Frandsen Bank & Trust holds $3.0B in deposits across 26 counties in 5 ranked markets and 3 states. Its deposit footprint is broadly distributed: the top three counties (St. Louis County, Goodhue County, Nicollet County) hold 24% of its deposits, and Minnesota accounts for 82% of the total. It ranks among the three largest institutions in 13 of the 26 counties where it operates.
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Data as of June 30, 2025 (FDIC Summary of Deposits)
| County | Deposits | County’s % of Bank’s Deposits | Bank’s % of County Deposits | Branches | |
|---|---|---|---|---|---|
| 1. | St. Louis County, MN | $273M | 8.9% | 5.7% | 5 |
| 2. | Goodhue County, MN | $249M | 8.2% | 17.5% | 3 |
| 3. | Nicollet County, MN | $211M | 6.9% | 28.0% | 1 |
| 4. | Sawyer County, WI | $195M | 6.4% | 32.6% | 1 |
| 5. | Rice County, MN | $181M | 5.9% | 10.7% | 2 |
| 6. | Washington County, MN | $153M | 5.0% | 2.3% | 1 |
| 7. | Polk County, MN | $147M | 4.8% | 14.9% | 1 |
| 8. | Grand Forks County, ND | $142M | 4.7% | 4.6% | 1 |
| 9. | Le Sueur County, MN | $133M | 4.4% | 17.1% | 2 |
| 10. | Renville County, MN | $126M | 4.1% | 27.5% | 3 |
| 11. | Benton County, MN | $112M | 3.7% | 16.4% | 2 |
| 12. | Dakota County, MN | $112M | 3.7% | 1.1% | 2 |
| 13. | Brown County, MN | $102M | 3.3% | 10.8% | 1 |
| 14. | Polk County, WI | $101M | 3.3% | 13.5% | 1 |
| 15. | Eau Claire County, WI | $96M | 3.1% | 4.0% | 1 |
| 16. | Pine County, MN | $92M | 3.0% | 19.2% | 1 |
| 17. | Crow Wing County, MN | $89M | 2.9% | 4.4% | 2 |
| 18. | Scott County, MN | $89M | 2.9% | 3.4% | 1 |
| 19. | Ramsey County, MN | $82M | 2.7% | 0.1% | 1 |
| 20. | Carlton County, MN | $80M | 2.6% | 17.5% | 1 |
| 21. | Marshall County, MN | $79M | 2.6% | 19.5% | 2 |
| 22. | Big Stone County, MN | $71M | 2.3% | 26.7% | 1 |
| 23. | Norman County, MN | $66M | 2.2% | 27.7% | 1 |
| 24. | Isanti County, MN | $62M | 2.0% | 11.0% | 1 |
| 25. | Douglas County, WI | $7M | 0.2% | 0.7% | 1 |
| 26. | Blue Earth County, MN | $0M | 0.0% | 0.0% | 1 |
Deposits are as reported to the FDIC at branch level, June 30, 2025, and are nominal. “County’s % of Bank’s Deposits” is this county’s share of the institution’s total deposits; “Bank’s % of County Deposits” is this institution’s deposits as a percent of all deposits booked in that county. Counties within a Combined or Metropolitan Statistical Area link to their full profile; other counties are shown for completeness.
All 293 markets and the 1,533 counties within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates.