In November 1989 the LPG Dierberg was transformed into a public limited company.
Three of Banzendorf's farmers withdrew their land, never expropriated but only dispossessed by the LPGs, and restarted family farming in the scope of a federal programme (Cf.
Wiedereinrichter).
They specialised in breeding cows, beef cattle and horses.
Fields owned by the other former farming families are partially leased to the three farmers or to other agrobusinesses which have emerged from former LPGs.

The war memorial of 1921, which had been buried during the Soviet occupation, was reerected, after its excavation, and added a plaque of names of the soldiers from Banzendorf killed in the Second World War.
Between 1992 and 2001 the municipality of Banzendorf had managed its administrative tasks with other municipalities in the Amt Lindow, no fiscal unit but a kind of common municipal administration.
Several former farmsteads have been sold and are now used by Berliners and others as countryside cottages.
The successor of the former LPG Dierberg was liquidated in 1997.
After the pensioned director of the district construction department had moved to Banzendorf the main street got a new pavement between 1997 and 1998 for first time also including paved sidewalks.
In 1999 the Lindower Weg alley to Lindow was paved as an intramunicipal connection.

 On 29 May 1999, attended by Brandenburg's minister for culture Steffen Reiche, a new cultural venue had opened its gates in the village, the Banzendorfer Kulturscheune (Banzendorf culture barn).
In a rebuilt barn Ulrike von Soden-Köpcke and the singer Niels Köpcke installed a concert and lecture venue with a capacity of more than 300 spectators.
In 2000 Banzendorf celebrated the 635th anniversary of its first recorded mentioning.

The village inn was given up in the 21st century, whereas the traditional bakery, established in 1904, with a little village shop continues to supply the Banzendorfers.
On 1 September 2001 Banzendorf and Jemiołów concluded a partnership between the two villages, signed by their mayors Peter Wilbers and Stanisław Mucha in Banzendorf.
Suffering from the German demographic crisis Banzendorf and other municipalities formally merged into Lindow in 2001.
In January 2007 the volunteer fire brigade was dissolved.
In 2011 the Kulturscheune closed down again.
There are two listed monuments of cultural heritage in Banzendorf.
One is the gravesite of the Degebrodt family and the other the village church.
In November 1989 the LPG Dierberg was transformed into a public limited company. Three of Banzendorf's farmers withdrew their land, never expropriated but only dispossessed by the LPGs, and restarted family farming in the scope of a federal programme (Cf. Wiedereinrichter). They specialised in breeding cows, beef cattle and horses. Fields owned by the other former farming families are partially leased to the three farmers or to other agrobusinesses which have emerged from former LPGs.
The war memorial of 1921, which had been buried during the Soviet occupation, was reerected, after its excavation, and added a plaque of names of the soldiers from Banzendorf killed in the Second World War. Between 1992 and 2001 the municipality of Banzendorf had managed its administrative tasks with other municipalities in the Amt Lindow, no fiscal unit but a kind of common municipal administration. Several former farmsteads have been sold and are now used by Berliners and others as countryside cottages. The successor of the former LPG Dierberg was liquidated in 1997. After the pensioned director of the district construction department had moved to Banzendorf the main street got a new pavement between 1997 and 1998 for first time also including paved sidewalks. In 1999 the Lindower Weg alley to Lindow was paved as an intramunicipal connection.
 On 29 May 1999, attended by Brandenburg's minister for culture Steffen Reiche, a new cultural venue had opened its gates in the village, the Banzendorfer Kulturscheune (Banzendorf culture barn). In a rebuilt barn Ulrike von Soden-Köpcke and the singer Niels Köpcke installed a concert and lecture venue with a capacity of more than 300 spectators. In 2000 Banzendorf celebrated the 635th anniversary of its first recorded mentioning.
The village inn was given up in the 21st century, whereas the traditional bakery, established in 1904, with a little village shop continues to supply the Banzendorfers. On 1 September 2001 Banzendorf and Jemiołów concluded a partnership between the two villages, signed by their mayors Peter Wilbers and Stanisław Mucha in Banzendorf. Suffering from the German demographic crisis Banzendorf and other municipalities formally merged into Lindow in 2001. In January 2007 the volunteer fire brigade was dissolved. In 2011 the Kulturscheune closed down again. There are two listed monuments of cultural heritage in Banzendorf. One is the gravesite of the Degebrodt family and the other the village church.
Banzendorf