Deerwood Bank Named to Newsweek’s America’s Best Regional Banks and Credit Unions 2025

This award recognizes Deerwood Bank’s commitment to delivering a trusted, community-focused banking experience that prioritizes customer relationships, financial excellence, and local economic growth.

Waite Park, MN — Deerwood Bank, a Community Bank with 14 locations throughout the state of Minnesota, announced today that it is recognized as one of America’s Best Regional Banks and Credit Unions 2025 by Newsweek and Plant-A Insights Group. Newsweek and Plant-A Insights Group recognized top regional banks and credit unions in the United States by conducting a large-scale study based on the analysis of over 9,000 institutions, more than 70,000 customer surveys and millions of social media reviews.

“We are incredibly honored to be recognized by Newsweek as a 5-Star Bank. This award is a testament to the dedication of our employees and the trust our customers place in us every day,” said John Ohlin, Deerwood Bank President/CEO. “At Deerwood Bank, we pride ourselves on building strong relationships, supporting local businesses, and delivering personalized financial solutions. Being named one of the best regional banks in the country reaffirms our commitment to serving our communities with excellence. We share this recognition with our customers, whose loyalty and partnership continue to inspire us.”

“Community banks and credit unions are the financial backbone of communities nationwide as they support small businesses, fund local projects and ensure easy access to essential banking services. Newsweek and market-data research firm Plant-A Insights are proud to introduce “America’s Best Regional Banks and Credit Unions 2025,” highlighting companies utilizing a community- and customer-centric approach to make a big financial impact in their neighborhoods.” – Nancy Cooper – Global Editor in Chief – Newsweek

Founded in 1910, Deerwood Bank is a trusted community bank dedicated to providing personalized financial solutions for individuals, businesses, and communities across Minnesota. Headquartered in Waite Park, MN, Deerwood Bank has 14 locations throughout Minnesota including Baxter, Bemidji, Blackduck, Brainerd, Deerwood, Garrison, Grand Rapids, Mendota Heights, Northome, Ogema, St. Paul, Sartell, St. Michael, and Waite Park.

Media Contact:
Jed Rusk
Director of Marketing and Communications
jed.rusk@deerwoodbank.com
218-316-3539
www.deerwoodbank.com

Jed Rusk

Office: 218.316.3539
Email: jed.rusk@deerwoodbank.com

Jed Rusk is the Director of Marketing and Communications at Deerwood Bank. He graduated from the University of Wisconsin – Stout with a Bachelor’s Degree in Business Marketing and Advertising. Jed handles all of Deerwood Bank’s business-related content, including press releases and community announcements. When Jed gets a free moment, he enjoys spending time with his wife, Rachel, and their Golden Retriever, Leo. If Jed isn’t around the bank, you can probably find him at the local hockey arena or out on the golf course.