Deerwood is a private country club with membership by invitation only. Each prospective member must be sponsored by two current members in good standing, and each application will be reviewed and approved by the Board of Governors. All memberships are family memberships and include all unmarried family members under age 24 who are living at home.

There are two types of memberships available at Deerwood, Equity and Associate. Equity members are shareholders who may vote and hold office. Their entry fee includes a redeemable Equity certificate that appreciates in value when fully vested, defined as being paid in full and an active member for at least three consecutive years. Equity members may choose from Full, Sports or Social categories. Equity Partner privileges include priority tee times; priority event registration and banquet bookings; priorities for lockers; and social by-invitation-only parties and business meetings.

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