• Merchants Bank of Northfield - Downtown

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    Banks & Credit Unions

    About Us

    A True Community Bank - We have rich history dating back to our founding in 1875, but more importantly, we have a bright future providing banking services to help individuals and businesses in our communities thrive. As part of our commitment to the communities we serve, we provide monetary support and thousands of volunteer hours each year to many worthwhile organizations.

    Local Ownership - Merchants Financial Group (MFGI) is the parent company for Merchants Bank and Merchants Bank Equipment Finance. We are proud to be locally owned by our employees through our Employee Stock Ownership Program (ESOP) and approximately more than 700 individuals and families mostly from southeastern Minnesota and west-central Wisconsin.

    Local Leadership - Our local leadership structure encourages decisions based on community needs and the local economy. By design, each community we serve has its own Bank President.

    We also rely on local advisory boards to provide meaningful feedback and strategic direction. Our advisory boards are local leaders, representing many areas including local business, education and agriculture industries.