Frandsen Bank & Trust - Lakeville, Minnesota

Introduction

Nestled in the heart of Lakeville, Minnesota, Frandsen Bank & Trust, situated at 20280 Iberia Ave, has been serving the local community with a commitment to personalized banking services and financial expertise. This full-service bank offers a comprehensive range of financial solutions tailored to meet the unique needs of its customers. Let's delve into the details of this esteemed financial institution.

Main Services

Frandsen Bank & Trust prides itself on providing a wide array of services designed to cater to both personal and business banking needs. Here's a list of their primary services:

• Personal Banking: Checking and savings accounts, CDs, IRAs, and health savings accounts.
• Business Banking: Business checking, savings, and money market accounts, as well as payroll and treasury management services.
• Loans: Mortgages, home equity loans, auto loans, personal loans, and business loans.
• Credit Cards: A variety of credit card options to suit different spending needs and habits.
• Online and Mobile Banking: Convenient access to account management, bill pay, mobile check deposit, and online transfers.
• ATM Services: Access to a wide network of ATMs for cash withdrawals and deposits.

Location and Access

Frandsen Bank & Trust is strategically located at 20280 Iberia Ave, Lakeville, MN 55044, in the heart of the city's commercial district. This location provides easy access to a multitude of amenities, including retail stores, restaurants, and other local businesses.

The bank is situated in the Iberia Business Park, just off I-35 and County Road 70, making it easily accessible from major thoroughfares. Public transportation is available via the Lakeville Transit, with a stop near the bank. For those driving, the bank offers ample parking, including dedicated spaces for people with disabilities.

Featured Characteristics

Frandsen Bank & Trust stands out with several unique features that enhance the banking experience:

• Drive-through Services: The bank offers a drive-through facility for quick and convenient banking services, open during regular business hours.
• Wheelchair Accessibility: Both the car park and entrance are wheelchair-accessible, ensuring that all customers can access the bank's services comfortably and safely.
• Personalized Service: Frandsen Bank & Trust is known for its commitment to providing personalized service, with friendly and knowledgeable staff dedicated to understanding and meeting each customer's unique financial needs.
• Community Involvement: The bank is deeply rooted in the Lakeville community, actively participating in local events and supporting local causes, reflecting its commitment to giving back and making a positive impact.

Practical Information

Here's some practical information to help plan your visit to Frandsen Bank & Trust:

• Hours of Operation:
  • Lobby: Monday - Friday, 9:00 AM - 5:00 PM
  • Drive-through: Monday - Friday, 8:30 AM - 5:00 PM
  • Saturday: 9:00 AM - 12:00 PM (Drive-through only)
• Phone Number: 952-469-2265
• Website: locations.frandsenbank.com
• ATM Services: The bank offers 24/7 ATM access for cash withdrawals and deposits, with no fees at Frandsen Bank & Trust ATMs.

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. Customers have praised the bank for several positive aspects, including:

• Personalized Service: Several customers highlighted the friendly and helpful staff, who take the time to understand their financial needs and provide tailored solutions.
• Community Involvement: Some customers praised the bank's active participation in local events and support for community causes, demonstrating its commitment to the Lakeville community.
• Convenient Location: The bank's accessible location and ample parking have been appreciated by many customers, making their banking experience more convenient.
• Competitive Rates: Some customers have mentioned that they were able to secure competitive rates for loans and other financial products, contributing to their overall satisfaction with the bank.

These positive aspects reflect Frandsen Bank & Trust's commitment to providing exceptional customer service and supporting the local 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