Bank Branches › Minnesota › Polk County › 1413 Central Ave Nw
Full-service office · FDIC office no. 13001
Frandsen Bank & Trust
1413 Central Ave Nw, East Grand Forks, MN 56721
Open · June 2026
$145M
deposits, 2026
1964
established
2nd
of 14 in county
4
names on the sign
| Date | Bank on the sign | Deposits | Change |
|---|---|---|---|
| Jun 30 2026 | Frandsen Bank & Trust | $145M | −1% |
| Jun 30 2025 | Frandsen Bank & Trust | $147M | +7% |
| Jun 30 2024 | Frandsen Bank & Trust | $137M | +13% |
| Jun 30 2023 | Frandsen Bank & Trust | $122M | +30% |
| Jun 30 2022 | Frandsen Bank & Trust | $94.0M | +7% |
| Jun 30 2021 | Frandsen Bank & Trust | $87.6M | +15% |
| Jun 30 2020 | Frandsen Bank & Trust | $76.4M | −19% |
| Jun 30 2019 | Frandsen Bank & Trust | $94.9M | −10% |
| Jun 30 2018 | Frandsen Bank & Trust | $105M | +3% |
| Jun 30 2017 | Frandsen Bank & Trust | $102M | +3% |
| Jun 30 2016 | Frandsen Bank & Trust | $98.6M | +11% |
| Jun 30 2015 | Frandsen Bank & Trust | $89.0M | −5% |
| Jun 30 2014 | Frandsen Bank & Trust | $93.9M | +10% |
| Jun 30 2013 | Frandsen Bank & Trust | $85.2M | +10% |
| Jun 30 2012 | Frandsen Bank & Trust | $77.5M | +6% |
| Jun 30 2011 | Frandsen Bank & Trust | $73.0M | |
| Jun 30 2010 | Frandsen Bank & TrustNEW NAME | $0 | −100% |
| Jun 30 2009 | Community Bank of the Red River Valley | $63.1M | +4% |
| Jun 30 2008 | Community Bank of the Red River Valley | $60.6M | +4% |
| Jun 30 2007 | Community Bank of the Red River Valley | $58.1M | +7% |
| Jun 30 2006 | Community Bank of the Red River Valley | $54.5M | +9% |
| Jun 30 2005 | Community Bank of the Red River Valley | $50.0M | −3% |
| Jun 30 2004 | Community Bank of the Red River ValleyNEW NAME | $51.6M | +1% |
| Jun 30 2003 | Rural American Bank - East Grand Forks | $51.3M | +2% |
| Jun 30 2002 | Rural American Bank - East Grand Forks | $50.3M | 0% |
| Jun 30 2001 | Rural American Bank - East Grand Forks | $50.2M | +2% |
| Jun 30 2000 | Rural American Bank - East Grand Forks | $49.2M | +4% |
| Jun 30 1999 | Rural American Bank - East Grand Forks | $47.1M | −8% |
| Jun 30 1998 | Rural American Bank - East Grand Forks | $51.1M | +7% |
| Jun 30 1997 | Rural American Bank - East Grand ForksNEW NAME | $47.5M | +24% |
| Jun 30 1996 | Citizens State Bank of East Grand Forks | $38.3M | −2% |
| Jun 30 1995 | Citizens State Bank of East Grand Forks | $39.0M | +11% |
| Jun 30 1994 | Citizens State Bank of East Grand Forks | $35.0M | |
| 1964-07-20 | Office established (FDIC record) — 30 years before this passbook begins | ||
Nearest other open offices in Polk County
- 0.2 miAmerican Federal Bank · 140 Gateway Dr Ne, East Grand Forks
- 0.8 miUltima Bank Minnesota · 205 Demers Ave, East Grand Forks
- 21.6 miUnited Valley Bank · 1901 Sahlstrom Dr, Crookston
- 22.3 miOld National Bank · 201 N Broadway, Crookston
- 22.3 miAmerican Federal Bank · 304 N Broadway, Crookston
- 43.5 miUnity Bank · 47 County Road 113 N, Mentor
- 44.3 miRed River State Bank · 114 N Mill St, Fertile
- 50.5 miAmerican State Bank of Grygla · 201 Vance Ave S, Erskine
All banks in Polk County →
Every Frandsen Bank & Trust office →
Earlier names and banks folded into Frandsen Bank & Trust →
Names on the sign
1994–1996Citizens State Bank of East Grand Forks1997–2003Rural American Bank - East Grand Forks2004–2009Community Bank of the Red River Valley2010–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) 13001.