Community Development Bank News and Events

Now through October 30, 2020, we are offering a 1% discount on your interest rate
if we finance the purchase of an Auto, Motorcycle, Boat, 4-wheeler, Snowmobile, or Trailer

(Real Estate Not included)
Talk to a Consumer Lender for details, or to see if you qualify.

Standard credit and down payment eligibility requirements apply.
Applications must be received on or before October 30, 2020 to qualify for the rate reduction.











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Welcome to Community Development Bank

June 18, 2020 

At Community Development Bank the health and safety of our employees and customers is one of our highest priorities.

In response to the COVID-19 pandemic, on Monday, March 16 we closed our lobbies to walk-in traffic to limit person-to person contact. In preparing to re-open, Community Development Bank has developed a COVID-19 preparedness plan that includes implementing enhanced cleaning to ensure our locations are safe, hand sanitizer and disposable gloves for those handling transactions, plastic barriers for customer interaction, as well as social distancing markers in our lobbies.

After the expiration of the Stay at Home order and the easing of operating restrictions on businesses, we have made the decision to re-open our lobbies on a limited basis on Monday June, 22.

Our lobbies will be open regular hours, though we will be limiting to 3 customers in the lobby at one time in our Ogema and Hancock offices. In St. Michael, there will be a limit of 5 customers at one time. This will help us to maintain appropriate distance between customers and employees.

If you choose to visit the lobby, please help us by having your transaction completed before entering. If you need to use a transaction ticket and bank pen, please keep the pen with our compliments. We invite all of our customers to continue banking outside the lobby. Please see the various non-contact ways we can help you below:

Online banking – Customers can access their accounts, transfer funds, check balances, view statements, and pay bills using our online banking product. If you have not yet enrolled, please visit and click on “enroll in online banking” in the blue box.
Mobile app – All the features of our online banking product can be accessed on your mobile device. Additionally, customers can deposit checks from the app by using the mobile deposit feature. Customers can download our mobile app from the Apple app store for Apple devices or the Google Play store for Android devices. Customers must enroll in online banking prior to being able to access the mobile app.  
Access to cash – Customers can get cash through our drive-up lanes or through our ATM network. To locate an in-network ATM, simply visit .
Deposits – Customers can continue to use our drive-up services, or use the night drop deposit located in the first lane of our drive up. Simply place your deposit in an envelope, place it in the night drop and our staff will process those deposits daily on days that the bank is open.
If you have questions regarding our plan or lobby use, you can reach your local branch at the following numbers: Ogema 218-983-3241; Hancock 320-392-5278; St. Michael 763-497-7777.

We appreciate our customer’s understanding and patience as we strive to serve you in alternative ways during this time.

Nick Shultz

President & CEO

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