Bank · FDIC insured
Oakwood Bank
A $156.4M bank headquartered in Pigeon Falls, WI, with 4 branches in 2 states. Best rates: CDs 4.32% and savings 0.75% APY.
Oakwood Bank Carrot Score
82
Carrot Score
Higher than 59% of U.S. banks and credit unions
#7 of 19 in Eau Claire, WI metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Oakwood Bank
Founded in 1920 by Bendik M. Sletteland as Pigeon Falls State Bank, the bank was owned and operated by the Sletteland family until September 2018.
In September 2018, PF Investors, Inc. acquired the bank, which was renamed Oakwood Bank in November 2018.
The bank operates four branch locations in Augusta, Eau Claire, Pigeon Falls, Wisconsin, and Rollingstone, Minnesota, specializing in business, agricultural, and personal banking.
- Headquarters
- 40214 S Ekern Avenue, Pigeon Falls, WI 54760
- FDIC certificate
- 13030 ↗
Branches
4 branches in 2 states
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Wisconsin
3 branches
Eau Claire area · 2
- Oakwood Bank1214 W Lincoln St, Augusta, WI 54722Directions
- Oakwood Bank2901 Mall Dr, Eau Claire, WI 54701Directions
Pigeon Falls area · 1
- Oakwood BankMain office40214 S Ekern Avenue, Pigeon Falls, WI 54760Directions
Minnesota
1 branch
- Oakwood Bank Branch140 Main St, Rollingstone, MN 55969Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 8.48% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.84% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.53% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $103 | $81 | — |
- CapitalLeverage ratio8.48%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.84%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.53%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$103Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Oakwood Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.