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Important Mobile and Business Remote Deposit Information!

We are currently experiencing issues with Mobile and Business Remote Deposit. Deposits effective for 6/20 will not post to your account until this issue is resolved. We are working to resolve the Mobile and Business Remote Deposit issue, please do not resubmit or bring those accepted items in to the branch as this may cause duplicates. Please call 800-291-6597 if you have any questions.


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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.