Woodland Bank

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.05%	Reward Checking	Kasasa Cash 1.83% - National Average
1.00%	Reward Savings	Kasasa Saver 0.80% - National Average
1.26%	5-year CD	60 Month CD 2.35% - Synchrony Bank 60 Month CD

View all Woodland Bank rates »

Overview / Commentary

www.woodlandbank.com

218-246-2444

217 Main Avenue East
Deer River, MN 56636

Woodland Bank is headquartered in Deer River and is the 183^rd largest bank in the state of Minnesota. It is also the 4,589^th largest bank in the nation. It was established in 1920 and as of March of 2017, it had grown to 30 employees at 5 locations. Woodland Bank has an A health rating.

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Health

A

Data as of Q1 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Woodland Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	8863
Year Established	1920
Employees	30
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.59%
Return on Equity - YTD	4.84%
Annual Interest Income	$990.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$87.1MM$79.7MM
Loans	Q1 2017vs Q1 2016	$64.6MM$57.8MM
Deposits	Q1 2017vs Q1 2016	$71.7MM$64.6MM
Equity Capital	Q1 2017vs Q1 2016	$10.5MM$10.3MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$612.00K$647.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$833.00K$1.4MM
Real Estate Owned	Q1 2017vs Q1 2016	$591.00K$861.00K

Rates

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Money Market
Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Woodland Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%^*	-	$25k	Kasasa Saver
OTHER TIERS: 0.51% → $25k+
0.50%^*	$5k^*	-	Health Savings Account
OTHER TIERS: 0.20% → Up to $2k \| 0.30% → $2k - $5k
0.25%	-	-	IRA
0.25%	-	-	Roth IRA
0.25%	-	-	Educational IRA
0.10%	-	-	Christmas Club Account
0.10%	-	-	Passbook Savings
0.10%	-	-	School Club Account
0.10%	-	-	Vacation Club Account
0.10%	-	-	Home Improvement Club Account

Woodland Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.30%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.05% → $2,500 - $15k \| 0.10% → $15k - $100k

Woodland Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.05%^*	-	$25k	Kasasa Cash
OTHER TIERS: 0.50% → $25k+
0.45%^*	$90k^*	-	Investor's Choice
OTHER TIERS: 0.05% → Up to $30k \| 0.10% → $30k - $90k
0.05%	-	-	Prestige Club Account

Woodland Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.26%	$500	-	60 Month CD
0.95%	$500	-	48 Month CD
0.75%	$500	-	36 Month CD
0.45%	$500	-	24 Month CD
0.30%	$500	-	18 Month CD
0.20%	$500	-	12 Month CD
0.10%	$2,500	-	180 Day CD
0.05%	$2,500	-	30 Day CD
0.05%	$2,500	-	90 Day CD

Woodland Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.26%	$1k	-	5 Year IRA
0.75%	$1k	-	3 Year IRA

Locations

Woodland Bank Locations
Woodland Bank	217 Main Avenue East	Deer River, MN 56636
Cohasset Office	55 East Highway 2	Cohasset, MN 55721
Hill City Office	675 Highway 169 South	Hill City, MN 55748
Grand Rapids Branch	2610 South Highway 169	Grand Rapids, MN 55744