May 17, 2024


Business Banking

Maddie Herold Hired as Vice President of Business Banking

Maddie Herold Hired as Vice President of Business Banking

Baxter, MN – Deerwood Bank proudly announces the appointment of Maddie Herold as Vice President of Business Banking for its Baxter and Deerwood locations.

With nearly a decade of banking expertise, Herold brings a wealth of experience and a customer-centric approach to support businesses of all sizes in achieving their financial goals.

“I am excited to work with all my customers with whom I’ve come to know so well, and foster new relationships within the communities that Deerwood Bank serves. I am very much looking forward to the opportunity to work with the products, services, and team that Deerwood has to offer. Connecting and collaborating with others to achieve their success has always been my passion, and it’s very exciting to work with the team here at Deerwood to come up with banking solutions that support the growth of businesses throughout Minnesota,” stated Herold. “Growing up with ties in the Crosby-Ironton area, Deerwood Bank always played a huge role in our local community, to me it is very exciting to now be working on this exceptional team that I have always admired.”

Herold’s appointment as VP Business Banking at the Baxter and Deerwood branches underscores Deerwood Bank’s dedication to providing exceptional financial services to the Brainerd Lakes and Cuyuna Lakes region. Her deep roots in the community and industry knowledge position her to contribute significantly to the bank’s ongoing success.

“We’re thrilled to introduce Maddie to our Deerwood Bank team,” stated John Ohlin, President & CEO at Deerwood Bank. “Her substantial experience and dedication to serving the local community aligns seamlessly with our team’s goals and values. We eagerly anticipate the positive impact she will bring.”

Herold serves as the Treasurer for the Cuyuna Lakes Area Chamber of Commerce, is a member of the Cuyuna Range Lions Club, and is on the board for the Cuyuna Range Farmers Market.

Outside of her banking career, Herold enjoys exploring new places, spending quality time outdoors with her family and friends, and engaging in activities such as golfing, biking, hiking, running, and gardening.

Deerwood Bank has 12 offices throughout Minnesota – including Baxter and Deerwood. They were recently named by the Minneapolis – Saint Paul Business Journal as an honoree for Best Places to Work in Minnesota.

Contact Maddie
Office: 218-316-3506

Jed Rusk Named as Director of Marketing and Communications

Jed Rusk

Office: 218.316.3539

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.

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