Bank Branches › Minnesota › St. Louis County › 102 E Sheridan St
Full-service office · FDIC office no. 283809
Frandsen Bank & Trust
102 E Sheridan St, Ely, MN 55731
Open · June 2026
$47.4M
deposits, 2026
1960
established
31st
of 61 in county
3
names on the sign
| Date | Bank on the sign | Deposits | Change |
|---|---|---|---|
| Jun 30 2026 | Frandsen Bank & Trust | $47.4M | +10% |
| Jun 30 2025 | Frandsen Bank & Trust | $43.2M | +7% |
| Jun 30 2024 | Frandsen Bank & Trust | $40.3M | +5% |
| Jun 30 2023 | Frandsen Bank & Trust | $38.5M | 0% |
| Jun 30 2022 | Frandsen Bank & Trust | $38.5M | +11% |
| Jun 30 2021 | Frandsen Bank & Trust | $34.7M | +58% |
| Jun 30 2020 | Frandsen Bank & Trust | $22.0M | +29% |
| Jun 30 2019 | Frandsen Bank & Trust | $17.0M | +2% |
| Jun 30 2018 | Frandsen Bank & Trust | $16.7M | +4% |
| Jun 30 2017 | Frandsen Bank & Trust | $16.1M | +11% |
| Jun 30 2016 | Frandsen Bank & Trust | $14.6M | +9% |
| Jun 30 2015 | Frandsen Bank & Trust | $13.4M | +2% |
| Jun 30 2014 | Frandsen Bank & Trust | $13.1M | +8% |
| Jun 30 2013 | Frandsen Bank & Trust | $12.1M | +4% |
| Jun 30 2012 | Frandsen Bank & TrustNEW NAME | $11.7M | +5% |
| Jun 30 2011 | Queen City Federal Savings Bank | $11.1M | −8% |
| Jun 30 2010 | Queen City Federal Savings Bank | $12.0M | +11% |
| Jun 30 2009 | Queen City Federal Savings Bank | $10.8M | +16% |
| Jun 30 2008 | Queen City Federal Savings Bank | $9.4M | +1% |
| Jun 30 2007 | Queen City Federal Savings Bank | $9.3M | −25% |
| Jun 30 2006 | Queen City Federal Savings Bank | $12.4M | −6% |
| Jun 30 2005 | Queen City Federal Savings Bank | $13.2M | +13% |
| Jun 30 2004 | Queen City Federal Savings Bank | $11.7M | +26% |
| Jun 30 2003 | Queen City Federal Savings Bank | $9.3M | +2% |
| Jun 30 2002 | Queen City Federal Savings Bank | $9.1M | +6% |
| Jun 30 2001 | Queen City Federal Savings Bank | $8.6M | +7% |
| Jun 30 2000 | Queen City Federal Savings Bank | $8.1M | +1% |
| Jun 30 1999 | Queen City Federal Savings Bank | $8.0M | −2% |
| Jun 30 1998 | Queen City Federal Savings Bank | $8.2M | −6% |
| Jun 30 1997 | Queen City Federal Savings Bank | $8.7M | −3% |
| Jun 30 1996 | Queen City Federal Savings Bank | $9.0M | −7% |
| Jun 30 1995 | Queen City Federal Savings BankNEW NAME | $9.7M | −3% |
| Jun 30 1994 | Queen City Federal Savings and Loan Association | $10.0M | |
| 1960-08-17 | Office established (FDIC record) — 34 years before this passbook begins | ||
Nearest other open offices in St. Louis County
- <0.1 miWells Fargo Bank, National Association · 104 E Chapman St, Ely
- 0.3 miHighland Bank · 601 E Sheridan St, Ely
- 20.1 miFrandsen Bank & Trust · 415 Main St, Tower
- 29.5 miThe First National Bank of Gilbert · 207 Kennedy Memorial Dr, Hoyt Lakes
- 31.1 miNorthern State Bank · 213 Main St N, Aurora
- 33.9 miPark State Bank · 221 Main St N, Biwabik
- 38.5 miPark State Bank · 128 N Highway 53, Cook
- 40.1 miThe First National Bank of Gilbert · 2 N Broadway Ave, Gilbert
All banks in St. Louis County →
Every Frandsen Bank & Trust office →
Earlier names and banks folded into Frandsen Bank & Trust →
Names on the sign
1994–1994Queen City Federal Savings and Loan Association1995–2011Queen 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) 283809.