Bank BranchesEvery insured bank office · FDIC · 1994–2026

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
This office's passbook1996–2026
DateBank on the signDepositsChange
Jun 30 2026Alerus Financial, National Association$45.4M−3%
Jun 30 2025Alerus Financial, National Association$46.9M−37%
Jun 30 2024Alerus Financial, National Association$74.3M+71%
Jun 30 2023Alerus Financial, National Association$43.5M−12%
Jun 30 2022Alerus Financial, National Association$49.3M+5%
Jun 30 2021Alerus Financial, National Association$47.1M0%
Jun 30 2020Alerus Financial, National Association$47.0M+14%
Jun 30 2019Alerus Financial, National Association$41.4M−26%
Jun 30 2018Alerus Financial, National Association$55.7M+1%
Jun 30 2017Alerus Financial, National Association$55.2M−26%
Jun 30 2016Alerus Financial, National AssociationNEW NAME$74.6M+7%
Jun 30 2015Beacon Bank$69.9M−2%
Jun 30 2014Beacon Bank$71.4M0%
Jun 30 2013Beacon Bank$71.3M0%
Jun 30 2012Beacon Bank$71.6M+11%
Jun 30 2011Beacon Bank$64.4M+8%
Jun 30 2010Beacon Bank$59.6M+16%
Jun 30 2009Beacon Bank$51.3M−1%
Jun 30 2008Beacon Bank$51.8M+13%
Jun 30 2007Beacon Bank$45.8M+16%
Jun 30 2006Beacon Bank$39.5M+3%
Jun 30 2005Beacon Bank$38.4M−6%
Jun 30 2004Beacon Bank$41.1M+9%
Jun 30 2003Beacon Bank$37.9M+8%
Jun 30 2002Beacon Bank$35.1M+14%
Jun 30 2001Beacon Bank$30.8M−4%
Jun 30 2000Beacon Bank$32.1M+13%
Jun 30 1999Beacon BankNEW NAME$28.3M+13%
Jun 30 1998First State Bank of Excelsior$25.0M−4%
Jun 30 1997First State Bank of Excelsior$26.1M−14%
Jun 30 1996First State Bank of Excelsior$30.5M

Nearest other open offices in Hennepin County

  1. 0.2 miWells Fargo Bank, National Association · 411 Water St, Excelsior
  2. 0.3 miThe Huntington National Bank · 435 Water St, Excelsior
  3. 0.3 miU.S. Bank National Association · 494 Water St, Excelsior
  4. 0.7 miBridgewater Bank · 21500 Highway 7, Greenwood
  5. 2.9 miBridgewater Bank · 2445 Shadywood Rd, Orono
  6. 3.0 miU.S. Bank National Association · 17800 Highway 7, Minnetonka
  7. 3.1 miWells Fargo Bank, National Association · 5120 County Road 101, Minnetonka
  8. 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.