Redwood Financial Company Description
Redwood Financial, Inc. operates as the financial holding company for HomeTown Bank that provides various banking products and services in Minnesota.
It offers checking, savings, money market, and demand deposit accounts; IRAs and HSAs; certificates of deposit.
The company also provides personal, home equity/HELOC, real estate, business, and agricultural loans.
In addition, it offers property, casualty, crop, and health/life insurance products; ATMS, bill pay, notary, safe deposit box, wire transfer, positive pay, remote deposit capture, merchant card, and ACH transaction processing services; credit cards; and online, phone, and mobile banking services.
The company serves farmers, businesses, and consumers. Redwood Financial, Inc. was founded in 1924 and is based in Redwood Falls, Minnesota.

Country | United States |
Founded | 1924 |
Industry | Banks - Regional |
Sector | Financials |
Employees | 13 |
CEO | Daryl Karsky |
Contact Details
Address: 1000 East Cook Street Redwood Falls, Minnesota 56283-0317 United States | |
Phone | 507 637 1000 |
Website | myht.bank |
Stock Details
Ticker Symbol | REDW |
Exchange | OTCMKTS |
Stock Type | Common Stock |
Fiscal Year | January - December |
Reporting Currency | USD |
ISIN Number | US7579031094 |
SIC Code | 6020 |
Key Executives
Name | Position |
---|---|
Daryl L. Karsky | President, Chief Executive Officer and Director |
Kristen K. Beran | Vice President of Operations, Treasurer and Senior Accountant |
Dean K. Toft | Director |
Sarah Riga | Compliance Officer and BSA Officer |
Bob Southworth | Regional President, Chief Credit Officer and St. Peter Branch Manager |
Cathy L. Prouty | Corporate Secretary |