Bank Branches › Minnesota › Nicollet County › 1661 Commerce Drive
Full-service office · FDIC office no. 246633
Frandsen Bank & Trust
1661 Commerce Drive, North Mankato, MN 56003
Last reported 2024
$13.2M
peak deposits
1980
established
—
rank in county
4
names on the sign
This office filed its last FDIC deposit report in 2024. It is missing from every report since, which usually means it closed. The FDIC record doesn't give a reason. Nicollet County has 7 offices open today, listed below.
| Date | Bank on the sign | Deposits | Change |
|---|---|---|---|
| Jun 30 2026 | NOT REPORTED missing from the 2026 report (and every year since 2025) | ||
| Jun 30 2024 | Frandsen Bank & Trust | $0 | |
| Jun 30 2023 | Frandsen Bank & Trust | $0 | |
| Jun 30 2022 | Frandsen Bank & Trust | $0 | |
| Jun 30 2021 | Frandsen Bank & Trust | $0 | |
| Jun 30 2020 | Frandsen Bank & Trust | $0 | |
| Jun 30 2019 | Frandsen Bank & Trust | $0 | |
| Jun 30 2018 | Frandsen Bank & Trust | $0 | |
| Jun 30 2017 | Frandsen Bank & Trust | $0 | |
| Jun 30 2016 | Frandsen Bank & Trust | $0 | |
| Jun 30 2015 | Frandsen Bank & Trust | $0 | |
| Jun 30 2014 | Frandsen Bank & Trust | $0 | |
| Jun 30 2013 | Frandsen Bank & Trust | $0 | |
| Jun 30 2012 | Frandsen Bank & Trust | $0 | −100% |
| Jun 30 2011 | Frandsen Bank & Trust | $11.2M | −2% |
| Jun 30 2010 | Frandsen Bank & TrustNEW NAME | $11.5M | −4% |
| Jun 30 2009 | Valley Bank | $11.9M | −10% |
| Jun 30 2008 | Valley Bank | $13.2M | +13% |
| Jun 30 2007 | Valley Bank | $11.7M | +9% |
| Jun 30 2006 | Valley Bank | $10.7M | −4% |
| Jun 30 2005 | Valley Bank | $11.1M | +14% |
| Jun 30 2004 | Valley Bank | $9.8M | −2% |
| Jun 30 2003 | Valley Bank | $10.0M | −4% |
| Jun 30 2002 | Valley Bank | $10.4M | +23% |
| Jun 30 2001 | Valley Bank | $8.5M | +2% |
| Jun 30 2000 | Valley BankNEW NAME | $8.3M | +13% |
| Jun 30 1999 | Rural American Bank-North MankatoNEW NAME | $7.3M | +6% |
| Jun 30 1998 | Valley Bank | $6.9M | −2% |
| Jun 30 1997 | Valley Bank | $7.1M | +28% |
| Jun 30 1996 | Valley Bank | $5.5M | +7% |
| Jun 30 1995 | Valley BankNEW NAME | $5.1M | +27% |
| Jun 30 1994 | Valley National Bank of North Mankato | $4.1M | |
| 1980-11-06 | Office established (FDIC record) — 14 years before this passbook begins | ||
Nearest open offices in Nicollet County
- 0.2 miPioneer Bank · 1735 Commerce Dr, North Mankato
- 1.4 miFrandsen Bank & Trust · 240 Belgrade Ave, North Mankato
- 10.2 miProGrowth Bank · 703 3rd St, Nicollet
- 10.6 miFirst National Bank Minnesota · 226 Nassau St, Saint Peter
- 10.7 miPioneer Bank · 220 S 3rd St, Saint Peter
- 10.8 miHomeTown Bank · 102 S 3rd St, St. Peter
- 25.7 miCitizens Bank Minnesota · 701 Main Ave, Lafayette
All banks in Nicollet County →
Every Frandsen Bank & Trust office →
What became of Frandsen Bank & Trust →
Names on the sign
1994–1994Valley National Bank of North Mankato1995–1998Valley Bank1999–1999Rural American Bank-North Mankato2000–2009Valley Bank2010–2024Frandsen 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) 246633.