Frandsen Bank & Trust - Lakeville, Minnesota

Frandsen Bank & Trust: A Comprehensive Overview of Their Lakeville Branch

Nestled in the heart of Lakeville, Minnesota, Frandsen Bank & Trust's branch at 20280 Iberia Ave offers a range of financial services tailored to meet the needs of the local community. With a strong commitment to customer service and a heritage dating back to 1903, Frandsen Bank & Trust has established itself as a trusted financial institution. This article provides a detailed exploration of the Lakeville branch, its services, location, unique features, and practical information.

Main Services

• Banking Services: Frandsen Bank & Trust offers a full suite of banking services, including personal and business checking and savings accounts. Their accounts come with features like mobile banking, online bill pay, and Apple Pay integration.
• Loans and Mortgages: The bank specializes in mortgage lending, offering a variety of options such as fixed-rate mortgages, adjustable-rate mortgages, and jumbo loans. They also provide personal loans, auto loans, and business loans.
• Financial Planning: Frandsen Bank & Trust's wealth management services include investment planning, retirement planning, and trust and estate planning. Their team of financial advisors works closely with clients to understand their unique financial goals and develop tailored strategies.
• ATM Services: The Lakeville branch has an ATM on-site for customers' convenience, offering 24/7 access to cash withdrawals and other transaction services.

Location and Access

Frandsen Bank & Trust's Lakeville branch is situated at 20280 Iberia Ave, Lakeville, MN 55044, in the heart of the city's commercial district. The branch is easily accessible from major roads, including Interstate 35E and County Road 42.

For those using public transportation, the Lakeville Transit Center is located about a mile away from the branch, with several bus routes serving the area. The branch also offers ample parking, including a wheelchair-accessible car park, ensuring accessibility for all customers.

Featured Characteristics

• Historic Architecture: The Lakeville branch is housed in a historic building that has been meticulously maintained, offering a unique blend of old-world charm and modern banking technology.
• Drive-through Services: For customers on the go, the branch offers drive-through banking services, allowing customers to conduct transactions from the comfort of their vehicles.
• Wheelchair Accessibility: Frandsen Bank & Trust is committed to ensuring all customers can access their services. The Lakeville branch features a wheelchair-accessible entrance and restrooms.
• Community Involvement: As a local bank, Frandsen Bank & Trust is deeply invested in the Lakeville community. They actively participate in local events and support community initiatives, fostering a strong sense of connection with their customers.

Practical Information

• Hours of Operation: The Lakeville branch is open Monday through Friday, 9:00 AM to 5:00 PM. The drive-through is open until 6:00 PM on weekdays. The ATM is available 24/7.
• Contact Information: Customers can reach the Lakeville branch by phone at 952-469-2265 or visit their website at locations.frandsenbank.com for more information.
• Safe Deposit Boxes: The Lakeville branch offers safe deposit boxes for rent, providing customers with a secure place to store valuable items.

Customer Reviews and Testimonials

Frandsen Bank & Trust's Lakeville branch has an average rating of 3.5/5 stars on Google My Business, based on 8 reviews. Customers appreciate the bank's personalized service, with many mentioning the friendly and knowledgeable staff. The historic building and convenient location are also frequently highlighted as positive aspects. Some customers have noted that the branch could benefit from extended hours and weekend availability, a point for potential improvement.

One customer praises the branch, stating, "I have been a customer of Frandsen Bank for many years and have always been happy with their service. The employees are always friendly and helpful, and they go out of their way to make sure you are taken care of." Another customer appreciates the bank's community involvement, noting, "The tellers are always friendly and helpful, and I appreciate that Frandsen Bank is involved in the local community."

In conclusion, Frandsen Bank & Trust's Lakeville branch offers a comprehensive range of financial services in a historic and accessible setting. With a commitment to customer service, community involvement, and a dedication to meeting the unique needs of each customer, Frandsen Bank & Trust has established itself as a trusted 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