Frandsen Bank & Trust - Lakeville, Minnesota

Introduction

Frandsen Bank & Trust, situated at 20280 Iberia Ave, Lakeville, MN 55044, United States, is a renowned financial institution that has been serving the local community with distinction. Established to provide personalized banking services, Frandsen Bank & Trust has evolved over the years, offering a comprehensive range of financial solutions to meet the diverse needs of its customers.

Main Services

Frandsen Bank & Trust offers an array of services designed to cater to both individual and business clients. Some of the key services include:

• Banking Services: The bank offers a wide range of deposit accounts, including checking and savings accounts, along with certificates of deposit (CDs) and individual retirement accounts (IRAs).
• Loans and Mortgages: Frandsen Bank & Trust specializes in mortgage lending, helping customers secure the best possible rates for their home loans. They also offer personal loans, auto loans, and business loans tailored to meet specific needs.
• Business Services: The bank provides a suite of services for businesses, including checking accounts, payroll services, and commercial loans. They also offer treasury management services to help businesses streamline their financial operations.
• Online and Mobile Banking: Frandsen Bank & Trust offers convenient online and mobile banking services, allowing customers to manage their accounts, pay bills, and transfer funds anytime, anywhere.
• ATM Services: The bank provides 24/7 access to cash through its network of ATMs, ensuring customers have convenient access to their funds.

Location and Access

Frandsen Bank & Trust is located at the intersection of Iberia Avenue and Dakota Avenue in Lakeville, Minnesota. The branch is situated in a bustling commercial area, making it easily accessible for customers.

• Address: 20280 Iberia Ave, Lakeville, MN 55044, United States
• Phone: 952-469-2265
• Website: locations.frandsenbank.com

The branch is easily accessible by both car and public transportation. For those driving, there is ample parking available on-site, including dedicated spaces for customers with disabilities. The branch is also wheelchair-accessible, with a ramp leading to the entrance.

Featured Characteristics

Frandsen Bank & Trust stands out for several unique characteristics that set it apart from other financial institutions.

• Local Presence: As a community bank, Frandsen Bank & Trust prides itself on its local presence and understanding of the community's needs. This allows them to provide personalized service and tailored solutions for their customers.
• Drive-Thru Services: The branch offers a drive-thru service, allowing customers to conduct basic banking transactions without leaving their vehicles.
• Community Involvement: Frandsen Bank & Trust is actively involved in the local community, supporting various charitable causes and events. This commitment to community involvement reflects the bank's dedication to serving its customers and the broader community.
• Experienced Staff: The bank employs a team of experienced and knowledgeable staff who are committed to providing exceptional customer service. They take the time to understand each customer's unique financial needs and provide tailored solutions to meet those needs.

Practical Information

For customers planning to visit the Frandsen Bank & Trust branch, here's some practical information to keep in mind:

• Lobby Hours: Monday - Friday: 9:00 AM - 5:00 PM, Saturday: 9:00 AM - 12:00 PM
• Drive-Thru Hours: Monday - Friday: 8:00 AM - 5:00 PM, Saturday: 9:00 AM - 12:00 PM
• ATM Services: The branch's ATM is available 24/7 for customers to withdraw cash, check their balances, and deposit funds.
• Safe Deposit Boxes: Frandsen Bank & Trust offers safe deposit boxes for customers who need to store valuable items securely.

Positive Aspects from Reviews

Frandsen Bank & Trust has received positive reviews from its customers, with an average rating of 3.5/5 on Google My Business. Some of the positive aspects highlighted in the reviews include:

• Personalized Service: Many customers appreciate the personalized and friendly service they receive from the bank's staff, who take the time to understand their unique financial needs.
• Competitive Rates: Several customers have praised the bank for offering competitive rates on loans and deposit accounts.
• Convenient Location: The branch's convenient location and ample parking have been mentioned as positive aspects by several customers.
• Community Involvement: Some customers have commended the bank for its involvement in the local community and its support for local causes.

In conclusion, Frandsen Bank & Trust offers a comprehensive range of financial services tailored to meet the diverse needs of its customers. With its convenient location, personalized service, and commitment to community involvement, the bank has established itself as a trusted financial partner for the Lakeville community and beyond.

👍 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