Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Minnesota › Polk County › 428 Bygland Road Southeast

Full-service office · FDIC office no. 360226

Frandsen Bank & Trust
428 Bygland Road Southeast, East Grand Forks, MN 56721

Last reported 2011

$64.3M
peak deposits
2001
established
—
rank in county
3
names on the sign

This office filed its last FDIC deposit report in 2011. It is missing from every report since, which usually means it closed. The FDIC record doesn't give a reason. Polk County has 14 offices open today, listed below.

This office's passbook2001–2011
DateBank on the signDepositsChange
Jun 30 2026NOT REPORTED missing from the 2026 report (and every year since 2012)
Jun 30 2011Frandsen Bank & Trust$0−100%
Jun 30 2010Frandsen Bank & TrustNEW NAME$64.3M
Jun 30 2009Community Bank of the Red River Valley$0
Jun 30 2008Community Bank of the Red River Valley$0
Jun 30 2007Community Bank of the Red River Valley$0
Jun 30 2006Community Bank of the Red River Valley$0−100%
Jun 30 2005Community Bank of the Red River Valley$1.8M−5%
Jun 30 2004Community Bank of the Red River ValleyNEW NAME$1.9M+15%
Jun 30 2003Rural American Bank - East Grand Forks$1.6M+58%
Jun 30 2002Rural American Bank - East Grand Forks$1.0M−23%
Jun 30 2001Rural American Bank - East Grand Forks$1.3M

Nearest open offices in Polk County

  1. 1.2 miUltima Bank Minnesota · 205 Demers Ave, East Grand Forks
  2. 1.6 miAmerican Federal Bank · 140 Gateway Dr Ne, East Grand Forks
  3. 1.7 miFrandsen Bank & Trust · 1413 Central Ave Nw, East Grand Forks
  4. 20.4 miUnited Valley Bank · 1901 Sahlstrom Dr, Crookston
  5. 21.1 miOld National Bank · 201 N Broadway, Crookston
  6. 21.1 miAmerican Federal Bank · 304 N Broadway, Crookston
  7. 42.4 miUnity Bank · 47 County Road 113 N, Mentor
  8. 42.9 miRed River State Bank · 114 N Mill St, Fertile

All banks in Polk County →
Every Frandsen Bank & Trust office →
What became of Frandsen Bank & Trust →

Names on the sign

2001–2003Rural American Bank - East Grand Forks2004–2009Community Bank of the Red River Valley2010–2011Frandsen 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) 360226.