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Concerned about the Equifax Security Breach?

We at Deerwood Bank understand you may be concerned about the security of your personal information. For additional information regarding the breach, click here.


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Deerwood Bank has been a partner in Northern Minnesota’s progress since 1910. We have helped businesses grow and prosper for over 100 years by providing superior services to our customers.

Our staff of experienced professionals will respond to your financial needs in a timely and effective manner. Our goal is to help you reach your goals.

We are committed to provide the best in financial products and services, and will search for creative solutions to your needs. Our flexibility and responsiveness to your requests allow us to tailor our services to meet your unique needs and to provide you with the best banking services available.

We want to be your bank. Give us the opportunity to make you one of our valued customers.