US Bank Directory
Banks in Deer River, MN
2 FDIC-insured banks operate 2 offices in Deer River, Minnesota, and 1 credit union has 1 office.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026.
Bank branch map: Deer River
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 3 banks and credit unions operate 3 locations in Deer River, according to the FDIC and the NCUA. 3 of them have coordinates on record and are on the map. 1 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
3 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks and credit unions in Deer River
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: Northview Bank and Woodland Bank have the most locations in Deer River, with 1 each. 2 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
Deer River Cooperative Credit Union Credit union · 1
Deer River Cooperative Credit Union has 1 office in Deer River, 1 across Minnesota. It is based in Deer River, MN and $32.1 million in assets on March 31, 2026, according to its NCUA call report. Its published hours do not list Saturday.
Who can join: see the credit union's site.
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Main Office main office51 2Nd St Se, 56636
All hours
Mon to Fri 9 am to 5 pm; Sat to Sun not published
Hours: NCUA, March 31, 2026
Northview Bank Bank · 1
Northview Bank has 1 branch in Deer River, 12 across Minnesota and 12 nationwide. FDIC records list its main office in Sandstone, MN and show it operating since 1908. With $469.7 million in total assets on June 30, 2026, it ranks No. 1,868 of 4,232 U.S. banks by total assets. The Deer River Branch at 40 4th St Se dates to 1908 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Deer River Branch40 4th St Se, 56636
Woodland Bank Bank · 1
Woodland Bank has 1 branch in Deer River, 4 across Minnesota and 4 nationwide. FDIC records list its main office in Deer River, MN and show it operating since 1920. With $177.5 million in total assets on June 30, 2026, it ranks No. 3,144 of 4,232 U.S. banks by total assets. Its main office at 217 Main Ave E dates to 1920 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Main Office main office217 Main Ave E, 56636
Join a credit union in Deer River
1 credit union has 1 office here: Deer River Cooperative Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Deer River page has every office in the state's directory.
Banking in Deer River: the local picture
Short answer: 2 banks run 2 branches in Deer River according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 2 banks, 1 has its main office in Deer River, 1 elsewhere in Minnesota, according to the FDIC.
The bank with the longest record here is Northview Bank, operating since 1908 according to the FDIC. In FDIC branch records, the longest-running branch is Northview Bank's office at 40 4th St Se, dating to 1908; the newest is Woodland Bank's at 217 Main Ave E, from 1920.
The only credit union with an office here is Deer River Cooperative Credit Union.
Of the 1 location with published hours. None open on Saturday. 2 locations have no published hours in these sources.
Saturday hours in Deer River
Short answer: None of the 1 Deer River location with published hours lists Saturday hours. 2 locations do not publish hours in these sources; call ahead.
Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 2 of the 3 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.
Chase, Bank of America and other national banks
Which big national banks have branches in Deer River, and where the nearest one is if they do not.
Short answer: No branches in Deer River: Chase (nearest in Saint Cloud, 124 mi), Wells Fargo (nearest in Grand Rapids, 14 mi), Bank of America (nearest in Coon Rapids, 149 mi), PNC Bank, U.S. Bank (nearest in Grand Rapids, 14 mi), Truist, Fifth Third Bank, Huntington (nearest in Duluth, 88 mi), Regions Bank, TD Bank, BMO (nearest in Little Falls, 98 mi).
| Bank | In Deer River | Nearest branch if none here |
|---|---|---|
| Chase | None | Saint Cloud, 124 miles away |
| Wells Fargo | None | Grand Rapids, 14 miles away |
| Bank of America | None | Coon Rapids, 149 miles away |
| PNC Bank | None | none in Minnesota |
| U.S. Bank | None | Grand Rapids, 14 miles away |
| Truist | None | none in Minnesota |
| Fifth Third Bank | None | none in Minnesota |
| Huntington | None | Duluth, 88 miles away |
| Regions Bank | None | none in Minnesota |
| TD Bank | None | none in Minnesota |
| BMO | None | Little Falls, 98 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Deer River to the nearest branch in Minnesota.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Deer River residents like anyone else.
Banks near Deer River
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Grand Rapids (14 miles) and Hibbing (40 miles). Bemidji, 53 miles away, has the most banks nearby: 9.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Grand Rapids, MN | 14 mi | 7 | 9 |
| Banks in Hibbing, MN | 40 mi | 5 | 5 |
| Banks in Walker, MN | 40 mi | 3 | 3 |
| Banks in Crosslake, MN | 48 mi | 4 | 4 |
| Banks in Bemidji, MN | 53 mi | 9 | 13 |
| Banks in Aitkin, MN | 56 mi | 3 | 4 |
| Banks in Pequot Lakes, MN | 56 mi | 2 | 2 |
| Banks in Virginia, MN | 60 mi | 5 | 6 |
Bank branch openings and closings in Deer River
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Deer River between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Banks and credit unions based in Deer River
Short answer: 2 institutions have their main office in Deer River: Woodland Bank and Deer River Cooperative Credit Union.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| Woodland Bank | Bank | $177.5 million | 1 |
| Deer River Cooperative Credit Union | Credit union | $32.1 million | 1 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Deer River by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Deer River offices.
Short answer: Northview Bank is the largest bank with offices in Deer River, with $469.7 million in total assets on June 30, 2026, No. 1,868 among U.S. banks by total assets. Woodland Bank is second with $177.5 million. 1 of the 2 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Northview Bank | $469.7 million | No. 1,868 | 1 | Sandstone, MN |
| Woodland Bank | $177.5 million | No. 3,144 | 1 | Deer River, MN |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Deer River: FAQ
How many banks are in Deer River, MN?
Deer River has 2 banks with 2 branches and 1 credit union with 1 office, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.
Which bank has the most branches in Deer River?
Northview Bank, with 1. Woodland Bank has 1.
Is there a Northview Bank in Deer River, MN?
Yes. FDIC data lists 1 Northview Bank branch in Deer River as of September 5, 2026. The address and directions are under Northview Bank above.
Is there a Woodland Bank in Deer River, MN?
Yes. FDIC data lists 1 Woodland Bank branch in Deer River as of September 5, 2026, the main office at 217 Main Ave E. The address and directions are under Woodland Bank above.
Is there a Chase in Deer River, MN?
No. FDIC data lists no Chase branch in Deer River as of September 5, 2026. The nearest is in Saint Cloud, about 124 miles away in a straight line.
Which banks in Deer River are open on Saturday?
None of the 1 location with published hours lists Saturday hours. 2 locations do not publish hours in our sources; call ahead.
Which banks are headquartered in Deer River?
Woodland Bank and Deer River Cooperative Credit Union have their main office in Deer River, according to the FDIC and the NCUA.
What is the oldest bank in Deer River?
Northview Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1908.
Which credit unions can I join in Deer River?
Deer River Cooperative Credit Union has an office in Deer River. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Deer River in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Deer River?
Nearby cities with more banks include Grand Rapids, Hibbing, Walker. Grand Rapids is 14 miles away with 7 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Credit union offices, phones and hours as filed with the NCUA, total assets | NCUA call report data | Public data (U.S. government) | Quarterly import | Mar 31, 2026 |
| Map coordinates of 1 credit union offices whose NCUA record has none, from the office address | U.S. Census Bureau Geocoder | Public data (U.S. government) | With each NCUA import | Oct 19, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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