Bank · FDIC insured
Woodlands National Bank
Top CarrotA $331M bank headquartered in Hinckley, MN, with 7 branches in Minnesota. Best rates: CDs 4.97% and savings 1.11% APY.
Woodlands National Bank Carrot Score
Carrot ScoreTop Carrot
Higher than 84% of U.S. banks and credit unions
#12 of 97 in Minneapolis, MN-WI metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Woodlands National Bank
Woodlands National Bank is based in Onamia, Minnesota, and has a 100-year tradition of customer service.
Owned by the Mille Lacs Band of Ojibwe, the bank operates across seven locations.
- Headquarters
- 122 Main St E, Hinckley, MN 55037
- FDIC certificate
- 1417 ↗
Branches
7 branches in Minnesota
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Minnesota
7 branches
Minneapolis area · 4
- Minneapolis Branch1113 E Franklin Ave, Minneapolis, MN 55404Directions
- Grand Market Branch16602 Ataage Dr, Onamia, MN 56359Directions
- Onamia Branch424 Main St, Onamia, MN 56359Directions
- Zimmerman Branch26040 Main St, Zimmerman, MN 55398Directions
Hinckley area · 1
- Woodlands National BankMain office122 Main St E, Hinckley, MN 55037Directions
Duluth area · 1
- Cloquet Branch240 North Rd, Cloquet, MN 55720Directions
Sturgeon Lake area · 1
- Sturgeon Lake Branch8981 Market St, Sturgeon Lake, MN 55783Directions
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 | 11.20% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.42% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.63% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $41 | $81 | — |
- CapitalLeverage ratio11.20%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.42%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.63%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$41Peers’ 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 Woodlands National Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.