Merchants Financial Group, Inc.

Detailed Description

Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association, and First National Bank of Northfield that provides various banking products and services to individuals, businesses, and companies in the United States. The company offers checking accounts, savings accounts, health savings accounts, checking accounts for military, certificates of deposit accounts, and individual retirement accounts, as well as credit, gift, and travel cards. It also provides personal loans for cars, boats, trailers, motorcycles, tractors, or RVs; furniture or appliances; debt consolidation services; and others, as well as home equity loans, mortgage loans, and overdraft protection loans. In addition, the company offers commercial and small business loans; term loans; commercial real estate loans; floor plan financing; lines of credit; fleet/truck loans; and lease finance, as well as finance for farming operations, including working capital and input costs, equipment, capital improvements, and others. Further, it provides investment and trust, treasury management, mobile and online banking, and wire transfer services. The company operates branches in Winona, Goodview, Rushford, Lanesboro, St. Charles, Rochester, La Crescent, Caledonia, Spring Grove, Cannon Falls, Red Wing, Hampton, Hastings, Apple Valley, Lakeville, Cottage Grove, Rosemount, and Northfield, Minnesota; and Onalaska and Eau Claire, Wisconsin. Merchants Financial Group, Inc. was founded in 1875 and is based in Winona, Minnesota.