Let’s move forward together.


Since our founding, Deerwood Bank’s top priority has been the health and safety of our employees and customers, especially during the COVID-19 pandemic. As such, we will strive to monitor state and federal guidelines as we work to balance public health concerns with the needs of employees and customers.

As you enter our offices, you will notice the many steps we have taken to ensure the safety of our staff and customers.

  • Masks are required when entering our offices. Disposable masks are available upon request. 
  • Hand sanitizing stations at the entrance/exit of each office.
  • Plastic barriers where needed. These will allow for safe communication between customers and staff members.
  • Floor decals in our lobbies that encourage social distancing.

Deerwood has also printed and posted health screening checklists that will remind customers not to enter if they are feeling any symptoms related to COVID-19.

We are extremely excited to be welcoming our customers back into our spaces. Together, we will get through this. I look forward to seeing you all soon.

John Ohlin, President/CEO

Deerwood Bank


Minnesota Small Business Relief Grants

The Minnesota Department of Employment and Economic Development (DEED) will oversee the Minnesota Small Business Relief Grants Program approved by the Minnesota State Legislature and signed by Gov. Tim Walz on June 16, 2020.

This program will make available $10,000 grants to Minnesotan owned and operated businesses (of 50 employees or less) that can demonstrate financial hardship as a result of the COVID-19 outbreak. A total of $60.3 million is available for grant awards which will be selected through a computer-generated, randomized selection process.

For more details, go to the MN DEED’s relief program web page. Applications will be accepted FOR A 10-DAY PERIOD BEGINNING Tuesday, June 23 through Thursday, July 2. 


For infomration on the other various business relief programs that are available, please contact one of the lenders below:

Metro/Twin Cities

Jerry Moynagh

Office: 651.643.8405
Cell: 651.470.8873
Email: jerry.moynagh@deerwoodbank.com

Karen LaBate

Office: 651.634.6499
Cell: 651.343.6290
Email: karen.labate@deerwoodbank.com

Brainerd Lakes Area – Baxter/Brainerd/Deerwood/Garrison

Mike Demuth

Office: 218.825.8946
Cell: 218.340.3031
Email: mike.demuth@deerwoodbank.com

Ted Abear

Office: 218.825.8946
Cell: 218.851.1186
Email: ted.abear@deerwoodbank.com

Central – St Cloud/Waite Park/Sartell

Jim Schleper

Office: 320.257.3305
Cell: 320.249.8414
Email: jim.schleper@deerwoodbank.com

Jacki Templin

Office: 320.252.4200
Email: jacki.templin@deerwoodbank.com

North – Grand Rapids/Bemidji/Blackduck/Northome

Jeremy Sobstzak

Office: 218.327.4833
Email: jeremy.sobtzak@deerwoodbank.com

Clint Cornell

Office: 218.759.6919
Cell: 218.387.4100
Email: clinton.cornell@deerwoodbank.com