Executive Leadership

Greg Evans

President & Chief Executive Officer

Greg is a Winona native and graduate of Winona Senior High School and Valparaiso (Ind.) University. He joined Merchants in 1989 as the first Marketing Department was being created and served as Director of Marketing until 2007, when he became Regional President for the Cannon Falls, Red Wing and Hampton markets. Greg returned to Winona in 2014 as Chief Banking Officer. He became President & CEO of MFGI in 2017. Greg is currently serving as a member of the Government Relations Councils for the Minnesota Bankers Association Board of Directors.

Julie Carstensen

Chief Operations/Process Officer

Julie has spent her career in bank operations, with nearly two decades of experience in process optimization and efficiency, strategic execution and banking standardization and alignment. Over her tenure, she has overseen branch optimization and operation risk and led large-scale change initiatives. She joined Merchants in 2025.

Andrew Guzzo

Chief Banking Officer & President - Winona

Andrew has more than 20 years of sales and sales management experience. He joined the banking industry in 2006 and Merchants Bank as Winona Market President in 2017. He was promoted to Chief Banking Officer (CBO) & President - Winona in 2022 with direct responsibility for the Winona and Goodview markets and also the strategic direction of our Wealth Management (Trust and Investment) division and key centralized business units.

Cindy Harrison

Chief Credit Officer

Cindy joined Merchants Bank’s Commercial Loan Department in 1992. She was promoted to Commercial Banker in 1995 and spent 15 years working directly with business clients. In 2010 she became Credit Administration Manager, overseeing the mortgage underwriting, credit analysis and credit support teams for the Bank. She was promoted to Director of Credit Administration in 2019 and then Chief Credit Officer in 2022.

Erick Maki

Regional President - South Region

Erick has worked in the financial industry since 1999 and joined Merchants Bank as Regional President in 2022. He was promoted to Chief Commercial Banking Officer in 2026. He holds an MBA from Saint Mary's University in Winona, MN. Erick provides strategic leadership for commercial banking, relationship management of the Bank’s commercial clients, business development, and specialized financing solutions in support of the Bank's long-term growth objectives.

Dan Massett

President/Commercial Banker

Dan began his banking career in 1991 as a Commercial Banker and has over 35 years of banking experience. In 2014, he joined Merchants Bank as a Regional President. Dan has direct responsibility for our North Region which includes Apple Valley, Cottage Grove, Cannon Falls, Eau Claire (WI), Hastings, Lakeville, two locations in Northfield, Red Wing and Rosemount.

Steve Molander

Chief Information Officer

Steve has more than 30 years of experience in information technology, with 23 years exclusively in roles with community banks. He has experience implementing company-wide technology solutions, modernizing information security programs and infrastructure to maintain customer data security, leading transformational change efforts across organizations and more. Steve joined Merchants Bank in 2024.

Lori Reed

Chief Human Resource Officer

Lori has more than 30 years of experience in human resources, including over 10 years of HR leadership in the financial industry. Her deep skillset includes HR strategic planning, operations, policy and compliance, employee relations management, and workforce planning. Lori joined Merchants Bank in 2026.

Sue Savat

Chief Financial Officer

Sue is a Certified Public Accountant and joined Merchants in 1992 as an Internal Auditor/Electronic Data Processing Auditor. She returned to work for Merchants in 2000 as Chief Financial Officer for Merchants Bank in Winona. In 2009, she became Chief Financial Officer for Merchants Financial Group.

Dave Schlauderaff

President

With over 28 years of experience, Dave has spent his entire career in equipment finance. He joined Merchants in 2022 and oversees our commercial equipment financing division, Merchants Bank Equipment Finance, which serves business customers with equipment finance needs nationwide.

Dr. Julie Van Der Wilt

Chief Risk Officer

Julie has spent most of her professional career in the banking industry, with more than a decade of experience in compliance, security and risk management. She earned her doctoral degree in Business Administration in Finance & Economics at the University of Wisconsin-Whitewater and taught as an Assistant Professor at the University of Wisconsin-Platteville for several years. Julie joined Merchants Bank in 2024.