Bank Branches › Minnesota › Norman County › 410 2nd St W
Full-service office · FDIC office no. 5230
Frandsen Bank & Trust
410 2nd St W, Ada, MN 56510
Open · June 2026
$71.5M
deposits, 2026
1881
established
1st
of 7 in county
3
names on the sign
| Date | Bank on the sign | Deposits | Change |
|---|---|---|---|
| Jun 30 2026 | Frandsen Bank & Trust | $71.5M | +8% |
| Jun 30 2025 | Frandsen Bank & Trust | $65.9M | +18% |
| Jun 30 2024 | Frandsen Bank & Trust | $55.7M | +17% |
| Jun 30 2023 | Frandsen Bank & Trust | $47.6M | −11% |
| Jun 30 2022 | Frandsen Bank & Trust | $53.2M | +11% |
| Jun 30 2021 | Frandsen Bank & Trust | $47.7M | +17% |
| Jun 30 2020 | Frandsen Bank & Trust | $40.9M | +15% |
| Jun 30 2019 | Frandsen Bank & Trust | $35.6M | −13% |
| Jun 30 2018 | Frandsen Bank & Trust | $40.8M | −7% |
| Jun 30 2017 | Frandsen Bank & Trust | $43.6M | +3% |
| Jun 30 2016 | Frandsen Bank & Trust | $42.2M | −2% |
| Jun 30 2015 | Frandsen Bank & Trust | $43.2M | −3% |
| Jun 30 2014 | Frandsen Bank & Trust | $44.5M | +7% |
| Jun 30 2013 | Frandsen Bank & Trust | $41.6M | +4% |
| Jun 30 2012 | Frandsen Bank & Trust | $39.9M | −6% |
| Jun 30 2011 | Frandsen Bank & Trust | $42.7M | +13% |
| Jun 30 2010 | Frandsen Bank & TrustNEW NAME | $37.6M | +4% |
| Jun 30 2009 | Community Bank of the Red River Valley | $36.1M | −2% |
| Jun 30 2008 | Community Bank of the Red River Valley | $37.0M | +13% |
| Jun 30 2007 | Community Bank of the Red River Valley | $32.9M | +3% |
| Jun 30 2006 | Community Bank of the Red River ValleyNEW NAME | $32.1M | +5% |
| Jun 30 2005 | Rural American Bank - Ada | $30.6M | +10% |
| Jun 30 2004 | Rural American Bank - Ada | $27.8M | −11% |
| Jun 30 2003 | Rural American Bank - Ada | $31.3M | +7% |
| Jun 30 2002 | Rural American Bank - Ada | $29.3M | 0% |
| Jun 30 2001 | Rural American Bank - Ada | $29.3M | −3% |
| Jun 30 2000 | Rural American Bank - Ada | $30.1M | −2% |
| Jun 30 1999 | Rural American Bank - Ada | $30.8M | −6% |
| Jun 30 1998 | Rural American Bank - Ada | $32.8M | +13% |
| Jun 30 1997 | Rural American Bank - Ada | $28.9M | +1% |
| Jun 30 1996 | Rural American Bank - Ada | $28.6M | +2% |
| Jun 30 1995 | Rural American Bank - Ada | $28.0M | 0% |
| Jun 30 1994 | Rural American Bank - Ada | $27.9M | |
| 1881-03-01 | Office established (FDIC record) — 113 years before this passbook begins | ||
Nearest other open offices in Norman County
- 0.1 miBMO Bank National Association · 412 E Main St, Ada
- 0.5 miAmerican Federal Bank · 201 E Main St S, Ada
- 12.4 miUnited Valley Bank · 205 Main Ave W, Twin Valley
- 12.7 miUltima Bank Minnesota · 112 Main St, Gary
- 14.0 miNorthwestern Bank, National Association · 300 Main Street, Hendrum
- 14.9 miRed River State Bank · 300 2nd Ave W, Halstad
All banks in Norman County →
Every Frandsen Bank & Trust office →
Earlier names and banks folded into Frandsen Bank & Trust →
Names on the sign
1994–2005Rural American Bank - Ada2006–2009Community Bank of the Red River Valley2010–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) 5230.