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Park Rapids, MN

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Why Bank With Us

Why do customers choose Northwoods Bank of MN as their bank of choice among many available options?

Northwoods Bank provides Hometown community banking at its best.

First, we are locally owned and managed. Decisions are made by people who know you, and care about your needs. We are your neighbors.  As a result, you gain from our knowledgeable and responsive service and true understanding of what this community needs.  If you want a bank where customers are known by name and made to feel welcome as soon as they come in the door, we are the bank you’re looking for.  When one of our staff says, "May I help you?" they really want to help you.

Second, our mission is to help you attain financial success.  At Northwoods, it begins with the customer, his or her wants and needs.  All of a family's financial events, from the household checking account to a home loan to retirement funds, will be as important to the bank as they are to the family.  Our products and services are tailored to meet your needs.

Third, there is on-site control over all services, products, loan approvals, and interest rates. We can do loan approvals and set our rates and fees right here. We don't have to get approvals from a corporate office somewhere else. And we don't have the bureaucracy or overhead that big banks do, so we can pass the savings on to you.

Keep it Local

Our bank’s management is a local phone call away.  Bank management and staff are involved with community organizations and events. The bank strives to be an important part of the community and help it solve its problems and plan for its future. We know our future success depends on the success of our community and our customers.

Deposits of the bank are invested back into the community in the form of business and residential loans. So in a way, you can help enhance your hometown, just by being a part of community banking.

Finally, we are dedicated to the financial support of the local community in order to make it a better place to live.

What sets us apart from the local competition?

We have the resources and technology to offer big bank like products and services, but are small enough to know you by name.  We take the time to learn about our customer's needs. Our rates are competitive and you will always deal with your local banker.  We service all our loans – you don’t have to deal with far away 3rd party loan servicing.
Whether your business needs to refinance its building or buy equipment, or your daughter needs her first home mortgage, we can get it done.  We're never too busy to sit down with you and talk over a cup of coffee, at your place or ours.  So stop by and find out how great banking with Northwoods Bank can really be. You'll be glad you did.