Is Deerwood Bank a local bank?

Written by Admin | Last Updated: July 2026

Yes, Deerwood Bank is a community-based, privately owned financial institution. It was founded in 1910 in Deerwood, Minnesota, and has maintained a local focus throughout its history. It currently operates 12 full-service locations throughout Minnesota, emphasizing its role as a regional community bank dedicated to serving the financial needs of its local customer base through personalized service and community-centered banking practices.

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