Woodland Bank is a bank based in Deer River, Minnesota, established in 1920, with $172 million in total assets across 4 branches. By Trust Grade it ranks 171st of 224 banks we track in Minnesota. Its capital ratio of 8.1% trails most similarly sized banks (17th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 0.82% return on assets. No consumer complaints against Woodland Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Woodland Bank compares to Minnesota peers
How we graded Woodland Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.1% capital ratio)
- Profitable (ROA 0.82%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Woodland Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 55 E Highway 2, Cohasset, MN 55721
- 675 Highway 169, Hill City, MN 55748
- 217 Main Ave E, Deer River, MN 56636
- 2610 S Highway 169, Grand Rapids, MN 55744
Are deposits at Woodland Bank insured?
Yes. Woodland Bank is an FDIC-insured bank (FDIC certificate #8863). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Woodland Bank: frequently asked questions
Is Woodland Bank a good bank?
Woodland Bank earns a Bankzia Trust Grade of A (90/100, "Excellent"), based on a financial-strength score of 90/100 (it has no CFPB complaints on record). Well-capitalized (8.1% capital ratio); Profitable (ROA 0.82%).
Is Woodland Bank FDIC-insured?
Yes. Woodland Bank is a FDIC-insured bank (FDIC certificate #8863). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Woodland Bank?
Woodland Bank holds $172 million in total assets, ranking 171st of 224 banks we track in Minnesota. It operates 4 branches.
Does Woodland Bank have CFPB complaints?
No CFPB complaints against Woodland Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
