FDIC-insured bank

Deerwood Bank — Waite Park, MN

Bank headquartered in Waite Park, Minnesota, part of DEERWOOD BANCSHARES INC.
Source: FDIC BankFind Suite, data as of June 30, 2026, fetched September 5, 2026
Total assets
$1.52 billion
Total deposits
$1.38 billion
Branches
14
FDIC-insured since
1934
Established
1910

Headquarters and contact

Address131 6th Ave S
Waite Park, MN 56387
CountyStearns
Metro areaSt. Cloud, MN
Websitedeerwoodbank.com
Phonenot published in FDIC data, see the bank's website

FDIC record

FDIC Certificate5123
Federal Reserve RSSD ID314257
StatusActive
Charter classNM (STATE)
Holding companyDEERWOOD BANCSHARES INC
Domestic offices14
Financials as ofJune 30, 2026

How to find your Deerwood Bank routing number

FDIC does not publish ABA routing numbers, and many banks use different routing numbers by state or by account type. The reliable places to find yours: the bottom left of a check from this bank, the "account details" screen in its online banking, or its official website at deerwoodbank.com.
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Offices nearest to headquarters

Deerwood Bank main office
Waite Park, MN
131 6th Ave S, 56387
Sartell Branch
Sartell, MN
2351 Connecticut Ave S, 56377
Saint Michael Branch
Saint Michael, MN
12725 43rd St Ne, 55376
Brainerd Office Branch
Brainerd, MN
611 Washington St Ne, 56401
Baxter Branch
Baxter, MN
14986 Lynwood Dr, 56425
Garrison Branch
Garrison, MN
9451 Madison St, 56450
Deerwood Branch
Deerwood, MN
21236 Archibald Rd, 56444
Saint Paul Branch
Saint Paul, MN
2310 7th St W, 55116
Mendota Heights Branch
Mendota Heights, MN
1060 Dakota Dr, 55120
Grand Rapids Branch
Grand Rapids, MN
2950 S Highway 169, 55744
Bemidji Branch
Bemidji, MN
1350 Paul Bunyan Dr Nw, 56601
Blackduck Branch
Blackduck, MN
16 Summit Ave W, 56630
14 offices in total. Browse them by city through the state pages.

Where Deerwood Bank has offices

Cities with the most Deerwood Bank offices

Largest banks headquartered elsewhere in Minnesota

Ameriprise Bank, FSB Minneapolis$25.48 billion
Bridgewater Bank Saint Louis Park$5.38 billion
Frandsen Bank & Trust Lonsdale$3.66 billion
Stearns Bank National Association Saint Cloud$3.27 billion
Minnwest Bank Redwood Falls$2.94 billion
Merchants Bank, National Association Winona$2.88 billion
Tradition Capital Bank Wayzata$2.72 billion
Think Mutual Bank Rochester$2.23 billion
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