Frandsen Bank & Trust - Lakeville, Minnesota

Frandsen Bank & Trust: A Comprehensive Overview of the Institution

Introduction

Frandsen Bank & Trust is a financial institution that offers a wide range of services to its customers in the Lakeville, Minnesota area. With a focus on providing personalized banking solutions, the bank has established itself as a trusted and reliable financial partner for individuals and businesses. In this article, we will delve into the main services offered by Frandsen Bank & Trust, explore its location and access, highlight its featured characteristics, and provide practical information for those interested in opening an account or conducting banking transactions.

Main Services

• Banking Services:
• Checking and Savings Accounts:
• Individual and Business Checking Accounts:
• Savings Accounts:
• Money Market Accounts:
• CDs and IRAs:
• Mortgage Services:
• Residential Mortgages:
• Commercial Mortgages:
• Refinancing and Remodeling Loans:
• Other Services:
• ATM Services:
• Wire Transfer Services:
• Online and Mobile Banking:

Location and Access

Frandsen Bank & Trust is located at the following address:

20280 Iberia Ave, Lakeville, MN 55044, United States.

This location is easily accessible by car, with ample parking available in the wheelchair-accessible car park. The bank's entrance is also wheelchair-accessible, making it convenient for customers with mobility impairments. Additionally, the bank offers drive-through services for customers who prefer to conduct banking transactions from the comfort of their own vehicles.

Featured Characteristics

Frandsen Bank & Trust is known for its commitment to customer service and community involvement. Some of the featured characteristics of the bank include:

Affordable Interest Rates

Frandsen Bank & Trust offers competitive interest rates on various deposit accounts, making it an attractive option for customers looking to grow their savings.

Convenient ATM Access

With over 20,000 ATMs across the country, Frandsen Bank & Trust customers can access their funds at a moment's notice.

Expert Mortgage Services

The bank's mortgage division offers personalized loan solutions for residential and commercial properties, with experienced loan officers available to guide customers through the application process.

Practical Information

For customers looking to open an account or conduct banking transactions, here are some practical pieces of information:

* Phone: 9524692265
* Website: locations.frandsenbank.com
* Hours of Operation: Monday - Thursday: 8:30am - 5:00pm, Friday: 8:30am - 6:00pm, Saturday: 9:00am - 1:00pm
* Drive-Through Hours: Monday - Thursday: 8:30am - 5:00pm, Friday: 8:30am - 6:00pm

Reviews and Opinions

Frandsen Bank & Trust has received an average rating of 3.5 out of 5 stars on Google My Business, based on 8 reviews. While some customers have praised the bank's customer service and competitive interest rates, others have expressed frustration with the bank's online banking platform and limited branch hours.

Some positive aspects mentioned in reviews include:

* "I've been with Frandsen Bank & Trust for over 10 years and have never had any issues with my accounts or loans. The staff is always friendly and helpful."
* "I recently opened a savings account with Frandsen Bank & Trust and was impressed with the competitive interest rate and low fees."
* "I've been using the bank's mobile app to deposit checks and transfer funds, and it's been a convenient and secure experience."

However, some customers have also expressed concerns about:

* "I've had issues with the bank's online banking platform, including difficulty logging in and accessing my account information."
* "I wish the bank had more branch hours available, especially on weekends. It's inconvenient to have to travel to another city to conduct banking transactions."
* "I was quoted a higher interest rate on my loan than I expected, and I wish the bank had been more transparent about the terms of the loan."

👍 Reviews of Frandsen Bank & Trust