Advertising Disclosure

Woodland Bank


Overview / Commentary
218-246-2444
217 Main Avenue East
Deer River, MN 56636

Woodland Bank is headquartered in Deer River and is the 159th largest bank in the state of Minnesota. It is also the 4,076th largest bank in the nation. It was established in 1920 and as of March of 2019, it had grown to 30 employees at 5 locations. Woodland Bank has an A health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
FDIC Certificate #8863
Year Established1920
Employees30
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD5.76%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$102.3MM$92.6MM
LoansQ1 2019vs Q1 2018$80.9MM$71.4MM
DepositsQ1 2019vs Q1 2018$85.5MM$75.9MM
Equity CapitalQ1 2019vs Q1 2018$11.2MM$10.8MM
Loan Loss AllowanceQ1 2019vs Q1 2018$660.00K$608.00K
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$511.00K$751.00K
Real Estate OwnedQ1 2019vs Q1 2018$314.00K$370.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Woodland Bank; we are a rate comparison website and cannot provide official rates or promotions.

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

Woodland Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%-$25kKasasa Saver
0.75%$10-IRA
0.60%*-$2kHealth Savings Account
OTHER TIERS: 0.30% $5k+ | 0.40% $2k - $5k
0.10%$1-Christmas Club Account
0.10%$1-Passbook Savings
0.10%$1-School Club Account
0.10%$1-Vacation Club Account
0.10%$1-Home Improvement Club Account

Woodland Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$100k*-Money Market Account
OTHER TIERS: 0.15% $2.5k - $15k | 0.20% $15k - $100k

Woodland Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.05%*-$25kKasasa Cash
OTHER TIERS: 0.50% $25k+
1.20%*-$30kInvestor's Choice
OTHER TIERS: 0.10% $90k+ | 0.50% $30k - $90k
0.05%$1-Prestige Club Account

Woodland Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.60%$500-60 Month CD
1.50%$500-48 Month CD
1.35%$500-36 Month CD
1.20%$500-24 Month CD
0.95%$500-18 Month CD
0.75%$500-12 Month CD
0.50%$2.5k-180 Day CD
0.40%$2.5k-30 Day CD
0.40%$2.5k-90 Day CD

Woodland Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.60%$1k-5 Year IRA
1.35%$1k-3 Year IRA
Locations


Woodland Bank Locations
Woodland Bank217 Main Avenue EastDeer River, MN 56636
Cohasset Office55 East Highway 2Cohasset, MN 55721
Hill City Office675 Highway 169 SouthHill City, MN 55748
Grand Rapids Branch2610 South Highway 169Grand Rapids, MN 55744

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.