Merchants Bank

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1611 Honey Locust Dr
Northfield, MN 55057
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 thrive. As part of our community commitment, we provide monetary support and thousands of volunteer hours each year to many worthwhile organizations. We believe in local community decisions backed by the regional strength of our entire company footprint. Merchants Financial Group (MFGI) is the parent company for Merchants Bank and Merchants Bank Equipment Finance. With total assets exceeding $2.1 billion, MFGI is among the largest independent financial organizations in our region. We are proud of our local ownership.

Reviews

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2.53 reviews
Sue E.
12/5/2025

I have an issue with an employee. Hasn't stop me from banking there but I also pay very close attention to everything. But over all I really like all the friendly employees that work there. Always...

Juan F.
5/15/2024

We were very happy banking with First National until they switched to Merchants management. Some of the staff stayed, but the branch appears to struggle. There doesn't seem to be much...

Kristen N.
6/8/2022

By far the worst Bank and customer service I have ever received. I have been banking there for over 15 years. They switched over to merchants from First National and right away the employees...

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