Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Minnesota › Rice County › 116 Central St W

Full-service office · FDIC office no. 921

Frandsen Bank & Trust
116 Central St W, Lonsdale, MN 55046

Open · June 2026

$81.3M
deposits, 2026
1901
established
10th
of 17 in county
3
names on the sign
This office's passbook1994–2026
DateBank on the signDepositsChange
Jun 30 2026Frandsen Bank & Trust$81.3M+1%
Jun 30 2025Frandsen Bank & Trust$80.8M+3%
Jun 30 2024Frandsen Bank & Trust$78.7M−4%
Jun 30 2023Frandsen Bank & Trust$82.3M+8%
Jun 30 2022Frandsen Bank & Trust$76.4M+11%
Jun 30 2021Frandsen Bank & Trust$69.0M+17%
Jun 30 2020Frandsen Bank & Trust$58.7M+9%
Jun 30 2019Frandsen Bank & Trust$53.8M+6%
Jun 30 2018Frandsen Bank & Trust$51.0M+9%
Jun 30 2017Frandsen Bank & Trust$46.7M−4%
Jun 30 2016Frandsen Bank & Trust$48.5M+9%
Jun 30 2015Frandsen Bank & Trust$44.4M+5%
Jun 30 2014Frandsen Bank & Trust$42.3M−7%
Jun 30 2013Frandsen Bank & Trust$45.6M+7%
Jun 30 2012Frandsen Bank & Trust$42.5M+2%
Jun 30 2011Frandsen Bank & Trust$41.7M+3%
Jun 30 2010Frandsen Bank & Trust$40.5M+7%
Jun 30 2009Frandsen Bank & Trust$37.8M−5%
Jun 30 2008Frandsen Bank & Trust$39.6M+8%
Jun 30 2007Frandsen Bank & Trust$36.8M0%
Jun 30 2006Frandsen Bank & Trust$36.6M+13%
Jun 30 2005Frandsen Bank & TrustNEW NAME$32.5M−38%
Jun 30 2004Valley Bank & Trust$52.1M0%
Jun 30 2003Valley Bank & Trust$52.2M−8%
Jun 30 2002Valley Bank & TrustNEW NAME$57.0M0%
Jun 30 2001State Bank & Trust Company of New Ulm$56.8M+3%
Jun 30 2000State Bank & Trust Company of New Ulm$55.4M−6%
Jun 30 1999State Bank & Trust Company of New Ulm$59.0M−3%
Jun 30 1998State Bank & Trust Company of New Ulm$60.6M+3%
Jun 30 1997State Bank & Trust Company of New Ulm$59.0M+9%
Jun 30 1996State Bank & Trust Company of New Ulm$54.0M−10%
Jun 30 1995State Bank & Trust Company of New Ulm$60.1M−9%
Jun 30 1994State Bank & Trust Company of New Ulm$65.9M
1901-08-01Office established (FDIC record) — 93 years before this passbook begins

Nearest other open offices in Rice County

  1. 0.5 miThe First National Bank of Le Center · 701 Ash St Ne, Lonsdale
  2. 12.2 miFrandsen Bank & Trust · 715 Stafford Rd N, Dundas
  3. 12.5 miCommunity Resource Bank · 1605 Heritage Dr, Northfield
  4. 12.5 miMerchants Bank, National Association · 1611 Honey Locust Dr, Northfield
  5. 12.7 miHeritage Bank Minnesota · 1520 Clinton Ln, Northfield
  6. 13.0 miReliance Bank · 2300 30th St Nw, Faribault
  7. 13.3 miPremier Bank Minnesota · 142 2nd St W, Northfield
  8. 13.3 miWells Fargo Bank, National Association · 700 Water St S, Northfield

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

Names on the sign

1994–2001State Bank & Trust Company of New Ulm2002–2004Valley Bank & Trust2005–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) 921.