St. Michael, MN – Deerwood Bank is pleased to announce the addition of Allan Pavek as Vice President of Business Banking at its St. Michael location. With decades of experience in commercial banking and a strong commitment to community involvement, Allan brings a relationship-first approach to helping local businesses grow and thrive.
Originally from New Prague, Allan has lived in Maple Grove for the past 14 years. Over the course of his career, he has held a variety of roles in the business banking world, including credit, sales, and sales management. His expertise spans traditional commercial lending, SBA loans, agricultural financing, and commercial real estate.
Known for his creative lending style and customer-focused mindset, Allan takes pride in building customized financial solutions for commercial and industrial (C&I) clients. His diverse background and strategic approach allow him to meet a wide range of business needs — from start-up support to long-term growth planning.
Allan shared his excitement about the new role: “I’m looking forward to building and expanding commercial relationships here at Deerwood Bank. It’s a great opportunity to deepen my ties in the St. Michael area while continuing to grow my community involvement.”
His decision to join Deerwood Bank was driven by the organization’s strong culture and commitment to the communities it serves. “I was drawn to Deerwood because of its reputation as a true community bank — one that genuinely values relationships and supports a collaborative commercial lending environment,” Allan said.
Nick Shultz, St. Michael Market President, expressed his enthusiasm: “We’re incredibly excited to have Allan join our team. His deep industry experience and strong connection to the northwest metro business community make him a perfect fit for our market. I’m confident he’ll be a great resource for our customers and a great teammate.”
Outside of the bank, Allan is highly active in the community. He serves on the board of CROSS Services in Rogers and is a past board president. He is also a member and incoming president of the Maple Grove Rotary Club, a member of the I-94 West Chamber of Commerce, and a member of the Osseo/Maple Grove American Legion.
Deerwood Bank is excited to welcome Allan to the team and is confident that his experience, integrity, and community-minded spirit will be a great asset to local business clients.
About Deerwood Bank
Deerwood Bank is a Minnesota-based community bank with a commitment to personalized service and strong local partnerships. With more than a century of experience, Deerwood provides financial solutions that support individuals, families, and businesses across Minnesota.
Contact Allan:
Allan Pavek
VP Business Banking
Deerwood Bank – St. Michael
763-488-1246
allan.pavek@deerwoodbank.com




