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Deerwood Bank company history timeline

1910

Plaza Park Bank opened in 1910 in Rockville, as the First State Bank of Rockville.

Deerwood Bank was established in 1910 in Deerwood.

1957

In 1957, the bank moved to St Cloud and changed its name to Plaza Park State Bank.

1978

In 1978 a new office was constructed approximately fifteen miles south in Garrison, Minnesota.

1995

In 1995, Deerwood Bank expanded its reach entering into the City of Brainerd located twenty miles to the west.

2005

In July 2005, Deerwood Bank acquired Northland Community Bank.

2006

It opened a second location in Sartell in 2006.

2008

Deerwood Bank acquired the Grand Rapids office of MidCountry Bank in June 2008.

2015

In June of 2015, Deerwood Bank acquired the former American Bank of St Paul.

2018

In April of 2018, Deerwood Bank expanded in Central Minnesota to connect the Northern and Metro offices, merging with Plaza Park Bank.

The sale is expected to be complete in the first quarter of 2018, depending on regulatory approval.

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Founded
1910
Company founded
Headquarters
Deerwood, MN
Company headquarter
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Deerwood Bank competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Skagit Bank-$30.4M163-
Bremer Bank1943$1.2B1,652-
RiverWood Bank1920$17.6M50-
Mid Minnesota Federal Credit Union1956$12.9M9928
Wells Fargo1852$2.4B268,5312,160
Peoples Credit-$340,0002-
Sharefax Credit Union1960$9.8M20-
Core Bank1977$580,00050-
River Bank-$1.2M1522
1st Mariner Bank1995$102.6M6-

Deerwood Bank history FAQs

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Deerwood Bank may also be known as or be related to DEERWOOD BANCSHARES INC and Deerwood Bank.