Deerwood Bank of Deerwood Minnesota was founded in 1910. This location is located in the town the bank was started in. To this day, Deerwood Bank continues to be a community based bank. Our expansions and growth represents our desire to broaden our services and convenience to our customers throughout the Metro and Northern Minnesota. Our business philosophies are based on the belief that, "to be a successful community bank, we must be committed to our communities and have a unique ability to know and serve our markets".