Bank Branches › Banks › Merchants Bank, National Association
Merchants Bank, National Association
22 offices in 2 states as of June 30, 2026, down from 24 in 2020. $2.5 billion in deposits. Main office: 100 E 3rd St, Winona, MN. FDIC certificate 8866.
22
offices
2
states
−0
gone since 2025
+0
new since 2025
Where its offices are
Offices over time
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 3 | $211M | |
| Jun 30 1995 | 3 | · | $219M |
| Jun 30 2000 | 7 | +3 | $303M |
| Jun 30 2005 | 6 | · | $350M |
| Jun 30 2010 | 18 | +1 | $881M |
| Jun 30 2015 | 22 | · | $1.3B |
| Jun 30 2020PEAK | 24 | +2 | $2.1B |
| Jun 30 2025 | 22 | −1 | $2.4B |
| Jun 30 2026NOW | 22 | · | $2.5B |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 3 | $211M | |
| Jun 30 1995 | 3 | · | $219M |
| Jun 30 1996 | 3 | · | $217M |
| Jun 30 1997 | 3 | · | $221M |
| Jun 30 1998 | 3 | · | $237M |
| Jun 30 1999 | 4 | +1 | $256M |
| Jun 30 2000 | 7 | +3 | $303M |
| Jun 30 2001 | 7 | · | $303M |
| Jun 30 2002 | 7 | · | $310M |
| Jun 30 2003 | 6 | −1 | $312M |
| Jun 30 2004 | 6 | · | $316M |
| Jun 30 2005 | 6 | · | $350M |
| Jun 30 2006 | 6 | · | $359M |
| Jun 30 2007 | 6 | · | $382M |
| Jun 30 2008 | 13 | +7 | $588M |
| Jun 30 2009 | 17 | +4 | $890M |
| Jun 30 2010 | 18 | +1 | $881M |
| Jun 30 2011 | 18 | · | $891M |
| Jun 30 2012 | 19 | +1 | $1.0B |
| Jun 30 2013 | 19 | · | $1.0B |
| Jun 30 2014 | 22 | +3 | $1.2B |
| Jun 30 2015 | 22 | · | $1.3B |
| Jun 30 2016 | 22 | · | $1.3B |
| Jun 30 2017 | 22 | · | $1.4B |
| Jun 30 2018 | 22 | · | $1.4B |
| Jun 30 2019 | 22 | · | $1.5B |
| Jun 30 2020PEAK | 24 | +2 | $2.1B |
| Jun 30 2021 | 24 | · | $2.4B |
| Jun 30 2022 | 24 | · | $2.3B |
| Jun 30 2023 | 24 | · | $2.1B |
| Jun 30 2024 | 23 | −1 | $2.3B |
| Jun 30 2025 | 22 | −1 | $2.4B |
| Jun 30 2026NOW | 22 | · | $2.5B |
Counted under FDIC certificate 8866. When one bank buys another, the bought bank's offices move onto the buyer's certificate, so a jump here is usually a merger, not a building spree. Its earlier names and the banks folded into it →
Offices with the most deposits booked
| Office | Deposits |
|---|---|
| Merchants Bank, National AssociationWinona, MN | $557M |
| La Crescent BranchLa Crescent, MN | $166M |
| Cannon Falls BranchCannon Falls, MN | $160M |
| Onalaska BranchOnalaska, WI | $148M |
| Redwing BranchRed Wing, MN | $122M |
| Old Fnb Of Northfield BranchNorthfield, MN | $122M |
| Hastings BranchHastings, MN | $113M |
| Caledonia BranchCaledonia, MN | $108M |
| Lanesboro BranchLanesboro, MN | $96.4M |
| Northfield BranchNorthfield, MN | $95.8M |