"Where Fillmore County News Comes First"
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Wednesday, September 17th, 2014
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Merchants Bank Hires New Information Technology Leader


Tue, Aug 5th, 2014
Posted in All Business Announcements

WINONA, Minn. – Rodney Nelsestuen has joined Merchants Bank as Senior Vice President and Chief Information Officer, according to Sue Savat, Senior Vice President and Chief Financial Officer.



“Rodney’s expertise in planning, implementing and managing technology services will be a benefit to our customers. With his leadership, Merchants will focus on technology that best fits the needs of our customers and company operations,” said Savat.



Nelsestuen has been in the financial services industry for his entire career, including most recently at Eastwood Bank as the Vice President of Information Technology. He also has experience as a consultant for global financial institutions and technology companies.



“Merchants’ top priority is customer service and satisfaction. I look forward to contributing to that culture of service by bringing a sharper focus to technology services and the Information Technology team,” said Nelsestuen.



Nelsestuen graduated first in his class from the Graduate School of Banking in Madison. He holds a graduate certificate in Information Systems Management from the Keller Graduate School of DeVry University in Milwaukee and Chicago and a Master of Fine Arts from Hamline University in St. Paul. He received his Master in Business Administration from the Keller Graduate School and his undergraduate degree from the University of Wisconsin - Madison.



Merchants Bank has $1.4 billion in assets and 21 locations, including Minnesota locations in Winona, Rushford, Lanesboro, St. Charles, Goodview, Rochester, Caledonia, La Crescent, Spring Grove, Cannon Falls, Red Wing, Hampton, and the southern Twin Cities metropolitan suburbs of Apple Valley, Cottage Grove, Hastings, Lakeville and Rosemount. Merchants has Wisconsin locations in Eau Claire and Onalaska. Merchants Bank was founded in 1875. Merchants Capital, the company’s leasing arm, is based in the Twin Cities.



Merchants has more than 440 employees. The ownership of Merchants Financial Group is made up of its employees and approximately 400 shareholders, mostly individuals and families from southeastern Minnesota and west-central Wisconsin.

Photo contest for 2014 Fillmore County plat book

Fri, Aug 1st, 2014
Posted in All Business Announcements

The Fillmore Soil and Water Conservation District (SWCD) is seeking scenic photos of Fillmore County to include in the 2014 edition of the Fillmore County Land Atlas and Plat Book to be published in September by Rockford Map Publishers. If you have ..... 
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Merchants Financial Group, Inc. reports net income ahead of plan and last year for the first half of 2014

Thu, Jul 31st, 2014
Posted in All Business Announcements

WINONA, Minn. – Merchants Financial Group, Inc. (MFGI) reported net income of $6,948,081 for the first six months of the year. The income is both ahead of plan and ahead of last year’s income of $6,104,872 for the first half of the year, accordi ..... 
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Caboose dedication set for August 16

Fri, Jul 25th, 2014
Posted in Preston Business Announcements

A 1951 Milwaukee Road Caboose No. 02095 is the newest addition to the Preston Historical Society campus in Preston. A dedication of the caboose will be held on Saturday, August 16 at 10:30 a.m. at the Trailhead Parking Lot Area, Corner of Center an ..... 
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Legacy research fellowship applications due October 1

Fri, Jul 25th, 2014
Posted in All Business Announcements

The Minnesota Historical Society is pleased to announce the second round of Legacy Research Fellowships. Applications are due October 1, 2014, with Fellowship research to begin January 1, 2015. Awards of $1,000 or $5,000 are available to successfu ..... 
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SMIF Announces $100,000 in Grants Available

Tue, Jul 22nd, 2014
Posted in All Business Announcements

As part of its effort to invest in economic growth within the region, Southern Minnesota Initiative Foundation (SMIF) is offering $100,000 in Incentive Grants to 501(c)(3) nonprofit organizations or units/agencies of local, state, or federal governme ..... 
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AgStar announces upcoming retirement of CEO

Fri, Jul 11th, 2014
Posted in All Business Announcements

Mankato, Minn., – AgStar Financial Services, ACA today announced that President and Chief Executive Officer Paul DeBriyn has decided to retire as CEO, effective immediately. However, DeBriyn will stay on for the next nine months serving as strateg ..... 
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Rushford Grace Place is pleased to announce their 4th annual Rushford Grace Place silent auction with funds donated to Thrivent

Thu, Jul 10th, 2014
Posted in Rushford Business Announcements

Grace Place is once again celebrating Rushford Days with their 4th annual silent auction. This year the location will be at the Sterling Pharmacy location at Norsquare 115 W. Jessie Street Rushford, directly across the street from Grace Place hours ..... 
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Semcac food shelves participate in Open Your Heart to the Hungry & Homeless

Fri, Jun 27th, 2014
Posted in All Business Announcements

All four of the Semcac food shelf locations are participating in 2014 Open Your Heart to the Hungry and Homeless, a donation challenge sponsored by Hunger Solutions that takes place during the month of July. Semcac is a member of Hunger Solutions Mi ..... 
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