About Us | RiverWood Bank

About Us

RiverWood Bank is an employee-owned and operated bank with locations across central and northern Minnesota. We provide both personal and business banking services, including residential mortgages, commercial bankingcash management services and more. With our online banking and mobile banking services, you can manage your account no matter where you are.

Who We Are Video

Who We Are

The Board governing RiverWood Bank, Great River Holding Company, is made up of individuals who live, work and volunteer in the communities we serve. They understand the local economies and the strength that comes from a diverse economy of agriculture, tourism, and manufacturing. Our Board and leaders within the Bank are committed to understanding and supporting the health of these sectors not only by the resources and services RiverWood Bank is able to provide; but through engagement in community organizations that include economic development groups, industry alliances, non-profits, and chambers.

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Mission, Vision & Beliefs

Our Mission  Empowering employee-owners to exceed customer expectations.
Our Vision  To be the most trusted bank in the communities we serve.
Our Beliefs

  • Take Ownership: As employee-owners, we hold ourselves accountable to be problem solvers, do high-quality work, and follow through on our commitments. 
  • Do The Right Thing: We do the right thing for our customers, for the bank, and for our communities, guided by honesty and integrity in all that we do. 
  • Be a Good Partner: Showing patience, compassion, and a willingness to compromise, we treat others with respect.
  • Be Better Everyday: Being adaptable, creative, and open-minded, we will share ideas, embrace learning, and be a leader for change. 

RiverWood Bank Locations

Visit RiverWood Bank's locations or choose a specific location below:

RWB Location Map 2021

Our History

RiverWood’s original banking charters were formed in 1910 and 1922 in Bemidji and Morris, respectively, as state chartered local building and loan associations. The present charter is a national savings and loan association regulated by the Office of the Comptroller of the Currency (OCC).

RiverWood Bank is a wholly owned subsidiary of Great River Holding Company. Great River was founded in 2003 to acquire branches in Benson, Big Lake and Morris. Additional branches were opened in Baxter and Crosslake in 2004 and Monticello in 2008. The branches in Baudette, Bagley and Bemidji were acquired in 2006. The company has grown from the original four banking offices with $85 million in total assets to 11 banking offices with more than $500 million assets today. The owners and board members of Great River include employee-owners and shareholders who live in the communities we serve.

Still Have Questions?

Find FAQs, routing numbers and online banking tutorials in our Education Center.


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