Bank · FDIC insured
Woodland Bank
A $177.5M bank headquartered in Deer River, MN, with 4 branches in Minnesota. Best rates: CDs 2.50% and savings 0.05% APY.
Woodland Bank Carrot Score
61
Carrot Score
Higher than 5% of U.S. banks and credit unions
#11 of 12 in Grand Rapids, MN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Woodland Bank
- Headquarters
- 217 Main Ave E, Deer River, MN 56636
- FDIC certificate
- 8863 ↗
Branches
4 branches in Minnesota
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Minnesota
4 branches
Grand Rapids area · 3
- Woodland BankMain office217 Main Ave E, Deer River, MN 56636Directions
- Cohasset Office55 E Highway 2, Cohasset, MN 55721Directions
- Grand Rapids Branch2610 S Highway 169, Grand Rapids, MN 55744Directions
Hill City area · 1
- Hill City Office675 Highway 169, Hill City, MN 55748Directions
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 | 8.62% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.53% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.01% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $90 | $81 | — |
- CapitalLeverage ratio8.62%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.53%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.01%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$90Peers’ 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 Woodland Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.