Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Minnesota › Dakota County › 7055 Cahill Avenue

Full-service office · FDIC office no. 251797

Deerwood Bank
7055 Cahill Avenue, Inver Grove Heights, MN 55076

Last reported 2021

$21.7M
peak deposits
1978
established
—
rank in county
4
names on the sign

This office filed its last FDIC deposit report in 2021. It is missing from every report since, which usually means it closed. The FDIC record doesn't give a reason. Dakota County has 86 offices open today, listed below.

This office's passbook1994–2021
DateBank on the signDepositsChange
Jun 30 2026NOT REPORTED missing from the 2026 report (and every year since 2022)
Jun 30 2021Deerwood Bank$16.8M+15%
Jun 30 2020Deerwood Bank$14.6M+5%
Jun 30 2019Deerwood Bank$14.0M+6%
Jun 30 2018Deerwood Bank$13.2M+7%
Jun 30 2017Deerwood Bank$12.3M−14%
Jun 30 2016Deerwood Bank$14.3M0%
Jun 30 2015Deerwood BankNEW NAME$14.4M−20%
Jun 30 2014American Bank of St. Paul$18.1M−11%
Jun 30 2013American Bank of St. Paul$20.4M−6%
Jun 30 2012American Bank of St. Paul$21.7M+23%
Jun 30 2011American Bank of St. Paul$17.6M−4%
Jun 30 2010American Bank of St. Paul$18.3M−11%
Jun 30 2009American Bank of St. Paul$20.5M+7%
Jun 30 2008American Bank of St. Paul$19.2M−11%
Jun 30 2007American Bank of St. Paul$21.7M+22%
Jun 30 2006American Bank of St. Paul$17.8M+9%
Jun 30 2005American Bank of St. Paul$16.3M−12%
Jun 30 2004American Bank of St. Paul$18.5M+14%
Jun 30 2003American Bank of St. PaulNEW NAME$16.3M−3%
Jun 30 2002Dakota Bank$16.7M+8%
Jun 30 2001Dakota Bank$15.5M+9%
Jun 30 2000Dakota Bank$14.3M+6%
Jun 30 1999Dakota Bank$13.5M+14%
Jun 30 1998Dakota Bank$11.8M+26%
Jun 30 1997Dakota Bank$9.4M+6%
Jun 30 1996Dakota Bank$8.9M+13%
Jun 30 1995Dakota BankNEW NAME$7.8M+10%
Jun 30 1994Dakota County State Bank$7.1M
1978-01-30Office established (FDIC record) — 16 years before this passbook begins

Nearest open offices in Dakota County

  1. 0.5 miMidCountry Bank · 6505 Cahill Ave, Inver Grove Heights
  2. 0.9 miVermillion State Bank · 2975 80th St E, Inver Grove Heights
  3. 1.5 miKey Community Bank · 5684 Bishop Ave, Inver Grove Heights
  4. 1.9 miWells Fargo Bank, National Association · 9062 Buchanan Trl, Inver Grove Heights
  5. 2.3 miOld National Bank · 633 Concord St S, South Saint Paul
  6. 2.9 miNicolet National Bank · 930 Southview Blvd, South Saint Paul
  7. 3.1 miAssociated Bank, National Association · 2060 Robert St S, West Saint Paul
  8. 3.2 miJPMorgan Chase Bank, National Association · 2045 Robert St S, West Saint Paul

All banks in Dakota County →
Every Deerwood Bank office →
What became of Deerwood Bank →

Names on the sign

1994–1994Dakota County State Bank1995–2002Dakota Bank2003–2014American Bank of St. Paul2015–2021Deerwood Bank

The FDIC office number stays with the building when banks merge or rename, so the same office appears under each owner. Follow an earlier name to see what became of that bank.

Deposits are the balances the bank assigned to this office on June 30 of each year, in nominal dollars. Source: FDIC Summary of Deposits, office (UNINUMBR) 251797.