Hampton Branch Temporarily Closed
Our branch in Hampton is temporarily closed due to smoke damage. For service, please contact us or visit another nearby Merchants Bank location in Cannon Falls, Hastings or Northfield. Thank you.
Hours
Lobby Hours
| Monday | 9:00 a.m. - 4:00 p.m. |
|---|---|
| Tuesday | 9:00 a.m. - 4:00 p.m. |
| Wednesday | 9:00 a.m. - 4:00 p.m. |
| Thursday | 9:00 a.m. - 4:00 p.m. |
| Friday | 9:00 a.m. - 5:00 p.m. |
| Saturday | Closed |
| Sunday | Closed |
Drive Up Hours
| Monday | 7:30 a.m. - 5:00 p.m. |
|---|---|
| Tuesday | 7:30 a.m. - 5:00 p.m. |
| Wednesday | 7:30 a.m. - 5:00 p.m. |
| Thursday | 7:30 a.m. - 5:00 p.m. |
| Friday | 7:30 a.m. - 5:30 p.m. |
| Saturday | 8:00 a.m. - 12:00 p.m. |
| Sunday | Closed |
Observed Holidays
- January 1
- Closed for New Year's Day
- May 27
- Closed for Memorial Day
- July 4
- Closed for Independence Day
- September 2
- Closed for Labor Day
- November 28
- Closed for Thanksgiving
- December 24
- Closed at Noon for Christmas Eve
- December 25
- Closed for Christmas
- January 1, 2025
- Closed for New Year's Day
Services
- Notary
- Drive Up ATM
- Safe Deposit Box
Local Leadership
Our Caledonia location is guided by our local President and Community Advisory Board, made up of local community members and business professionals.
President: Matt Schuldt
Community Involvement
Being a community leader is who we are. Our team volunteers thousands of hours each year in leadership and education roles in addition to local events.
We celebrate our farmers during harvest season with a Corn and Brat Blast each fall as the first sweet corn is coming out of the fields. Our local team is proud to be involved in volunteer efforts in Caledonia and the surrounding communities.
Upcoming Events
Click here to see our company-wide calendar. Read about recent events.
Dec
06
Caledonia Holiday Open House
Friday, December 6
10:00 a.m. - 2:00 p.m.
Merchants Bank - Caledonia
1 Sprague Square, Caledonia, MN 55921
10:00 a.m. - 2:00 p.m.
Merchants Bank - Caledonia
1 Sprague Square, Caledonia, MN 55921
We’re thankful for your continued support throughout the year and kindly invite you to join us for holiday treats in our lobby.
I wanted a local banking relationship and that’s exactly what I got with Merchants. I like the small town feel and the partnership I have with my banker, Matt Schuldt.
Merchants acquired Sprague National Bank in Caledonia in 1993. The bank was originally established in 1875 by Ara David Sprague and J.C. Easton, making it one of the oldest financial institutions in Minnesota.
Before acquisition, the bank was owned by the third generation of the Sprague family, and it was important to Merchants to keep the family named preserved in the Caledonia community. In addition to dedicating the “Sprague Room” in the Caledonia Community Center, Merchants also worked with the City to formally name the city block Sprague Square and change the Bank’s Caledonia address to 1 Sprague Square.