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Bank

Deerwood Bank

deerwoodbank.com
23884 Forest Rd, Deerwood, MN 56444

Deerwood Bank is a community bank primarily serving Minnesota, offering a comprehensive suite of personal and business banking products and services as an FDIC-insured depository institution.

Key Statistics

As of December 2025, public records show Deerwood Bank has originated approximately $305.3M in loan volume over the past 12 months, with an average loan size of $222k.

Volume (12mo)

$305.3M

Avg Loan Size

$222k

Total Mortgages

7,527

Total Borrowers

278

Lending Entities

Deerwood Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Deerwood Bank

7,527 mortgages recorded

+3 more not shown

Geography

Deerwood Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Minnesota

Mortgages (12mo): 941

Volume (12mo): $286.4M

Total Volume: $1.5B

#2Wisconsin

Mortgages (12mo): 13

Volume (12mo): $2.8M

Total Volume: $23.6M

#3North Dakota

Mortgages (12mo): 5

Volume (12mo): $7.6M

Total Volume: $11.1M

Top Borrowers

The following individuals have the most recorded mortgage transactions with Deerwood Bank. Click on a borrower to view their full investor profile.

+275 more not shown

FAQ

What type of lender is Deerwood Bank?

Deerwood Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (6%) and personal loans in their portfolio.

What entities does Deerwood Bank fund loans under?

Deerwood Bank originates mortgages through 4 different lending entities. The most common include Deerwood Bank. These are the legal entity names that appear on recorded mortgage documents.

Where is Deerwood Bank most active?

Based on recorded mortgages, Deerwood Bank is most active in Minnesota, Wisconsin, and North Dakota.

How many loans has Deerwood Bank originated?

Public records show 7,527 mortgages recorded for Deerwood Bank, with $305.3M in volume over the past 12 months.

What is the average loan size for Deerwood Bank?

The average mortgage size for Deerwood Bank is $222k based on all recorded mortgages.

Does Deerwood Bank offer short-term loans?

Deerwood Bank primarily offers long-term financing, with only 10% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.