Home › Minnesota › Northwoods Bank of Minnesota
Northwoods Bank of Minnesota
✓ FDIC-insured · Active FDIC Certificate #1415
Northwoods Bank of Minnesota is an FDIC-insured state-chartered savings bank, headquartered in Park Rapids, Minnesota, established in 1919. As of the 06/30/2026 FDIC call report, it reported $141M in total assets and $125M in deposits. FDIC location data lists 4 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company DORSET BANCSHARES INC (Park Rapids, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 4 of Northwoods Bank of Minnesota's FDIC-listed offices are in Minnesota. Browse banks in Park Rapids for other local options.
Branch locations
| Northwoods Bank of Minnesota Detached Facility Branch · Limited Service - Drive Thru/Detached Facility | 311 Park Ave S Park Rapids, MN 56470 Map ↗ |
| Northwoods Bank of Minnesota Bunyan Trails Branch · Full Service - Brick And Mortar | 112 Bunyan Trails Dr Nevis, MN 56467 Map ↗ |
| Northwoods Bank of Minnesota Pine City Branch · Full Service - Brick And Mortar | 1015 Hillside Ave Sw Pine City, MN 55063 Map ↗ |
| Northwoods Bank of Minnesota Northwoods Bank Of Minnesota · Full Service - Brick And Mortar | 1200 First St E Park Rapids, MN 56470 Map ↗ |
Holding company: DORSET BANCSHARES INC
The FDIC lists DORSET BANCSHARES INC, based in Park Rapids, MN, as the top holding company for Northwoods Bank of Minnesota. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Minnesota
Active FDIC-insured banks headquartered in Minnesota with total assets closest to Northwoods Bank of Minnesota's $141M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Eagle Bank | Glenwood | $227M | 5 |
| Commerce Bank | Geneva | $220M | 2 |
| Home State Bank | Litchfield | $219M | 4 |
| Lakeview Bank | Lakeville | $218M | 2 |
| F & M Community Bank, National Association | Preston | $211M | 3 |
| ESB Bank | Caledonia | $209M | 3 |
| Grand Marais State Bank | Grand Marais | $207M | 5 |
| Wadena State Bank | Wadena | $207M | 4 |
Northwoods Bank of Minnesota: common questions
Is Northwoods Bank of Minnesota FDIC-insured?
Yes. Northwoods Bank of Minnesota is an active FDIC-insured institution, FDIC Certificate #1415. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Northwoods Bank of Minnesota headquartered?
Northwoods Bank of Minnesota is headquartered at 1200 First St E, Park Rapids, MN 56470, according to FDIC records.
How many branches does Northwoods Bank of Minnesota have?
FDIC location data lists 4 offices for Northwoods Bank of Minnesota, all in Minnesota.
Who owns Northwoods Bank of Minnesota?
The FDIC lists DORSET BANCSHARES INC of Park Rapids, MN as the top holding company for Northwoods Bank of Minnesota.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.