Listed locations
38
Institution profile
Frandsen Bank & Trust
Identity verified through FDIC; additional sources pendingVerification describes the US Mortgage Index public-source matching process. It is not an endorsement or recommendation. Read the methodology
Public-record data only. Not a recommendation, lender endorsement, or rate comparison. Verify current licensing, product availability, and terms independently.
FDIC BankFind baseline
FDIC-reported identity and institutional fields from the public BankFind record. These values are not described as current or real-time.
- Legal name
- Frandsen Bank & Trust
- Display name
- Frandsen Bank & Trust
- Institution status
- Active
- FDIC insured
- Yes
- FDIC insured since
- January 1, 1934
- Established date
- August 1, 1901
- Charter class
- State-chartered commercial bank, member of the Federal Reserve System (FRS)
- Primary federal regulator
- Federal Reserve Board
- Headquarters
- Lonsdale, MN, 55046, United States
- Website
- https://frandsenbank.com
- FDIC certificate number
- 1399
- Federal Reserve RSSD ID
- 751656
- Domestic location count
- 41
- Source observed
- August 5, 2026
Regulatory profile
Public FFIEC NIC and CRA records for this institution, presented as source-backed regulatory context rather than a score or recommendation.
Regulatory identity
- Institution status
- ACTIVE
- Primary federal regulator
- FRS
- Institution type
- State Member Bank
- Primary activity
- NAICS 52211
- FDIC certificate
- 1399
- Federal Reserve RSSD ID
- 751656
- LEI
- 549300ZZZUYWXK72JD21
- Headquarters
- 116 Central Street West, Lonsdale, MN, 55046, United States
- Primary deposit insurer
- Deposit Insurance Fund (DIF)
- Source observed
- August 19, 2026
Branch network
Showing 1 through 38 of 38 listed locations
Scroll sideways to see every branch column.
| Branch | Address | City | State | Postal code |
|---|---|---|---|---|
| ADA OFFICE | 410 2nd St. West | Ada | MN | 56510 |
| BAXTER OFFICE | 7429 Excelsior Road North | Baxter | MN | 56425 |
| BIRD ISLAND BRANCH | 205 S. Main | Bird Island | MN | 55310 |
| BRAHAM BRANCH | 121 South Main Street | Braham | MN | 55006 |
| CLINTON OFFICE | 432 Main Street | Clinton | MN | 56225 |
| CLOQUET OFFICE | 712 Highway 33 South | Cloquet | MN | 55720 |
| CROSSLAKE OFFICE | 35470 County Road 3 | Crosslake | MN | 56442 |
| DULUTH WEST SUPERIOR STREET OFFICE | 331 West Superior Street, Suite 100 | Duluth | MN | 55802 |
| DUNDAS OFFICE | 715 Stafford Road North | Dundas | MN | 55019 |
| EAST GRAND FORKS OFFICE | 1413 Central Avenue Northwest | East Grand Forks | MN | 56721 |
| ELY OFFICE | 102 East Sheridan | Ely | MN | 55731 |
| FAIRFAX OFFICE | 100 South Park Street | Fairfax | MN | 55332 |
| FOLEY OFFICE | 341 4th Avenue North | Foley | MN | 56329 |
| FOREST LAKE OFFICE | 2001 West Broadway Avenue | Forest Lake | MN | 55025 |
| HECTOR OFFICE | 206 Main Street South | Hector | MN | 55342 |
| HERMANTOWN OFFICE | 4803 Miller Trunk Highway | Hermantown | MN | 55811 |
| JORDAN OFFICE | 200 Creek Lane | Jordan | MN | 55352 |
| LAKEVILLE BRANCH | 20280 Iberia Avenue | Lakeville | MN | 55044 |
| MANKATO - MADISON AVENUE OFFICE | 1580 East Madison Avenue | Mankato | MN | 56001 |
| MONTGOMERY OFFICE | 125 First Street South | Montgomery | MN | 56069 |
| NEW ULM DOWNTOWN OFFICE | 100 North Minnesota Street | New Ulm | MN | 56073 |
| NORTH MANKATO MAIN OFFICE | 240 Belgrade Avenue | North Mankato | MN | 56003 |
| OSLO OFFICE | 212 Main Street | Oslo | MN | 56744 |
| PINE CITY OFFICE | 560 Third Avenue SE | Pine City | MN | 55063 |
| PINE ISLAND BRANCH | 128 South Main Street | Pine Island | MN | 55963 |
| APPLE VALLEY OFFICE | 7303 161st Street | Rosemount | MN | 55068 |
| TOWER OFFICE | 415 Main Street | Tower | MN | 55790 |
| VADNAIS HEIGHTS BRANCH | 3585 Highway 61 | Vadnais Heights | MN | 55110 |
| VIRGINIA BRANCH | 501 Chestnut Street | Virginia | MN | 55792 |
| WARREN OFFICE | 528 N. 1st St. | Warren | MN | 56762 |
| WATERVILLE BRANCH | 320 East Main Street | Waterville | MN | 56096 |
