Kaleb Storm promoted to assistant vice president/commercial & ag banker at Merchants Bank


Kaleb Storm has been promoted to assistant vice president/commercial and ag banker at Merchants Bank, according to Steve Christopherson, senior vice president and commercial banking manager.

“Kaleb has really earned this position. He has shown strong leadership skills, an understanding of our community and has been instrumental in our customers’ success as they grow,” said Christopherson.

Storm has been with Merchants as a commercial and ag banker since April 2018. Since coming to Merchants, Storm has served Winona in more ways than financing local businesses. He also contributes his time to the Winona Area Chamber of Commerce both as an ambassador as well as serving on the Agri-Business Committee, teaching Junior Achievement classes for area schools and with community-focused causes like 10 Days of Giving.

“It has been a privilege to serve the Winona community. I’m very fortunate to work with our wonderful customers and this incredible team. I look forward to continuing to be a trusted advisor and resource for businesses as we all work toward economic recovery,” said Storm.

The Merchants Bank Commercial Lending team is comprised of more than 40 local experts, available throughout our regional footprint. In addition to traditional commercial loans, Merchants bankers specialize in ag banking, SBA loans, floor plan financing and equipment lease financing. As a regional banking leader, Merchants can assist businesses of any size with their business financing needs, including Treasury Management and deposit services.

Merchants Bank is a full service community bank with 21 bank locations in southeastern Minnesota, two bank locations in west-central Wisconsin and a leasing division, Merchants Bank Equipment Finance, in Edina. Headquartered in Winona, MFGI has more than $2.5 billion in assets. Merchants was founded in 1875. Merchants is an equal housing lender and loans are subject to credit approval. Member FDIC.


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