Banks in East Grand Forks, MN
Branches open
3
Banks present
3
Deposits (2026)
$212M
Closings on record
1
0 openings
Banks by deposits in East Grand Forks (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Frandsen Bank & Trust | $145M | 68.6% | 1 |
| American Federal Bank | $61M | 28.8% | 1 |
| Ultima Bank Minnesota | $5M | 2.6% | 1 |
All branches
- Frandsen Bank & Trust — 1413 Central Ave Nw$145M
- American Federal Bank — 140 Gateway Dr Ne$61M
- Ultima Bank Minnesota — 205 Demers Ave$5M
Closings
- U.S. Bank — East Grand Forks, MNbank exits city314 14TH STREET, N.E. · closed January 2, 2021
Transcribed from FDIC BankFind Suite active-location records, the annual Summary of Deposits and structure-change records. Deposit figures reflect the office to which deposits are reported and may not represent where depositors live.