Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Minnesota › St. Louis County › 501 Chestnut St

Full-service office · FDIC office no. 44038

Frandsen Bank & Trust
501 Chestnut St, Virginia, MN 55792

Open · June 2026

$132M
deposits, 2026
1960
established
11th
of 61 in county
3
names on the sign
This office's passbook1994–2026
DateBank on the signDepositsChange
Jun 30 2026Frandsen Bank & Trust$132M−8%
Jun 30 2025Frandsen Bank & Trust$143M+11%
Jun 30 2024Frandsen Bank & Trust$128M+7%
Jun 30 2023Frandsen Bank & Trust$120M−1%
Jun 30 2022Frandsen Bank & Trust$122M0%
Jun 30 2021Frandsen Bank & Trust$121M+10%
Jun 30 2020Frandsen Bank & Trust$110M+18%
Jun 30 2019Frandsen Bank & Trust$93.8M−15%
Jun 30 2018Frandsen Bank & Trust$111M−8%
Jun 30 2017Frandsen Bank & Trust$120M−3%
Jun 30 2016Frandsen Bank & Trust$125M0%
Jun 30 2015Frandsen Bank & Trust$125M−14%
Jun 30 2014Frandsen Bank & Trust$145M+13%
Jun 30 2013Frandsen Bank & Trust$129M−2%
Jun 30 2012Frandsen Bank & TrustNEW NAME$131M+10%
Jun 30 2011Queen City Federal Savings Bank$120M+4%
Jun 30 2010Queen City Federal Savings Bank$115M0%
Jun 30 2009Queen City Federal Savings Bank$115M+3%
Jun 30 2008Queen City Federal Savings Bank$112M−2%
Jun 30 2007Queen City Federal Savings Bank$114M0%
Jun 30 2006Queen City Federal Savings Bank$114M+1%
Jun 30 2005Queen City Federal Savings Bank$113M0%
Jun 30 2004Queen City Federal Savings Bank$113M+4%
Jun 30 2003Queen City Federal Savings Bank$109M+2%
Jun 30 2002Queen City Federal Savings Bank$107M+4%
Jun 30 2001Queen City Federal Savings Bank$103M−1%
Jun 30 2000Queen City Federal Savings Bank$104M+2%
Jun 30 1999Queen City Federal Savings Bank$102M+4%
Jun 30 1998Queen City Federal Savings Bank$97.4M+3%
Jun 30 1997Queen City Federal Savings Bank$95.0M+19%
Jun 30 1996Queen City Federal Savings Bank$79.9M−23%
Jun 30 1995Queen City Federal Savings BankNEW NAME$104M+1%
Jun 30 1994Queen City Federal Savings and Loan Association$103M
1960-08-17Office established (FDIC record) — 34 years before this passbook begins

Nearest other open offices in St. Louis County

  1. <0.1 miNorthern State Bank of Virginia · 521 Chestnut St, Virginia
  2. <0.1 miWells Fargo Bank, National Association · 401 Chestnut St, Virginia
  3. <0.1 miNorthern State Bank of Virginia · 600 Chestnut St, Virginia
  4. 0.2 miU.S. Bank National Association · 230 1st St S, Ste 100, Virginia
  5. 1.3 miB2 Bank National Association · 8355 Unity Dr, Virginia
  6. 1.6 miPark State Bank · 8401 Unity Dr, Mountain Iron
  7. 4.1 miThe Miners National Bank of Eveleth · 401 Grant Ave, Eveleth
  8. 4.2 miThe First National Bank of Gilbert · 2 N Broadway Ave, Gilbert

All banks in St. Louis County →
Every Frandsen Bank & Trust office →
Earlier names and banks folded into Frandsen Bank & Trust →

Names on the sign

1994–1994Queen City Federal Savings and Loan Association1995–2011Queen City Federal Savings Bank2012–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) 44038.