Merchants Bank
Headquarters: Winona, Minnesota
Overview
Merchants Bank is an FDIC-insured bank headquartered in Winona, Minnesota. It reported $2.88B in assets and $2.50B in deposits for the period ending June 30, 2026. Bankular currently lists 22 branch locations.
What Bankular checked
These dates identify the official records and review steps supporting this profile.
Quarterly change
What changed since the previous report
March 31, 2026 to June 30, 2026
These comparisons use consecutive official regulatory reporting periods. A change is descriptive and is not a recommendation or safety rating.
Financial indicators
Capital, profitability and credit quality
These are the latest reported capital, profitability and credit-quality measures available for this institution. Read the figures together rather than as a single safety rating.
Branch footprint
Where Merchants Bank has branches
Explore the cities with the most currently listed locations. Branch hours can change, so confirm current lobby, drive-through and appointment hours with the institution before visiting.
Locations
Find a branch of Merchants Bank
Alliance Bank
2728 Mall Dr, Eau Claire, Wisconsin, 54701
Full-service branch · Opened December 13, 1971
Apple Valley Branch
7300 147th St W, Apple Valley, Minnesota, 55124
Full-service branch · Opened May 25, 1995
Caledonia Branch
115 W Washington St, Caledonia, Minnesota, 55921
Full-service branch · Opened January 1, 1857
Cannon Falls Branch
300 Main St W, Cannon Falls, Minnesota, 55009
Full-service branch · Opened April 10, 1878
Cottage Grove Branch
7200 East Douglas Point Road South, Cottage Grove, Minnesota, 55016
Full-service branch · Opened September 27, 2004
Goodview Facility
4124 Sixth Street-Goodview, Winona, Minnesota, 55987
Full-service branch · Opened June 11, 1979
Financial overview
Latest reported figures
Through June 30, 2026
Financial trends
How the balance sheet has changed
Compare recent quarters to see the direction of assets, deposits and loans.
| Quarter | Assets | Deposits | Net loans | ROA |
|---|---|---|---|---|
| June 30, 2026 | $2.88B | $2.50B | $2.04B | 1.23% |
| March 31, 2026 | $2.93B | $2.55B | $2.01B | 1.22% |
| December 31, 2025 | $2.90B | $2.52B | $2.03B | 1.23% |
| September 30, 2025 | $2.82B | $2.45B | $2.04B | 1.20% |
| June 30, 2025 | $2.77B | $2.41B | $2.07B | 1.11% |
| March 31, 2025 | $2.81B | $2.45B | $2.05B | 1.01% |
| December 31, 2024 | $2.78B | $2.43B | $2.09B | 0.78% |
| September 30, 2024 | $2.69B | $2.33B | $2.14B | 0.82% |
Size and reach
How this institution compares
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More on Merchants Bank
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Branch locations
22 listed locations.
Explore →Compare this institution
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Explore →State banking market
Explore institutions and deposit-market context in Minnesota.
Explore →Winona banking market
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Explore →Rankings and research
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Explore →Sources and methodology
Review the official sources and reporting periods.
Explore →Frequently asked questions
Is Merchants Bank federally insured?
Yes. Bankular identifies this institution in FDIC records under certificate 8866.
Where is Merchants Bank headquartered?
Merchants Bank is headquartered in Winona, Minnesota, at 100 E 3rd St, # 106, Winona, Minnesota, 55987.
How large is Merchants Bank?
It reported $2.88B in assets and $2.50B in deposits for the period ending June 30, 2026.
How many locations does Merchants Bank have?
Bankular currently lists 22 branch locations for this institution.
Data sources and methodology
Bankular combines official regulatory records with institution-published product information. The detailed sources are available below for readers who want to verify a figure.