Woodland Bank is a financial institution that has full service locations in Deer River, Grand Rapids, Hill City and Cohasset.
"Woodland bank began their branching era in 1978 with the first branch in Longville, Minnesota. In 1991, current President Brian Nicklason returned home to assist his ailing father. In 1993 Security State Bank changed its name to Woodland Bank to reflect its logging history and branch strategy. In 1993 Woodland Bank opened an office in Cohasset, Minnesota. It continued its branching strategy with a branch in Hill City, Minnesota and subsequently in Jenkins and Deer River. A Loan Production Office was added in Grand Rapids in 2009.
In 2012 Woodland Bank agreed to sell the Remer, Longville and Jenkins offices to the First National Bank of Walker. Woodland Bank will now center its focus on the Itasca County area of Minnesota. It remains committed to serving the needs of its communities and the vibrant economy in the Grand Rapids, Minnesota market. In September of 2015 the Loan Production Office in Grand Rapids was converted to a full service branch to better serve its community."
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