Rural American Bank-Montgomery/Lonsdale
| Status: | Inactive as of 11/01/2004 |
| Merger - Without Assistance | |
| Successor Bank: | Frandsen Bank & Trust |
| Headquarters: | Rural American Bank-Montgomery/Lonsdale 116 Central Street West Lonsdale, MN 55046 |
| Established: | 01/08/1908 |
| FDIC Insurance: | 01/01/1934 |
| FDIC Cert: | #1921 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $73,075,000 |
| Total Deposits: | $65,360,000 |
History
| 1908-01-08 | Institution established: Original name:State Bank of Lonsdale | |
| 1999-01-01 | Acquired Citizens State Bank of Montgomery (13439) in MONTGOMERY, MN | |
| 1999-01-01 | Changed name to Rural American Bank-Montgomery/Lonsdale | |
| 2004-11-01 | Changed name to Frandsen Bank & Trust (1399) | |
| 2004-11-01 | Merged into and subsequently operated as part of Frandsen Bank & Trust (1399) 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 |