| ZUMBROTA OFFICE | 1440 Main Street | Zumbrota | MN | 55992 |
| GRAND FORKS OFFICE | 1616 South Washington | Grand Forks | ND | 58201 |
| MILBANK OFFICE | 302 E. 4th Avenue | Milbank | SD | 57252 |
| EAU CLAIRE OFFICE | 4251 Southtowne Drive | Eau Claire | WI | 54701 |
| HAYWARD BRANCH | 10583 North Main | Hayward | WI | 54843 |
| LUCK BRANCH | 206 South Main Street | Luck | WI | 54853 |
| SUPERIOR OFFICE | 823 Belknap St. Suite 110 | Superior | WI | 54880 |
Community Reinvestment Act (CRA)
Latest available CRA evaluation
- Rating
- Outstanding
- Exam date
- June 17, 2024
- Regulator
- Federal Reserve
- Examination method
- Large Bank Exam
This information reflects Community Reinvestment Act examination ratings reported by the cited official source. It is not a US Mortgage Index rating, recommendation, or assessment of the institution.
CRA evaluations are examination results from the relevant regulatory process and should be interpreted in the context of the examination date and source.
Historical CRA evaluations
Scroll sideways to see every CRA examination column.
| Exam date | CRA rating | Regulator | Examination method |
|---|---|---|---|
| June 17, 2024 | Outstanding | Federal Reserve | Large Bank Exam |
| December 7, 2020 | Satisfactory | Federal Reserve | Large Bank Exam |
| May 21, 2018 | Outstanding | Federal Reserve | Large Bank Exam |
| April 4, 2016 | Satisfactory | Federal Reserve | Large Bank Exam |
| March 1, 2013 | Satisfactory | FDIC | Intermediate Small Bank |
| January 1, 2010 | Satisfactory | FDIC | Intermediate Small Bank |
| February 1, 2004 | Outstanding | FDIC | Small Bank |
| January 1, 1998 | Outstanding | FDIC | Small Bank |
| December 1, 1994 | Outstanding | FDIC | Not Reported |
| December 1, 1992 | Outstanding | FDIC | Not Reported |
| August 4, 1990 | Satisfactory | FDIC | Not Reported |
Institutional history
16 FFIEC NIC history events
Showing 1 through 16 of 16 history events
| Event date | Event type | Related institution |
|---|---|---|
| October 15, 2022 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| September 17, 2022 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| October 17, 2020 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| October 22, 2016 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| October 19, 2013 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| March 17, 2012 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| August 20, 2011 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| March 19, 2011 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| March 19, 2011 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| May 15, 2010 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| October 17, 2009 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| October 17, 2009 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| August 16, 2008 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| March 4, 2006 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| April 1, 2005 | Charter Discontinued (Merger or Purchase & Assumption) | — |
| November 1, 2004 | Charter Discontinued (Merger or Purchase & Assumption) | — |
These events are shown as reported by the FFIEC NIC source and are not independent legal conclusions.
FFIEC-reported organizational relationships
1 FFIEC NIC relationship record
Showing 1 of 1 relationship records
| Relationship | Institution | Type | Location |
|---|---|---|---|
| ROOT_INSTITUTION | FRANDSEN BANK & TRUST | State Member Bank | Lonsdale, MN |
These relationships reflect the FFIEC NIC source display and should not be interpreted as a complete legal ownership analysis.
FFIEC NIC information reflects public regulatory records observed on the displayed source date. Observed dates describe when the public record was reviewed, not a real-time update.
Additional profile fields
Fields below supplement the primary source baseline and are shown only when present on the public profile.
- Entity type
- FDIC-insured state-chartered member bank