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Frandsen Bank & Trust, History
The following are major historical events for Frandsen Bank & Trust, including mergers and acquisitions.
1901-08-01 | Institution established: Original name:State Bank of New Ulm | |
1970-02-05 | Changed name to State Bank & Trust Company of New Ulm | |
2001-08-01 | Changed name to Valley Bank & Trust | |
2004-11-01 | Moved bank headquarters from NEW ULM, MN to LONSDALE, MN | |
2004-11-01 | Changed name to Frandsen Bank & Trust | |
2004-11-01 | Acquired Rural American Bank-Montgomery/Lonsdale (1921) in LONSDALE, MN | |
2005-04-01 | Acquired Valley Bank Dundas (1395) in DUNDAS, MN | |
2006-03-04 | Acquired Rural American Bank - Foley (10209) in FOLEY, MN | |
2008-08-18 | Acquired First National Bank of Montgomery (18705) in MONTGOMERY, MN | |
2009-10-19 | Acquired Northern National Bank (34592) in NISSWA, MN | |
2009-10-19 | Acquired Community Bank of the Red River Valley (19180) in EAST GRAND FORKS, MN | |
2010-05-17 | Acquired Valley Bank (18845) in WATERVILLE, MN | |
2011-03-21 | Acquired Rural American Bank - Braham (5099) in BRAHAM, MN | |
2011-03-21 | Acquired Rural American Bank - Luck (9525) in LUCK, WI | |
2011-08-22 | Acquired Queen City Federal Savings Bank (31204) in VIRGINIA, MN | |
2012-03-17 | Acquired State Bank of Bird Island (8184) in BIRD ISLAND, MN | |
2013-10-21 | Acquired Clinton State Bank (1099) in CLINTON, MN | |
2015-04-01 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2015-04-01 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2016-10-22 | Acquired Provincial Bank (34443) in LAKEVILLE, MN | |
2020-10-17 | Acquired Peoples Bank Midwest (5347) in HAYWARD, WI |