Northwoods Bank Of Minnesota logo

Bank

Northwoods Bank Of Minnesota

northwoodsbank.com
1200 East First Street, Park Rapids, MN 56470

Northwoods Bank of Minnesota is a community-focused bank located in Park Rapids, Minnesota, providing a variety of financial services including home loans, personal banking, and business lending with an emphasis on personalized customer service.

Key Statistics

As of June 2026, public records show Northwoods Bank Of Minnesota has originated approximately $21.2M in loan volume over the past 12 months, with an average loan size of $217k.

Volume (12mo)

$21.2M

Avg Loan Size

$217k

Total Mortgages

561

Total Borrowers

55

Lending Entities

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

Northwoods Bank Of Minnesota

561 mortgages recorded

+1 more entities not shown

Geography

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

#1Minnesota

Mortgages (12mo): 70

Volume (12mo): $20.3M

Total Volume: $114.1M

#2North Dakota

Mortgages (12mo): 1

Volume (12mo): $100k

Total Volume: $206k

#3Florida

Mortgages (12mo): 1

Volume (12mo): $800k

Total Volume: $3.2M

Top Borrowers

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

+52 more borrowers not shown

FAQ

What type of lender is Northwoods Bank Of Minnesota?

Northwoods Bank Of Minnesota 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 (16%) and personal loans in their portfolio.

What entities does Northwoods Bank Of Minnesota fund loans under?

Northwoods Bank Of Minnesota originates mortgages through 2 different lending entities. The most common include Northwoods Bank Of Minnesota. These are the legal entity names that appear on recorded mortgage documents.

Where is Northwoods Bank Of Minnesota most active?

Based on recorded mortgages, Northwoods Bank Of Minnesota is most active in Minnesota, North Dakota, and Florida.

How many loans has Northwoods Bank Of Minnesota originated?

Public records show 561 mortgages recorded for Northwoods Bank Of Minnesota, with $21.2M in volume over the past 12 months.

What is the average loan size for Northwoods Bank Of Minnesota?

The average mortgage size for Northwoods Bank Of Minnesota is $217k based on all recorded mortgages.

Does Northwoods Bank Of Minnesota offer short-term loans?

Northwoods Bank Of Minnesota primarily offers long-term financing, with only 14% 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.