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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.
Plan for Planting Season
Support from bankers who know the local farm economy.
Experience Community Banking the Frandsen Way
This is the location nearest you. Meet the team or change your branch to get connected to your preferred banker.
Mankato
Lobby Hours
Mon–Fri: 9am–4pm | Sat–Sun: Closed
Drive-Up Hours
Mon–Fri: 7:30am–5:30pm, Sat: 9am–12pm | Sun: Closed
Shane Van Engen
Bank President
Cole Nelson
Vice President, Business Banking Officer
NMLS 815774
Matt Zebro
Senior Vice President, Business/Ag Banking Officer
NMLS 925824
Sara Fette
Mortgage Banker
NMLS 2776249
Recent Activities
Investing in what matters to our customers and employees is central to who we are.
Important Legal Disclosures & Information
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.
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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