Frandsen Bank & Trust is a bank based in Lonsdale, Minnesota, established in 1901, with $3.7 billion in total assets across 41 branches. By Trust Grade it ranks 25th of 224 banks we track in Minnesota. Its capital ratio of 11.6% is stronger than 71% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.63% return on assets. No consumer complaints against Frandsen Bank & Trust appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Frandsen Bank & Trust compares to Minnesota peers
How we graded Frandsen Bank & Trust
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.6% capital ratio)
- Strongly profitable (ROA 1.63%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Frandsen Bank & Trust over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (41)
- 415 Main St, Tower, MN 55790
- 125 1st St S, Montgomery, MN 56069
- 1616 S Washington St, Grand Forks, ND 58201
- 320 Main St E, Waterville, MN 56096
- 1413 Central Ave Nw, East Grand Forks, MN 56721
- 212 Main St, Oslo, MN 56744
- 4251 Southtowne Dr, Eau Claire, WI 54701
- 1440 S Main St, Zumbrota, MN 55992
- 102 E Sheridan St, Ely, MN 55731
- 35470 Cty Rd 3, Crosslake, MN 56442
- 121 Main St S, Braham, MN 55006
- 560 3rd Ave Se, Pine City, MN 55063
- 1580 Madison Ave, Mankato, MN 56001
- 10583 Main St, Hayward, WI 54843
- 7429 Excelsior Rd, Baxter, MN 56425
- 331 W Superior St, Duluth, MN 55802
- 100 N Minnesota St, New Ulm, MN 56073
- 501 Chestnut St, Virginia, MN 55792
- 2001 W Broadway Ave, Forest Lake, MN 55025
- 7303 161st St W, Rosemount, MN 55068
- 712 Highway 33 S, Cloquet, MN 55720
- 240 Belgrade Ave, North Mankato, MN 56003
- 3585 Highway 61 N, Vadnais Heights, MN 55110
- 200 Creek Ln N, Jordan, MN 55352
- 59 Highway 23 W, Foley, MN 56329
- 205 Main St S, Bird Island, MN 55310
- 410 2nd St W, Ada, MN 56510
- 20280 Iberia Ave, Lakeville, MN 55044
- 200 S Main St, Luck, WI 54853
- 528 N 1st St, Warren, MN 56762
- 4803 Miller Trunk Hwy, Hermantown, MN 55811
- 100 Park St S, Fairfax, MN 55332
- 341 4th Ave N, Foley, MN 56329
- 823 Belknap St, Superior, WI 54880
- 206 Main Street, Hector, MN 55342
- 302 E 4th Ave, Milbank, SD 57252
- 165 Main St, Clinton, MN 56225
- 128 S Main St, Pine Island, MN 55963
- 70 W 3rd St, Zumbrota, MN 55992
- 715 Stafford Rd N, Dundas, MN 55019
Are deposits at Frandsen Bank & Trust insured?
Yes. Frandsen Bank & Trust is an FDIC-insured bank (FDIC certificate #1399). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Frandsen Bank & Trust: frequently asked questions
Is Frandsen Bank & Trust a good bank?
Frandsen Bank & Trust earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (11.6% capital ratio); Strongly profitable (ROA 1.63%).
Is Frandsen Bank & Trust FDIC-insured?
Yes. Frandsen Bank & Trust is a FDIC-insured bank (FDIC certificate #1399). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Frandsen Bank & Trust?
Frandsen Bank & Trust holds $3.7 billion in total assets, ranking 25th of 224 banks we track in Minnesota. It operates 41 branches.
Does Frandsen Bank & Trust have CFPB complaints?
No CFPB complaints against Frandsen Bank & Trust appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
