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Home Welcome

Welcome to the new FrandsenBank.com!

We've made it easier than ever to connect with your local team, explore resources, and get help when you need it.

Per RRChecking Home Slider

Earn up to 6.17% APY*

with a Real Results Checking Account


Earn a premium interest1 on your first $10,000 balance when the following conditions are met during the statement cycle:

  • $500 in direct deposits and

  • 12 posted debit card purchases2

  • $50 minimum opening deposit

Open an Account
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Plan for Planting Season


Support from bankers who know the local farm economy.

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Local Support & SBA Financing


As a top lender in the state, our experts can help you access Small Business Administration loans while staying around to support your business.

Awards


Forbes Best in State Bank 2 Years Running

Consecutively Named a Top Minnesota SBA Lender

No. 2 on the Star Tribune Top Workplaces List

Minnesota Banker's Association Community Champion

Community Banking in Action

Recent Activities


Investing in what matters to our customers and employees is central to who we are.

$8,750 Community Investment Fuels Growth for Grant County Businesses and Residents
Read More

Important Legal Disclosures & Information


1

When premium interest rate conditions are met and your daily available balance is $10,000 or less, the Annual Percentage Yield (APY) is 6.17%.
When premium interest rate conditions are met and your daily available balance is over $10,000, the APY will range from 0.01 - 6.17%, depending on the balance in the account.
When premium interest rate conditions are not met, the APY is 0.01% on the entire daily available balance.   

Rates effective as of Jan. 1, 2026. Rates are subject to change without notice at any time at the discretion of Frandsen Bank & Trust.  

Fees may reduce earnings.  

2

Excludes Automated Teller Machine (ATM) withdrawals. Posted debit card purchases do not include pending or pre-authorized purchases.

*

APY = Annual percentage yield

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