Notice to all Deerwood Bank Customers:


Effective July 18, 2016 our business day cutoff time will change from 3:00pm to 6:00pm Monday through Friday. Office hours of operation will remain the same.


Notice to customers of the former American Bank of St. Paul:


Last year, Deerwood Bank acquired former American Bank of St. Paul and merged their Metro branches into Deerwood Bank. The last phase of this acquisition will take place beginning July 15, 2016 with a software conversion where we officially transfer former American Bank of St. Paul accounts into our products and services. All Mendota Heights, St. Paul, Inver Grove Heights and Apply Valley customers are receiving a Transition Checklist containing important information regarding the changes in their account. Also included in the mailing is our Terms and Conditions.

Please be assured that we have taken every consideration to make sure that many of the changes you experience will result in a positive benefit to your banking experience.

While the transition takes place, the following offices will be temporarily closed on Friday, July 15th 2016 after 3:00pm and all day Saturday, July 16th, 2016: Mendota Heights, Inver Grove Heights, Saint Paul, Apple Valley. Business will resume as usual Monday morning, July 18th, 2016.

Our focus is providing you with banking options that are simple, secure and fun! Thank you for your patience as we work through this transition together.



John Ohlin


To visit the former American Bank of St. Paul website, click here