Frandsen Bank & Trust - Lakeville, Minnesota

Introduction to Frandsen Bank & Trust in Lakeville, Minnesota

Nestled in the heart of Lakeville, Minnesota, Frandsen Bank & Trust serves as a beacon of financial stability and excellent customer service. With a rich history dating back to 1902, this locally-focused bank has evolved over the decades to meet the changing needs of its customers, while remaining deeply committed to the communities it serves. Today, Frandsen Bank & Trust stands as a reliable financial partner for individuals, families, and businesses in Lakeville and beyond. Let's delve into the details of this esteemed institution, its services, location, unique features, and what its customers have to say.

Main Services

• Banking Services: Frandsen Bank & Trust offers a comprehensive range of banking services tailored to meet diverse customer needs. These include personal and business checking and savings accounts, time deposits, and money market accounts.
• Loan Services: The bank specializes in mortgage lending, helping customers find the perfect loan for their unique situation. Whether you're a first-time homebuyer or an experienced property investor, Frandsen Bank & Trust's dedicated loan officers can guide you through the process.
• Online and Mobile Banking: Frandsen Bank & Trust provides convenient online and mobile banking services, enabling customers to manage their accounts, transfer funds, pay bills, and deposit checks on the go.
• ATM Services: The bank offers 24/7 access to cash through its network of ATMs, ensuring customers have the funds they need whenever they need them.

Location and Access

Frandsen Bank & Trust is situated at 20280 Iberia Ave, Lakeville, MN 55044, United States, in the heart of the city's commercial district. The bank's location offers easy access to major thoroughfares, including I-35 and County Road 46, making it convenient for customers to visit from nearby neighborhoods such as Lakeville North, Lakeville South, and even from neighboring cities like Farmington and Rosemount.

The bank is located in a well-developed area with a mix of retail stores, restaurants, and other service providers, ensuring customers have ample opportunities to combine their banking needs with other errands. Additionally, the site benefits from excellent public transportation links, with several bus routes serving the area.

Featured Characteristics

• Drive-through Facilities: Frandsen Bank & Trust offers a drive-through service, allowing customers to conduct basic banking transactions without leaving their vehicles. This feature is particularly handy during inclement weather or for customers with mobility challenges.
• Wheelchair-accessible Parking and Entrance: The bank is committed to ensuring all customers can access its services. As such, it provides designated wheelchair-accessible parking spots and an entrance that is easily navigable by customers with mobility aids.
• Community-focused Approach: Frandsen Bank & Trust is deeply rooted in the Lakeville community and actively supports local initiatives. The bank regularly contributes to local charities, sponsors community events, and employs locally, fostering a strong connection with the people it serves.

Practical Information

• Hours of Operation: The bank is typically open from 9:00 AM to 5:00 PM, Monday through Friday. However, these hours may vary, and it is recommended that customers check the bank's website or contact the Lakeville branch directly for the most up-to-date information.
• Contact Information: Customers can reach Frandsen Bank & Trust at their Lakeville branch by calling 9524692265 or by visiting their website at locations.frandsenbank.com.

Positive Aspects from Customer Reviews

Frandsen Bank & Trust has amassed a total of 8 reviews on Google My Business, with an average rating of 3.5/5. Customers have praised the bank for its friendly and knowledgeable staff, who consistently go above and beyond to provide excellent service. The bank's convenient location and drive-through facilities have also been highlighted as significant advantages. One customer noted, "I can't say enough good things about this bank. The customer service is outstanding, and they make you feel like part of the family." Another customer appreciated the bank's community involvement, stating, "It's great to see a bank that truly cares about the community and gives back."

👍 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