Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Minnesota › St. Louis County › 415 Main St

Full-service office · FDIC office no. 10118

Frandsen Bank & Trust
415 Main St, Tower, MN 55790

Open · June 2026

$27.4M
deposits, 2026
1942
established
44th
of 61 in county
3
names on the sign
This office's passbook1994–2026
DateBank on the signDepositsChange
Jun 30 2026Frandsen Bank & Trust$27.4M+1%
Jun 30 2025Frandsen Bank & Trust$27.1M+13%
Jun 30 2024Frandsen Bank & Trust$24.0M+4%
Jun 30 2023Frandsen Bank & Trust$23.0M+5%
Jun 30 2022Frandsen Bank & Trust$22.0M+7%
Jun 30 2021Frandsen Bank & Trust$20.5M+10%
Jun 30 2020Frandsen Bank & Trust$18.6M+5%
Jun 30 2019Frandsen Bank & Trust$17.7M−7%
Jun 30 2018Frandsen Bank & Trust$19.0M+8%
Jun 30 2017Frandsen Bank & Trust$17.5M+3%
Jun 30 2016Frandsen Bank & Trust$17.1M−4%
Jun 30 2015Frandsen Bank & Trust$17.8M+2%
Jun 30 2014Frandsen Bank & Trust$17.4M+7%
Jun 30 2013Frandsen Bank & Trust$16.3M−13%
Jun 30 2012Frandsen Bank & TrustNEW NAME$18.7M−4%
Jun 30 2011Queen City Federal Savings Bank$19.4M−10%
Jun 30 2010Queen City Federal Savings Bank$21.7M+2%
Jun 30 2009Queen City Federal Savings BankNEW NAME$21.2M−4%
Jun 30 2008State Bank of Tower$22.1M+5%
Jun 30 2007State Bank of Tower$21.1M+17%
Jun 30 2006State Bank of Tower$18.1M−53%
Jun 30 2005State Bank of Tower$38.8M+1%
Jun 30 2004State Bank of Tower$38.3M+2%
Jun 30 2003State Bank of Tower$37.4M−4%
Jun 30 2002State Bank of Tower$39.0M−3%
Jun 30 2001State Bank of Tower$40.4M+29%
Jun 30 2000State Bank of Tower$31.3M+2%
Jun 30 1999State Bank of Tower$30.6M+16%
Jun 30 1998State Bank of Tower$26.3M+9%
Jun 30 1997State Bank of Tower$24.0M+52%
Jun 30 1996State Bank of Tower$15.8M+11%
Jun 30 1995State Bank of Tower$14.2M+23%
Jun 30 1994State Bank of Tower$11.6M
1942-02-25Office established (FDIC record) — 52 years before this passbook begins

Nearest other open offices in St. Louis County

  1. 19.1 miPark State Bank · 221 Main St N, Biwabik
  2. 19.2 miNorthern State Bank · 213 Main St N, Aurora
  3. 19.7 miPark State Bank · 128 N Highway 53, Cook
  4. 20.1 miWells Fargo Bank, National Association · 104 E Chapman St, Ely
  5. 20.1 miFrandsen Bank & Trust · 102 E Sheridan St, Ely
  6. 20.5 miHighland Bank · 601 E Sheridan St, Ely
  7. 20.6 miThe First National Bank of Gilbert · 207 Kennedy Memorial Dr, Hoyt Lakes
  8. 23.0 miWells Fargo Bank, National Association · 401 Chestnut St, Virginia

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

Names on the sign

1994–2008State Bank of Tower2009–2011Queen 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) 10118.