Redwood Financial, Inc. is the financial holding company of HomeTown Bank (the Bank), a state chartered bank. The Bank, operating in about 11 facilities, provides a variety of financial services to the areas of south central and southwestern Minnesota, as well as the south metropolitan area, including mortgage, commercial, agricultural and consumer lending products and various deposit and savings plans. The Company also conducts business as Hometown Insurance, Inc. (the Agency). The Agency offers property, casualty, crop insurance, and health/life insurance in about 11 facilities throughout south central and southwestern Minnesota, and the south metropolitan area. It also formed Hometown Solutions, Inc (HTS), which is a finder business connecting growers with suppliers, allowing growers to have access to products from sellers in the agricultural industry. It also owns Redwood Financial Statutory Trust I (the Trust). The Trust issued preferred trust securities to independent entities.
REDWOOD FINANCIAL, INC. 