Merchants Bank, National Association
Merchants Bank, National Association of Winona, MN, chartered 1875: 22 offices, $2.88bn in assets. Straight from the federal record.
Merchants Bank, National Association is an FDIC-insured community bank headquartered in Winona, MN, chartered in 1875. It is supervised by the Office of the Comptroller of the Currency and held by Merchants Financial Group Inc. Every figure below is filed by the bank with its regulator and reproduced here unchanged.
Where Merchants Bank, National Association has branches
22 full-service offices across 2 states:
- Minnesota: 20 offices in 16 towns, holding $2.18bn at 30 June 2025
- Wisconsin: 2 offices in 2 towns, holding $232m at 30 June 2025
Merchants Bank, National Association on its latest Call Report, 30 June 2026
- Total assets: $2.88bn
- Total deposits: $2.50bn
- Tier 1 leverage ratio: 11.49%
- Total risk-based capital ratio: 14.60%
- Noncurrent loans, as a share of loans: 0.53%
- Return on assets: 1.23%
- Net interest margin: 3.65%
- Staff: 385
Compare Merchants Bank, National Association against every other bank with a branch in Minnesota, or find the offices nearest you.
Charter and office records from the FDIC BankFind Suite; capital, loan and earnings figures from the bank's own Call Report; deposits by office from the FDIC Summary of Deposits, counted each 30 June.