p) 952.469.2020  e) info@lakevillechambercvb.org

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Merchants Bank Lakeville

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Banks & Credit Unions

About Us

Merchants Bank offers a complete line of commercial banking solutions for businesses of all sizes: Checking, savings and CDs, loans and lines of credit, treasury management solutions, digital banking, employee benefit plans, ag loans, commercial lease financing, floor plan financing, card processing, wealth management, local loan servicing, secondary market correspondent mortgage program. We are an SBA and FSA preferred lender. Member FDIC. Equal Housing Lender.

We have a rich history dating back to our founding in 1875, and a bright future providing banking services to help individuals and businesses thrive. We provide monetary support and thousands of volunteer hours each year to many community 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 $1.6 billion, MFGI is among the largest independent financial organizations in our region. Our stockholders include our employees, through our Employee Stock Ownership Program (ESOP), and just over 700 individuals and families.

Merchants Bank Trust Department - Certified Trust and Financial Advisor, Certified Financial Planner, Certified Retirement Services Professional, Chartered Mutual Fund Counselor

Merchants Investment Services - Securities Licenses 7, 63, 65, 66. Accident, Health, Life, Variable Life and Variable Annuity insurance licenses. Securities offered through Securities America, Inc, Member FINRA/SIPC.

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Merchants Bank in Lakeville

Rep/Contact Info

Kelly Donohoe
Personal Banking Manager
  • Phone: (952) 841-4260
Mary Gordon
Media & Communications
  • Phone: (952) 841-4260
Alejandra Hernandez Silva
Lead Teller
  • Phone: (952) 841-4260
Mark Kragness
Vice President
  • Phone: (952) 841-4260
Jim Louwagie
Vice President
  • Phone: (952) 841-4260
Tim Nelson
Mortgage Lender
  • Phone: (952) 841-4260
Lawrence Stovern
Regional President
  • Phone: (952) 841-4260
Pamela Timp
Lending Assistant Team Lead
  • Phone: (952) 841-4260
Daniel Vlasak
Market President/Senior Lending Officer