Company Description

Community Development Bank is now Deerwood Bank!

“If we don’t have a strong community, we don’t have a strong financial institution. It’s that simple.”

We generously support local non-profit organizations, fundraisers and student groups with financial contributions. Additionally, we provide scholarships and internship opportunities to local high school and college students. You’ll regularly see our staff volunteering at community events, coaching youth sports or serving on local non-profit boards.

When you bank with us, you’re supporting a wide variety of community initiatives and local economic development. We are excited about the future and look forward to continuing our work with loyal partners and customers to make our communities great places to live, work and raise a family.



Contact Information
12725 43rd Street NE,
St. Michael, MN 55376
Tori Danielson

Business Hours
Sunday
Closed
Monday
7:30 am - 5:00 pm
Tuesday
7:30 am - 5:00 pm
Wednesday
7:30 am - 5:00 pm
Thursday
7:30 am - 6:00 pm
Friday
7:30 am - 6:00 pm
Saturday
8:30 am - 12:00 pm