Frandsen Bank & Trust - Lakeville, Minnesota

Introduction to Frandsen Bank & Trust at Lakeville, MN

Nestled in the heart of Lakeville, Minnesota, Frandsen Bank & Trust stands as a robust financial institution, dedicated to serving the local community's banking needs. Situated at 20280 Iberia Ave, this branch offers a comprehensive range of financial services, making it a one-stop shop for individuals and businesses alike. With a commitment to personalized service and community involvement, Frandsen Bank & Trust has been a trusted name in the Lakeville area for many years.

Main Services

• Banking Services: Frandsen Bank & Trust offers a wide array of banking services, including checking and savings accounts, money market accounts, and certificates of deposit (CDs). Their accounts come with competitive interest rates, flexible terms, and convenient online and mobile banking options.
• Loans and Mortgages: The branch specializes in mortgage lending, helping customers secure the best possible rates and terms for home purchases, refinancing, and home equity loans. They also provide personal loans, auto loans, and business loans tailored to meet individual needs.
• Business Services: Frandsen Bank & Trust caters to businesses of all sizes, offering checking accounts, savings accounts, and treasury management services. They also provide commercial lending solutions and merchant services to help businesses grow and thrive.
• ATM Services: The branch is equipped with an ATM for customers' cash withdrawal and deposit needs 24/7.

Location and Access

Frandsen Bank & Trust is conveniently located at 20280 Iberia Ave, Lakeville, MN 55044, United States. Situated in the heart of Lakeville, the branch is easily accessible from major thoroughfares, including Interstate 35 and County Road 46. The branch is surrounded by various amenities, such as restaurants, retail stores, and healthcare facilities, making it a convenient stop for customers running errands or visiting nearby businesses.

Transportation and Parking

• Public Transportation: The branch is served by several public transportation options. The Lakeville Transit System operates nearby, with several bus stops within walking distance. Additionally, the branch is just a short drive from the Lakeville Transit Center, which offers connections to other transit systems in the Minneapolis-Saint Paul metropolitan area.
• Parking: Frandsen Bank & Trust offers ample parking for customers, including accessible parking spaces for customers with disabilities. The parking lot is well-lit and monitored by surveillance cameras for added security.

Featured Characteristics

• Drive-through Services: The branch features a drive-through lane, allowing customers to conduct basic banking transactions, such as deposits, withdrawals, and transfers, from the comfort of their vehicles.
• Wheelchair Accessibility: Frandsen Bank & Trust is committed to ensuring that all customers can access its services. The branch features a wheelchair-accessible entrance and parking spaces, as well as accessible restrooms.
• Community Involvement: Frandsen Bank & Trust is deeply rooted in the Lakeville community and actively supports local organizations and events. The branch regularly participates in and sponsors local events, such as the Lakeville Arts Center's annual holiday craft fair and the Lakeville Area Chamber of Commerce's Business Expo.

Practical Information

• Phone Number: 952-469-2265
• Website: locations.frandsenbank.com
• Hours of Operation:
  • Monday - Friday: 9:00 AM - 5:00 PM
  • Saturday: 9:00 AM - 12:00 PM
  • Sunday: Closed

Positive Aspects from Customer Reviews

With an average rating of 3.5 out of 5 stars from 8 reviews on Google My Business, Frandsen Bank & Trust has received positive feedback for several aspects of its service:

• Personalized Service: Many customers appreciate the friendly and helpful staff, who take the time to understand their unique financial needs and provide personalized solutions.
• Competitive Rates: Several customers mention that Frandsen Bank & Trust offers competitive interest rates on their accounts and loans, helping them save money in the long run.
• Convenient Location: Customers appreciate the branch's convenient location in Lakeville, with easy access to major thoroughfares and ample parking.

Customer reviews also highlight the branch's involvement in the local community, with customers mentioning that they appreciate supporting a locally-owned bank that gives back to the community.

While the average rating is 3.5 stars, it is essential to address the negative reviews as well. Some customers have mentioned longer wait times during peak hours and occasional issues with online banking. However, Frandsen Bank & Trust has been responsive to these concerns, addressing them promptly and working to improve their services.

In conclusion, Frandsen Bank & Trust at Lakeville, MN, offers a comprehensive range of financial services tailored to meet the unique needs of its customers. With a commitment to personalized service, competitive rates, and community involvement, the branch has established itself as a trusted financial partner in the Lakeville area. Its convenient location, accessible facilities, and friendly staff make it an attractive choice for both personal and business banking needs.

👍 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