Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Minnesota › Le Sueur County › 103 Elm Avenue

Full-service office · FDIC office no. 8461

Frandsen Bank & Trust
103 Elm Avenue, Montgomery, MN 56069

Last reported 2008

$29.7M
peak deposits
1905
established
—
rank in county
3
names on the sign

This office filed its last FDIC deposit report in 2008. It is missing from every report since, which usually means it closed. The FDIC record doesn't give a reason. Le Sueur County has 11 offices open today, listed below.

This office's passbook1994–2008
DateBank on the signDepositsChange
Jun 30 2026NOT REPORTED missing from the 2026 report (and every year since 2009)
Jun 30 2008Frandsen Bank & Trust$25.3M+3%
Jun 30 2007Frandsen Bank & Trust$24.6M+4%
Jun 30 2006Frandsen Bank & Trust$23.6M−15%
Jun 30 2005Frandsen Bank & TrustNEW NAME$27.7M−2%
Jun 30 2004Rural American Bank-Montgomery/Lonsdale$28.3M+1%
Jun 30 2003Rural American Bank-Montgomery/Lonsdale$28.2M+8%
Jun 30 2002Rural American Bank-Montgomery/Lonsdale$26.1M−6%
Jun 30 2001Rural American Bank-Montgomery/Lonsdale$27.6M−1%
Jun 30 2000Rural American Bank-Montgomery/Lonsdale$27.8M−2%
Jun 30 1999Rural American Bank-Montgomery/LonsdaleNEW NAME$28.3M−5%
Jun 30 1998Citizens State Bank of Montgomery$29.7M0%
Jun 30 1997Citizens State Bank of Montgomery$29.7M+10%
Jun 30 1996Citizens State Bank of Montgomery$27.0M−3%
Jun 30 1995Citizens State Bank of Montgomery$27.8M+4%
Jun 30 1994Citizens State Bank of Montgomery$26.8M
1905-11-05Office established (FDIC record) — 89 years before this passbook begins

Nearest open offices in Le Sueur County

  1. 0.1 miFrandsen Bank & Trust · 125 1st St S, Montgomery
  2. 0.4 miCornerstone State Bank · 401 4th St Nw, Montgomery
  3. 7.4 miFirst Bank & Trust · 1101 1st St Se, New Prague
  4. 8.1 miFirst State Bank of Le Center · 88 N Park Ave, Le Center
  5. 8.1 miThe First National Bank of Le Center · 10 West Minnesota St., Minneapolis
  6. 14.8 miHomeTown Bank · 326 Broadway St, Cleveland
  7. 15.1 miFrandsen Bank & Trust · 320 Main St E, Waterville
  8. 16.5 miCornerstone State Bank · 415 N Main St, Le Sueur

All banks in Le Sueur County →
Every Frandsen Bank & Trust office →
What became of Frandsen Bank & Trust →

Names on the sign

1994–1998Citizens State Bank of Montgomery1999–2004Rural American Bank-Montgomery/Lonsdale2005–2008Frandsen 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) 8461.