Bank Branches › Minnesota › Le Sueur County › 320 Main St E
Full-service office · FDIC office no. 12701
Frandsen Bank & Trust
320 Main St E, Waterville, MN 56096
Open · June 2026
$43.5M
deposits, 2026
1963
established
9th
of 11 in county
4
names on the sign
| Date | Bank on the sign | Deposits | Change |
|---|---|---|---|
| Jun 30 2026 | Frandsen Bank & Trust | $43.5M | +6% |
| Jun 30 2025 | Frandsen Bank & Trust | $41.0M | +10% |
| Jun 30 2024 | Frandsen Bank & Trust | $37.3M | −6% |
| Jun 30 2023 | Frandsen Bank & Trust | $39.5M | +10% |
| Jun 30 2022 | Frandsen Bank & Trust | $35.9M | +8% |
| Jun 30 2021 | Frandsen Bank & Trust | $33.4M | +12% |
| Jun 30 2020 | Frandsen Bank & Trust | $29.9M | +9% |
| Jun 30 2019 | Frandsen Bank & Trust | $27.4M | +5% |
| Jun 30 2018 | Frandsen Bank & Trust | $26.1M | +7% |
| Jun 30 2017 | Frandsen Bank & Trust | $24.4M | +4% |
| Jun 30 2016 | Frandsen Bank & Trust | $23.6M | +3% |
| Jun 30 2015 | Frandsen Bank & Trust | $22.9M | −2% |
| Jun 30 2014 | Frandsen Bank & Trust | $23.4M | +6% |
| Jun 30 2013 | Frandsen Bank & Trust | $22.1M | −4% |
| Jun 30 2012 | Frandsen Bank & Trust | $23.0M | +10% |
| Jun 30 2011 | Frandsen Bank & Trust | $20.9M | −5% |
| Jun 30 2010 | Frandsen Bank & TrustNEW NAME | $21.9M | +4% |
| Jun 30 2009 | Valley Bank | $21.0M | +1% |
| Jun 30 2008 | Valley Bank | $20.7M | 0% |
| Jun 30 2007 | Valley Bank | $20.8M | −67% |
| Jun 30 2006 | Valley Bank | $63.5M | +1% |
| Jun 30 2005 | Valley Bank | $62.9M | +2% |
| Jun 30 2004 | Valley Bank | $61.8M | −9% |
| Jun 30 2003 | Valley Bank | $68.2M | +5% |
| Jun 30 2002 | Valley Bank | $65.1M | +6% |
| Jun 30 2001 | Valley Bank | $61.4M | +10% |
| Jun 30 2000 | Valley BankNEW NAME | $55.7M | −4% |
| Jun 30 1999 | Rural American Bank-North MankatoNEW NAME | $58.2M | +8% |
| Jun 30 1998 | Valley Bank | $54.1M | +10% |
| Jun 30 1997 | Valley Bank | $49.4M | +14% |
| Jun 30 1996 | Valley Bank | $43.2M | +4% |
| Jun 30 1995 | Valley BankNEW NAME | $41.5M | +6% |
| Jun 30 1994 | Valley National Bank of North Mankato | $39.2M | |
| 1963-08-01 | Office established (FDIC record) — 31 years before this passbook begins | ||
Nearest other open offices in Le Sueur County
- 5.5 miElysian Bank · 121 Main St E, Elysian
- 14.4 miThe First National Bank of Le Center · 10 West Minnesota St., Minneapolis
- 14.5 miFirst State Bank of Le Center · 88 N Park Ave, Le Center
- 15.2 miFrandsen Bank & Trust · 125 1st St S, Montgomery
- 15.4 miHomeTown Bank · 326 Broadway St, Cleveland
- 15.5 miCornerstone State Bank · 401 4th St Nw, Montgomery
- 22.4 miFirst Bank & Trust · 1101 1st St Se, New Prague
- 24.1 miFirst Farmers & Merchants Bank · 112 S Main St, Le Sueur
All banks in Le Sueur County →
Every Frandsen Bank & Trust office →
Earlier names and banks folded into Frandsen Bank & Trust →
Names on the sign
1994–1994Valley National Bank of North Mankato1995–1998Valley Bank1999–1999Rural American Bank-North Mankato2000–2009Valley Bank2010–nowFrandsen Bank & Trust
The FDIC office number stays with the building when banks merge or rename, so the same office appears under each owner. Follow an earlier name to see what became of that bank.
Deposits are the balances the bank assigned to this office on June 30 of each year, in nominal dollars. Source: FDIC Summary of Deposits, office (UNINUMBR) 12701.