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Certificates of Deposit and IRAs

Certificates of Deposit - Deerwood Bank Certificates provide an added incentive to save. Our rates on regular certificates are very competitive.

Individual Retirement Accounts - Deerwood Bank can assist you with making one of the best retirement investments available. We offer a variety of IRA Accounts and there is no early withdrawal penalty if you are over 59 1/2.

For more information please call a Customer Service Representative at 651-628-5909.

For information on our current deposit rates, please visit our Current Interest Rates page.


American Bank of St. Paul is now Deerwood Bank as successor by merger with American Bank of St. Paul.

Deposits serviced at offices of the former American Bank of St. Paul and Deerwood Bank are NOT separately insured by the FDIC.

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