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We are here and ready to help. 

Although we are limiting access to our lobbies, we will remain open and available to serve our customers. If you need immediate assistance, please contact your local office. For updates on our Coronavirus (COVID-19) response, please visit our pandemic response page. 

Paycheck Protection Program

The Paycheck Protection Program is a relief loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. For more information, click here. 

Additional small business relief programs can be found on our Pandemic Response Page. 


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Deerwood Bank has been a partner in 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.

Come find out what nice & simple banking truly means.