Merchants Financial Group, Inc. (MFGI)
OTCMKTS · Delayed Price · Currency is USD
36.50
0.00 (0.00%)
May 5, 2026, 10:12 AM EST

Merchants Financial Group Company Description

Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association that provides various banking products and services to individuals and companies in the United States.

The company offers deposit products, including checking, savings, money market, and individual retirement accounts, as well as certificates of deposit.

It also provides loans, such as personal, home equity, commercial, agriculture, small business, mortgage, and construction loans, as well as floor plan financing and mortgage products, as well as debit, gift, travel, and credit cards.

In addition, the company offers treasury management, investment, trust, and mobile and online banking services.

It operates branches in Winona, Goodview, Rushford, Lanesboro, St. Charles, Rochester, La Crescent, Caledonia, Spring Grove, Cannon Falls, Red Wing, Hastings, Apple Valley, Lakeville, Cottage Grove, Rosemount, and Northfield in Minnesota; and Onalaska and Eau Claire, Wisconsin.

Merchants Financial Group, Inc. was founded in 1875 and is headquartered in Winona, Minnesota.

Merchants Financial Group, Inc.
Merchants Financial Group logo
CountryUnited States
Founded1875
IndustryBanks - Regional
SectorFinancials
Employees450
CEOGregory Evans

Contact Details

Address:
102 East Third Street
Winona, Minnesota 55987
United States
Phone507 457 1100
Websitemerchantsbank.com

Stock Details

Ticker SymbolMFGI
ExchangeOTCMKTS
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyUSD
ISIN NumberUS5885381088
SIC Code6020

Key Executives

NamePosition
Gregory M. EvansPresident, Chief Executive Officer and Director
Susan M. Savat CPASenior Vice President and Chief Financial Officer
Julie CarstensenChief Operations/Process Officer
Steve MolanderChief Information Officer
Mary R. GordonVice President and Director of Marketing
Cindy L. HarrisonChief Credit Officer
Richard BarryPresident of Merchants Bank Equipment Finance
Andrew J. GuzzoChief Banking Officer and President of Winona
Daniel D. MassettRegional President of North Region
Erick MakiRegional President of South Region