Frandsen Bank & Trust holds $3.6B in total assets and has $3.0B in deposits across 26 counties in 5 ranked markets and 3 states. Its deposit footprint is broadly distributed in Minnesota: the top three counties (St. Louis County, Goodhue County, and Nicollet County) hold 24% of its deposits. It is among the top three banks by deposits in 13 of the 26 counties where it operates. Figures are from the FDIC Summary of Deposits as of June 30, 2025, and are refreshed once a year when the next survey is released, not quarterly.
Deposits by county
Data as of June 30, 2025 (FDIC Summary of Deposits)
| County | Deposits | County’s % of Bank’s Deposits | Bank’s % of County Deposits | Branches |
|---|---|---|---|---|
| St. Louis County, MN | $273M | 8.9% | 5.7% | 5 |
| Goodhue County, MN | $249M | 8.2% | 17.5% | 3 |
| Nicollet County, MN | $211M | 6.9% | 28.0% | 1 |
| Sawyer County, WI | $195M | 6.4% | 32.6% | 1 |
| Rice County, MN | $181M | 5.9% | 10.7% | 2 |
| Washington County, MN | $153M | 5.0% | 2.3% | 1 |
| Polk County, MN | $147M | 4.8% | 14.9% | 1 |
| Grand Forks County, ND | $142M | 4.7% | 4.6% | 1 |
| Le Sueur County, MN | $133M | 4.4% | 17.1% | 2 |
| Renville County, MN | $126M | 4.1% | 27.5% | 3 |
| Benton County, MN | $112M | 3.7% | 16.4% | 2 |
| Dakota County, MN | $112M | 3.7% | 1.1% | 2 |
| Brown County, MN | $102M | 3.3% | 10.8% | 1 |
| Polk County, WI | $101M | 3.3% | 13.5% | 1 |
| Eau Claire County, WI | $96M | 3.1% | 4.0% | 1 |
| Pine County, MN | $92M | 3.0% | 19.2% | 1 |
| Crow Wing County, MN | $89M | 2.9% | 4.4% | 2 |
| Scott County, MN | $89M | 2.9% | 3.4% | 1 |
| Ramsey County, MN | $82M | 2.7% | 0.1% | 1 |
| Carlton County, MN | $80M | 2.6% | 17.5% | 1 |
| Marshall County, MN | $79M | 2.6% | 19.5% | 2 |
| Big Stone County, MN | $71M | 2.3% | 26.7% | 1 |
| Norman County, MN | $66M | 2.2% | 27.7% | 1 |
| Isanti County, MN | $62M | 2.0% | 11.0% | 1 |
| Douglas County, WI | $7M | 0.2% | 0.7% | 1 |
| Blue Earth County, MN | $0M | 0.0% | 0.0% | 1 |
“Deposits (SOD)” are deposits as reported to the FDIC at branch level in the Summary of Deposits (SOD), June 30, 2025, and are nominal. They reflect where deposits are booked and may differ from the institution’s balance-sheet total. “County’s % of Bank’s Deposits” is this county’s share of the institution’s total SOD 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.
Browse all covered institutions in the bank directory or the banks headquartered in MN. All 293 markets and the 1,523 counties with a branch 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, or the disclaimer for how this data should, and should not, be read.
Frandsen Bank & Trust is named on this page solely to describe publicly reported FDIC deposit data. Its appearance does not imply any affiliation between Frandsen Bank & Trust and The Executive Recruiter Group, or endorsement by either.