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Banks and Bank Branches in East Grand Forks, Minnesota

The FDIC reported 3 deposit-reporting offices from 3 institutions in East Grand Forks as of June 30, 2025. Bankular currently provides 4 detailed location pages with addresses, maps and directions.

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FDIC-reported offices3
Institutions reporting3
Detailed location pages4
Reported branch deposits$213.0M
SOD reporting dateJune 30, 2025

Reported-office totals come from the annual FDIC Summary of Deposits survey. Maps and branch-detail links appear only for locations with a validated Bankular location page.

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionFrandsen Bank & Trust68.95% of deposits
Top three share100.00%
Deposit HHI5,582Higher concentration
Current detailed pages41 more than the June 2025 SOD count

Frandsen Bank & Trust held 68.95% of reported branch deposits in East Grand Forks. The three largest institutions together held 100.00%. Bankular places the resulting HHI of 5,582 in its higher concentration descriptive band.

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Detailed bank locations in East Grand Forks

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Institutions with validated location pages

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Detailed bank locations in East Grand Forks

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Frandsen Bank & Trust1$146.8M68.95%
American Federal Bank1$61.1M28.68%
Ultima Bank Minnesota1$5.1M2.37%