Frandsen Bank & Trust - Lakeville, Minnesota

Introduction to Frandsen Bank & Trust: A Comprehensive Guide

Frandsen Bank & Trust, located at 20280 Iberia Ave, Lakeville, MN 55044, is a prominent banking institution serving the local community with a commitment to personalized service and community involvement. This guide provides a detailed exploration of the bank's services, location, unique features, and practical information, along with insights from customer reviews.

Main Services

• Personal Banking: Frandsen Bank & Trust offers a range of personal banking services, including checking and savings accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Their personal banking solutions cater to various needs, from everyday transactions to long-term savings goals.
• Business Banking: The bank provides comprehensive business banking services, such as business checking accounts, loans, and lines of credit. They also offer payroll services, merchant services, and treasury management solutions to help businesses grow and manage their finances effectively.
• Mortgage Services: Frandsen Bank & Trust specializes in mortgage lending, assisting customers with home purchases, refinancing, and home equity loans. Their experienced mortgage team works closely with clients to understand their unique financial situations and find the best loan options to meet their needs.
• Online and Mobile Banking: The bank offers user-friendly online and mobile banking platforms, allowing customers to manage their accounts, pay bills, transfer funds, and deposit checks securely from anywhere, at any time.
• ATM Services: Frandsen Bank & Trust provides ATM services, offering customers convenient access to their funds. Their ATMs are located both at the bank's branches and at various off-site locations throughout the area.

Location and Access

Frandsen Bank & Trust is situated at 20280 Iberia Ave, in the heart of Lakeville, Minnesota. The bank's location in the city's commercial district ensures easy access to a variety of nearby amenities, such as restaurants, shops, and other businesses. The branch is easily accessible from major thoroughfares, including Interstate 35 and County Road 70, making it convenient for customers traveling from surrounding areas.

The bank offers ample parking space, including a wheelchair-accessible car park, to accommodate customers with varying needs. Additionally, the branch features a wheelchair-accessible entrance, demonstrating the bank's commitment to ensuring all customers can access its services comfortably and safely.

Featured Characteristics

Frandsen Bank & Trust stands out with several unique features that set it apart from other financial institutions in the area.

• Community Involvement: The bank takes pride in its community involvement, actively participating in local events, sponsorships, and initiatives. They are committed to giving back to the Lakeville community and supporting its growth and prosperity.
• Personalized Service: Frandsen Bank & Trust emphasizes personalized service, with a dedicated team of bankers who work closely with customers to understand their unique financial needs and provide tailored solutions. The bank's commitment to exceptional customer service ensures that each client feels valued and well-supported.
• Drive-through Services: The bank offers drive-through services, allowing customers to conduct transactions and access their accounts without leaving their vehicles. This convenient feature is particularly useful during inclement weather or for customers with mobility challenges.
• Night Deposit: Frandsen Bank & Trust provides a night deposit service, enabling customers to make deposits after hours, ensuring that they have access to the services they need, even when the branch is closed.

Practical Information

For the convenience of its customers, Frandsen Bank & Trust offers a range of practical information and resources.

• Business Hours: The bank's business hours are Monday through Friday, 9:00 AM to 5:00 PM, with drive-through services available until 6:00 PM on weekdays. The branch is closed on Saturdays and Sundays.
• Contact Information: Customers can reach the Lakeville branch by phone at 952-469-2265 or via email at [[email protected]](mailto:[email protected]).
• Website and Social Media: The bank's website, locations.frandsenbank.com, provides detailed information about the bank's services, locations, and contact details. Frandsen Bank & Trust can also be found on popular social media platforms, such as Facebook, where they regularly share updates, news, and community events.

Positive Aspects from Reviews

Frandsen Bank & Trust has an average opinion rating of 3.5/5 on Google My Business, with 8 reviews contributing to this score. Customers have praised the bank for its personalized service, friendly staff, and community involvement.

Positive aspects mentioned in reviews include:

• Knowledgeable and helpful bankers who take the time to understand individual financial needs and provide tailored solutions.
• A welcoming and friendly atmosphere that makes customers feel valued and appreciated.
• Convenient location and accessibility, with ample parking and wheelchair-accessible features.
• The bank's commitment to supporting and giving back to the local community, through sponsorships, events, and initiatives.

In conclusion, Frandsen Bank & Trust offers a comprehensive range of banking services tailored to meet the unique needs of its customers in Lakeville, Minnesota. With a commitment to personalized service, community involvement, and exceptional customer care, the bank stands out as a trusted and valued financial partner in the local community.

From personal and business banking to mortgage services and online banking solutions, Frandsen Bank & Trust caters to the diverse financial needs of its customers. The bank's convenient location, accessible features, and drive-through services ensure that customers can access the services they need, when they need them. With a strong focus on community engagement and a reputation for exceptional customer care, Frandsen Bank & Trust is an excellent choice for customers seeking a personalized and supportive banking experience.

👍 Reviews of Frandsen Bank & Trust

Bryce R.

1/5

Ok so on a Saturday they do not have an open lobby alright whatever. So I went through the drive through which was open. I asked to get a money order or cashiers check(for purchasing a vehicle). The women who as I assume is newer by the looks of it had talked to someone next to her and she had told me she can’t give me one due to the “vault being closed” which I don’t understand why that even matters. Im not asking for cash. It’s a piece of paper which should have nothing to do with a the vault being closed. I will be taking my money and closing my accounts on Monday.

Moonlite P.

5/5

The most kind and friendly staff you could find. Aldehyde very helpful, and have been very valuable helping us with our commercial and business needs.

Brandon P.

5/5

I Love Frandsen, they are a fantastic Bank to work with and the people are some of the best I've ever done business with!

Michaela H.

5/5

Great service and overall wonderful place to bank. But deposit box was out of envelopes and was filled with cob webs.

Yuriy G.

1/5

Didn't want to take my coins because I didn't have an account with them.

Amanda W.

5/5

Always friendly and helpful

Steve M.

1/5

Dennis A.

5/5