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Deerwood Bank promotes Mike Demuth to Assistant Vice President Business Banking Officer

Deerwood Bank promotes Mike Demuth to Assistant Vice President Business Banking Officer

BAXTER - Deerwood Bank has named Mike Demuth its Assistant Vice President Business Banking Officer at its Baxter location. Previously, Demuth had been a Business Banking Officer with Deerwood Bank.

Demuth has been with Deerwood Bank for more than five years. As Assistant Vice President, he will assist business banking customers with business banking services and financing needs, as well as analyzing financial statements and underwriting loans.

"In my new role as Assistant Vice President, I look forward to generating new relationships with local business owners," said Demuth. "I will also enjoy getting more involved in the community and finding new ways to contribute to our thriving business climate."

Demuth earned his Master of Business Administration degree at the University of North Dakota, preceded by his Bachelor of Business Administration in Business Economics. He also participated in the Leadership Experience at the Brainerd Lakes chamber Blue Ox Business Academy in 2018.

He is a member of Brainerd Lakes Sunrise Rotary, Brainerd Area Sertoma, a youth hockey coach with the Brainerd Amateur Hockey Association, as well as a volunteer in the schools with Junior Achievement USA.

Demuth was born and raised in International Falls where he also played hockey. After marrying Taylor, they moved to the Brainerd Lakes Area. His hobbies include golfing, fishing and hunting.

Deerwood Bank has 13 offices throughout central and northern Minnesota-including Brainerd, Baxter, Deerwood, and Garrison-and the Twin Cities.