona
765 Menard Road, MN, 55987
Wells Fargo Bank
1.5 mi.
Wells Fargo Bank, Winona Sugarloaf
Minnesota, Winona County, Winona
930 Parks Ave, MN, 55987
Citizens Community Federal
1.5 mi.
Citizens Community Federal, Winona Branch
Minnesota, Winona County, Winona
955 Frontenac Drive, MN, 55987
Alliance Bank
1.8 mi.
Alliance Bank, Bluff Siding Branch
Wisconsin, Buffalo County, Fountain City
W418 Bluff Siding Road, WI, 54629

Merchants Bank

EstablishedJan 1875
Number of domestic offices23

About Merchants Bank

Merchants Bank have been helping customers and supporting the communities the bank serves since 1875. Merchants offers a full line of loans and deposit products, such as checking, IRAs HSAs, mortgages, consumer loans, commercial loans, credit card and Wealth Management services.

In addition to the commitment to provide the best in financial products, Merchants shows its commitment to the community by its support of events and organizations through volunteer hours and monetary contributions.

Merchants’ locations range from the 1912 architectural gem that serves as the home office in Winona, MN, to the most recent location in Rosemount, MN. All told, Merchants Bank has 18 locations serving southeastern Minnesota and west-central Wisconsin. You will find Merchants Bank locations in Winona, Goodview, St. Charles, Rochester, Spring Grove, Caledonia, Rushford, Lanesboro, La Crescent, Cannon Falls, Red Wing, Hampton, Apple Valley, Cottage Grove, Hastings, Rosemount and Lakeville, MN, and Onalaska, WI. Merchants Capital Resources, a commercial equipment leasing subsidiary, is also a part of the Merchants family. The “flagship” Merchants Bank in Winona was founded in 1875.

Merchants Bank is owned by its employees and approximately 450 shareholders, mostly individuals and families from the areas served by its banks.

Apple Valley bank locations
7300 147th Street W, Suite 100
Apple Valley, MN 55124
Bank phone number: (952) 837-4050
Fax: (952) 432-3604
ABA (Routing) Number: 091900193

Caledonia bank locations
1 Sprague Square
PO Box 188
Caledonia, MN 55921
Bank phone number: (507) 725-3331
Fax: (507) 725-5562
ABA (Routing) Number: 091900193

Cannon Falls bank locations
300 West Main Street
Cannon Falls, MN 55009
Bank phone number: (507) 263-4281
Fax: (507) 263-5890
ABA (Routing) Number: 091900193

Cottage Grove bank locations
7200 East Point Douglas Road S
Cottage Grove, MN 55016
Bank phone number: (651) 459-2100
Fax: (651) 459-9407
ABA (Routing) Number: 091900193

Hampton bank locations
23280 Main Street
Hampton, MN 55031
Bank phone number: (651) 437-9535
Fax: (651) 437-2057
ABA (Routing) Number: 091900193

Hastings bank locations
1525 Vermillion Street
Hastings, MN 55033
Bank phone number: (651) 437-7760
Fax: (651) 437-7695
ABA (Routing) Number: 091900193

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Financial information

Total assets$1,655M
Net income$10M
Net income, quarterly$3M
Total deposits$1,373M
Domestic deposits$1,373M
Equity capital$194M
ROAQ, quarterly0.78%
ROA, pretax0.78%
ROAQ, quarterly, pretax1.23%
ROEQ, quarterly6.7%
UpdatedFeb 08, 2018

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.