Bank Branches › Banks › Deerwood Bank
Deerwood Bank
14 offices in 1 state as of June 30, 2026. $1.4 billion in deposits. Main office: 131 6th Ave S, Waite Park, MN. FDIC certificate 5123.
14
offices
1
states
−0
gone since 2025
+0
new since 2025
Where its offices are
Offices over time
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 2 | $63.4M | |
| Jun 30 1995 | 3 | +1 | $71.6M |
| Jun 30 2000 | 3 | · | $99.2M |
| Jun 30 2005 | 4 | −1 | $129M |
| Jun 30 2010 | 9 | · | $190M |
| Jun 30 2015PEAK | 14 | +6 | $504M |
| Jun 30 2020 | 13 | · | $800M |
| Jun 30 2025 | 14 | +2 | $1.1B |
| Jun 30 2026NOW | 14 | · | $1.4B |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 2 | $63.4M | |
| Jun 30 1995 | 3 | +1 | $71.6M |
| Jun 30 1996 | 3 | · | $79.3M |
| Jun 30 1997 | 3 | · | $83.0M |
| Jun 30 1998 | 3 | · | $88.0M |
| Jun 30 1999 | 3 | · | $90.7M |
| Jun 30 2000 | 3 | · | $99.2M |
| Jun 30 2001 | 3 | · | $112M |
| Jun 30 2002 | 4 | +1 | $116M |
| Jun 30 2003 | 4 | · | $121M |
| Jun 30 2004 | 5 | +1 | $122M |
| Jun 30 2005 | 4 | −1 | $129M |
| Jun 30 2006 | 7 | +3 | $173M |
| Jun 30 2007 | 7 | · | $182M |
| Jun 30 2008 | 8 | +1 | $186M |
| Jun 30 2009 | 9 | +1 | $204M |
| Jun 30 2010 | 9 | · | $190M |
| Jun 30 2011 | 8 | −1 | $190M |
| Jun 30 2012 | 8 | · | $192M |
| Jun 30 2013 | 8 | · | $215M |
| Jun 30 2014 | 8 | · | $212M |
| Jun 30 2015PEAK | 14 | +6 | $504M |
| Jun 30 2016 | 12 | −2 | $405M |
| Jun 30 2017 | 11 | −1 | $413M |
| Jun 30 2018 | 13 | +2 | $612M |
| Jun 30 2019 | 13 | · | $609M |
| Jun 30 2020 | 13 | · | $800M |
| Jun 30 2021 | 13 | · | $908M |
| Jun 30 2022 | 12 | −1 | $926M |
| Jun 30 2023 | 12 | · | $884M |
| Jun 30 2024 | 12 | · | $866M |
| Jun 30 2025 | 14 | +2 | $1.1B |
| Jun 30 2026NOW | 14 | · | $1.4B |
Counted under FDIC certificate 5123. When one bank buys another, the bought bank's offices move onto the buyer's certificate, so a jump here is usually a merger, not a building spree. Its earlier names and the banks folded into it →
Offices with the most deposits booked
| Office | Deposits |
|---|---|
| Bemidji BranchBemidji, MN | $378M |
| Deerwood BankWaite Park, MN | $181M |
| Deerwood BranchDeerwood, MN | $142M |
| Baxter BranchBaxter, MN | $137M |
| Saint Michael BranchSaint Michael, MN | $126M |
| Mendota Heights BranchMendota Heights, MN | $107M |
| Grand Rapids BranchGrand Rapids, MN | $62.9M |
| Sartell BranchSartell, MN | $60.9M |
| Blackduck BranchBlackduck, MN | $50.2M |
| Saint Paul BranchSaint Paul, MN | $44.5M |
By state
| State | Offices |
|---|---|
| Minnesota | 14 |