Woodland Bank

09/08/2026

Does closing an old credit card actually help your score? 🤔 Actually, it usually does the opposite!

A shorter credit history plus less available credit adds up to a lower score, not a higher one.

And here's a fun one: checking your own score does NOT hurt it. That's called a soft pull, and it's totally judgment free. 💚

09/02/2026

If your home was damaged in last year's June 21 storms, here's how to get help through Minnesota Housing's Disaster Recovery Loan Program:

1. File a claim with your insurance company
2. Apply for federal assistance through FEMA (800.621.3362) and SBA (800.659.2955)
3. Contact Chris Henrichsen at Woodland Bank to apply for the deferred, zero-interest loan

Reach Chris at 218.999.0590 or [email protected]. Applications are open through October 30, 2026.

Chris Henrichsen, NMLS #5871 | Woodland Bank, NMLS #561743

09/01/2026

When's the last time you compared your bank balance to your books? If it's been a while, you're not alone, but a quick monthly check can save a lot of hassle later.

The businesses that catch small mistakes early are usually the ones who look every month, not just at tax time.

Block off 15 minutes on the first Monday of the month to compare your statement against what you've recorded. A forgotten fee or an outstanding check can add up fast! 📊

08/31/2026

💡 Money Tip: add it to your cart... then walk away and see what happens! ⏳

A lot of savvy savers swear by the 24 hour rule, wait a full day before buying anything that's not on your list.

Still want it tomorrow? Go for it. Forgot about it by morning? Congrats, you just saved yourself some cash without even trying! 💸

08/28/2026

📍 Big city banks make you wait on hold. We just wave when you walk in! 👋

Every loan decision here gets made right in Itasca County, by people who actually know your business and your neighborhood.

That's the difference between banking with a number and banking with neighbors. 💚

08/26/2026

If your home was damaged in the June 2025 Leech Lake storm, help is available. Woodland Bank is the participating lender for Minnesota Housing's Disaster Recovery Loan Program, offering interest-free deferred loans to Leech Lake Band of Ojibwe members and descendants to cover repair costs that insurance and federal assistance did not fully address.

Here's how to get started:
☑️ File a claim with your insurance company
☑️ Apply for federal assistance through FEMA (800.621.3362) and SBA (800.659.2955)
☑️ Contact Chris Henrichsen at Woodland Bank to apply

Call 218.999.0590 or email [email protected]. Application deadline is October 30, 2026.

08/24/2026

🔍 Fraud Tip: got an email saying a vendor's bank account changed? Pump the brakes before sending that payment! 🛑
Scammers love hiding behind familiar vendor names, hoping you'll rush a wire without a second glance.
Pick up the phone and confirm with a number you already trust, not the one in that email. A quick call now saves a big mess later! 💪

Serving the needs of our communities for 100 years. A new way to bank. Since 1920l

Member FDIC. Equal Housing Lender
REMINDER: Never include personal account information on Facebook

08/22/2026

🎉 August is full of milestones here at Woodland Bank! This month, we're celebrating work anniversaries for Kasandra, Donna, and Wayne. Thank you for your dedication and everything you bring to our team and our community. Here's to many more years ahead!

08/22/2026

Today's the day! 🎶 Join us this afternoon from 2 to 4pm at Pokegama Lake, Sugar Bay for the Boat-In Concert featuring Adessa & the Beat.

Pull up, drop anchor, and enjoy the show, all boats welcome. The beach area is reserved for a private event.

See you out on the water! ☀️💙

📍 Pokegama Lake, Sugar Bay
🧭 47°12'23.8"N 93°37'46.9"W

08/21/2026

Business credit card, or line of credit? The answer depends on what you're solving for 🤔.

A card handles everyday purchases well, especially with rewards built in for short term flexibility. A line of credit fits bigger gaps better, like bridging the time between sending an invoice and actually getting paid, or covering a larger equipment purchase over time. Not sure which one fits your business? Ask us.