Frandsen Bank & Trust is a Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB) based in Lonsdale, Minnesota, established in 08/01/1901. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 42 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Frandsen Bank & Trust reported total assets of $3,449,037 and manages deposits totaling $2,870,227 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $8,140 thousands last year. For more details, visit their website at frandsenbank.com.
Bank Information:
- Bank Name: Frandsen Bank & Trust
- Address: 116 Central St W, Lonsdale, Rice, MN, 55046
- Website: frandsenbank.com
Classification and Operations:
- State: Minnesota
- Institution Class: Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB)
- Bank Class: State commercial bank, FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 42
- Number of Foreign Offices: 0
- Total Assets: $3,449,037
- Total Deposits: $2,870,227
- Domestic Office Deposits: $2,870,227
Financial Data:
- Net Income (Attributable to Bank): $8,140
Establishment and Record:
- Established Date: 08/01/1901
- Last Recorded Data on: 04/12/2024