Online Banking Update: We are currently experiencing some issues following a recent system upgrade. Some customers may notice delays with payments, certain transfers, and the display of rates on select CD accounts. Our teams are actively working to resolve these issues and restore full functionality as quickly as possible. If you need immediate assistance, please contact us at 844.222.6562.

Meet Shaun Wendel

Meet Shaun Wendel

Headshot photo of Shaun Wendel

Shaun Wendel

Senior Vice President, Finance, Treasury

Shaun Wendel serves as Senior Vice President, Finance, Treasury, where he leads the bank’s treasury function, overseeing capital and liquidity management, interest rate risk, stress testing, and investment portfolio strategy. With more than a decade of banking and financial management experience, Shaun brings deep expertise in asset liability management, portfolio optimization, risk modeling, and balance sheet strategy.

Prior to joining Merchants Bank, Shaun held a series of treasury and finance leadership roles at STAR Financial Bank, where he was responsible for managing a $1.3 billion bond portfolio, liquidity strategy, and enterprise risk management initiatives. He also has extensive experience in financial analysis, capital optimization, and market-based risk assessment.

A graduate of Rose-Hulman Institute of Technology, Shaun leverages his engineering background and passion for financial markets to deliver thoughtful, data-driven solutions that support the bank’s continued growth and long-term financial strength.

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