Frandsen Bank & Trust - Lakeville, Minnesota

Introduction to Frandsen Bank & Trust in Lakeville, MN

Nestled in the heart of Lakeville, Minnesota, Frandsen Bank & Trust stands as a beacon of financial stability and community involvement. This locally-operated bank has been serving the community for over a century, offering a wide array of financial services tailored to meet the unique needs of its residents. With a strong commitment to exceptional customer service and community engagement, Frandsen Bank & Trust has become a trusted financial partner for individuals, families, and businesses in Lakeville and the surrounding areas.

Main Services

• Banking Services: Frandsen Bank & Trust offers a comprehensive range of banking services to cater to diverse financial needs. Their services include personal and business checking and savings accounts, money market accounts, and certificates of deposit (CDs). They also provide online and mobile banking options for added convenience.
• Loans and Mortgages: The bank specializes in mortgage lending, helping customers secure the best possible rates for their home purchases, refinances, or home equity loans. Additionally, they offer personal loans, auto loans, and business loans to meet various financial requirements.
• Business Services: Frandsen Bank & Trust provides a suite of services designed to support local businesses, including business checking accounts, payroll services, merchant services, and commercial lending solutions.
• Wealth Management: The bank's wealth management services help clients plan for their financial futures by offering investment management, retirement planning, and estate planning services.
• ATM Services: Frandsen Bank & Trust provides 24/7 access to funds with their ATM services, allowing customers to withdraw cash, check balances, and transfer funds.

Location and Access

Frandsen Bank & Trust is conveniently located at 20280 Iberia Ave, Lakeville, MN 55044, United States, placing it in the bustling heart of Lakeville. The bank is situated in the immediate vicinity of several key landmarks, including the Lakeville Area Arts Center and the Lakeville North High School, making it easily accessible for both residents and visitors.

For those traveling by car, the bank is easily reachable via Interstate 35 and County Road 46. There is ample parking available on-site, including designated spaces for customers with disabilities. Additionally, the bank offers a drive-through facility for added convenience.

Public transportation users can access the bank via the Dakota County Transit bus service. The nearest bus stop, Lakeville High School, is just a short walk away from the bank. The Dakota County Transit service connects Lakeville to neighboring cities and the broader Minneapolis-Saint Paul metropolitan area.

Featured Characteristics

• Historic Building: Frandsen Bank & Trust occupies a historic building that has been meticulously maintained and updated to preserve its architectural charm while incorporating modern amenities.
• Wheelchair Accessibility: The bank is committed to ensuring that its facilities are accessible to all customers. The entrance and parking area are designed to accommodate customers with disabilities, and the bank's interior is wheelchair accessible.
• Community Involvement: Frandsen Bank & Trust is deeply rooted in the Lakeville community and actively supports local initiatives and organizations. The bank's community involvement spans various areas, including education, health and human services, arts and culture, and environmental conservation.

Practical Information

The Frandsen Bank & Trust branch in Lakeville is open for business Monday through Friday, from 9:00 AM to 5:00 PM. The drive-through facility is open Monday through Friday, from 8:00 AM to 6:00 PM, and on Saturday from 9:00 AM to 12:00 PM. The bank's customer service team can be reached by phone at 952-469-2265 during business hours. Alternatively, customers can visit the bank's website at locations.frandsenbank.com for more information about their services and to access online banking.

Positive Aspects from Reviews

Frandsen Bank & Trust has received a total of 8 reviews on Google My Business, with an average rating of 3.5/5. Some of the positive aspects highlighted by customers in their reviews include:

• Personalized Service: Several customers praised the bank's staff for their friendly, accommodating, and personalized service. They appreciated the time taken by the staff to understand their financial needs and provide tailored solutions.
• Community Focus: Customers commended the bank for its strong connection to the Lakeville community and its active support for local causes and initiatives.
• Convenient Location: Many customers highlighted the bank's convenient location, making it easily accessible for both residents and visitors.
• Historic Building and Charm: Some customers appreciated the bank's historic building and the unique charm it brought to the Lakeville community.

Frandsen Bank & Trust's combination of personalized service, community focus, and convenient location has helped it establish a strong and loyal customer base in Lakeville. The bank's commitment to preserving its historic building and providing accessible facilities further enhances its appeal as a trusted financial partner for the community.

👍 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