Bank Branches › Minnesota › Hennepin County › 409 2nd St
Full-service office · FDIC office no. 222762
Alerus Financial, National Association
409 2nd St, Excelsior, MN 55331
Open · June 2026
$45.4M
deposits, 2026
1996
established
193rd
of 258 in county
3
names on the sign
| Date | Bank on the sign | Deposits | Change |
|---|---|---|---|
| Jun 30 2026 | Alerus Financial, National Association | $45.4M | −3% |
| Jun 30 2025 | Alerus Financial, National Association | $46.9M | −37% |
| Jun 30 2024 | Alerus Financial, National Association | $74.3M | +71% |
| Jun 30 2023 | Alerus Financial, National Association | $43.5M | −12% |
| Jun 30 2022 | Alerus Financial, National Association | $49.3M | +5% |
| Jun 30 2021 | Alerus Financial, National Association | $47.1M | 0% |
| Jun 30 2020 | Alerus Financial, National Association | $47.0M | +14% |
| Jun 30 2019 | Alerus Financial, National Association | $41.4M | −26% |
| Jun 30 2018 | Alerus Financial, National Association | $55.7M | +1% |
| Jun 30 2017 | Alerus Financial, National Association | $55.2M | −26% |
| Jun 30 2016 | Alerus Financial, National AssociationNEW NAME | $74.6M | +7% |
| Jun 30 2015 | Beacon Bank | $69.9M | −2% |
| Jun 30 2014 | Beacon Bank | $71.4M | 0% |
| Jun 30 2013 | Beacon Bank | $71.3M | 0% |
| Jun 30 2012 | Beacon Bank | $71.6M | +11% |
| Jun 30 2011 | Beacon Bank | $64.4M | +8% |
| Jun 30 2010 | Beacon Bank | $59.6M | +16% |
| Jun 30 2009 | Beacon Bank | $51.3M | −1% |
| Jun 30 2008 | Beacon Bank | $51.8M | +13% |
| Jun 30 2007 | Beacon Bank | $45.8M | +16% |
| Jun 30 2006 | Beacon Bank | $39.5M | +3% |
| Jun 30 2005 | Beacon Bank | $38.4M | −6% |
| Jun 30 2004 | Beacon Bank | $41.1M | +9% |
| Jun 30 2003 | Beacon Bank | $37.9M | +8% |
| Jun 30 2002 | Beacon Bank | $35.1M | +14% |
| Jun 30 2001 | Beacon Bank | $30.8M | −4% |
| Jun 30 2000 | Beacon Bank | $32.1M | +13% |
| Jun 30 1999 | Beacon BankNEW NAME | $28.3M | +13% |
| Jun 30 1998 | First State Bank of Excelsior | $25.0M | −4% |
| Jun 30 1997 | First State Bank of Excelsior | $26.1M | −14% |
| Jun 30 1996 | First State Bank of Excelsior | $30.5M |
Nearest other open offices in Hennepin County
- 0.2 miWells Fargo Bank, National Association · 411 Water St, Excelsior
- 0.3 miThe Huntington National Bank · 435 Water St, Excelsior
- 0.3 miU.S. Bank National Association · 494 Water St, Excelsior
- 0.7 miBridgewater Bank · 21500 Highway 7, Greenwood
- 2.9 miBridgewater Bank · 2445 Shadywood Rd, Orono
- 3.0 miU.S. Bank National Association · 17800 Highway 7, Minnetonka
- 3.1 miWells Fargo Bank, National Association · 5120 County Road 101, Minnetonka
- 3.2 miJPMorgan Chase Bank, National Association · 4799 County Road 101, Minnetonka
All banks in Hennepin County →
Every Alerus Financial, National Association office →
Earlier names and banks folded into Alerus Financial, National Association →
Names on the sign
1996–1998First State Bank of Excelsior1999–2015Beacon Bank2016–nowAlerus Financial, National Association
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) 222762.