Frandsen Bank & Trust - Lakeville, Minnesota

Frandsen Bank & Trust: A Comprehensive Review of Their Lakeville, MN Branch

Nestled in the heart of Lakeville, Minnesota, Frandsen Bank & Trust stands as a beacon of financial reliability and customer service. This comprehensive article delves into the main services, location and accessibility, featured characteristics, practical information, and positive aspects highlighted in customer reviews of the bank's 20280 Iberia Ave branch.

Main Services

• Banking Services: Frandsen Bank & Trust offers a wide array of banking services, including personal and business checking and savings accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs).
• Loan Services: The bank provides various loan options to cater to different needs, such as mortgages, home equity loans, personal loans, and business loans.
• Mortgage Lending: Frandsen Bank & Trust specializes in mortgage lending, offering competitive rates and personalized service to help customers find the perfect mortgage solution.
• Online and Mobile Banking: The bank's digital platforms allow customers to manage their accounts, transfer funds, pay bills, and deposit checks remotely and securely.
• ATM Services: The Lakeville branch offers an ATM for customers' convenience, enabling them to withdraw cash, deposit funds, and transfer money between accounts.

Location and Access

Frandsen Bank & Trust is situated at 20280 Iberia Ave, Lakeville, MN 55044, United States. This location puts the bank in close proximity to several residential neighborhoods, such as Lakeville South, Lakeville North, and Select neighborhood. It is also conveniently accessible from Highway 35E and County Road 46.

For customers who prefer to access the bank's services from the comfort of their vehicles, the branch offers a drive-through window for transactions. Additionally, the bank has a wheelchair-accessible car park and entrance, ensuring that all customers can access the facility with ease.

Featured Characteristics

• Historic Building: The Lakeville branch is housed in a historic building, providing a unique and charming atmosphere that sets it apart from other financial institutions in the area.
• Community Involvement: Frandsen Bank & Trust is deeply committed to the Lakeville community. The bank actively supports local organizations and events, fostering a strong sense of community connection and responsibility.
• Experienced Staff: The bank's team of professionals boasts extensive experience in the financial industry, ensuring that customers receive knowledgeable and personalized service tailored to their unique needs.
• Local Decision-Making: As a locally owned and operated bank, Frandsen Bank & Trust has the flexibility to make decisions that benefit the Lakeville community, offering customers a more personalized and responsive banking experience.

Practical Information

• Hours of Operation: The Lakeville branch is open Monday through Thursday from 9:00 AM to 5:00 PM, Friday from 9:00 AM to 6:00 PM, and Saturday from 9:00 AM to 12:00 PM. The drive-through window is open Monday through Friday from 7:30 AM to 6:00 PM and Saturday from 9:00 AM to 12:00 PM.
• Contact Information: Customers can reach the Lakeville branch by phone at 9524692265 or by visiting their website at locations.frandsenbank.com.
• ATM Access: In addition to the ATM located at the branch, Frandsen Bank & Trust customers have access to a network of surcharge-free ATMs throughout the region, providing convenient cash access.

Positive Aspects from Customer Reviews

With an average rating of 3.5 out of 5 stars on Google My Business, Frandsen Bank & Trust's Lakeville branch receives praise for several aspects of its service and operations. Some of the positive aspects highlighted in customer reviews include:

• Exceptional Customer Service: Many customers commend the friendly, helpful, and knowledgeable staff, noting that they feel genuinely valued and appreciated.
• Competitive Rates and Fees: Several customers mention that they have found Frandsen Bank & Trust's rates and fees to be competitive with those of larger banks, making it an attractive financial institution for those seeking value.
• Convenient Location: The bank's location in Lakeville is praised for its accessibility and proximity to various residential neighborhoods, making it easy for customers to access the branch.
• Community Focus: Several customers appreciate the bank's commitment to the Lakeville community, noting that Frandsen Bank & Trust actively supports local organizations and events.

In conclusion, Frandsen Bank & Trust's Lakeville branch offers a comprehensive range of banking services, backed by a team of experienced professionals dedicated to providing exceptional customer service. With its historic building, convenient location, and strong community involvement, the bank stands as a reliable and valued financial partner for the Lakeville 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