Business

Business Banking That’s Customized, Friendly and Local

Frandsen Bank & Trust partners with businesses of all types and sizes: small businesses, regional companies, agri-businesses and everything in between. We offer core business banking products combined with technology and conveniences that make you more efficient.

Products You Need

Our checking accounts, savings accounts, and loan options are tailored to your business.

Services You Expect

We offer merchant services, cash management, and other options typically offered by larger banks.

Convenience You Deserve

Complete transactions and check your accounts with services including Remote Deposit Capture, online banking, online bill pay, eStatements, credit cards, and telephone banking.

FAQs

An Integrated Payables solution is essentially a one-stop solution with a platform that facilitates multiple forms of B2B supplier payments, including ACH electronic transfer, wire transfer, paper checks and Virtual Cards. Our Integrated Payables provider receives a single instruction file from your company with the list of suppliers that need to be paid, and its activation team contacts each one to arrange the optimal payment method for that supplier.
 
This means each supplier has the choice and flexibility to be paid in a way that meets its needs, but your company doesn’t need to spend its valuable resources negotiating these terms and integrating all the various payment technologies.  Furthermore, our solution is ERP agnostic.
 
Adding our Integrated Payables solution to your company’s payables process saves time and money, reduces errors, maximizes fraud protection, keeps suppliers happy, and drives rebates back to your company. 
 

Our lockbox solution provides a secure and efficient way to handle payments, especially when dealing with a large volume of checks.  Payments are processed more quickly as they are sent directly to a lockbox, which improves cash flow.  A lockbox offers a secure method of handling checks and sensitive documents, which reduces the risk of theft and fraud.  By outsourcing the payment collection process, businesses can save valuable time on manual check payment processing, posting, and depositing.   In short, lockboxes streamline payment operations and help businesses manage their accounts receivable more efficiently.

Treasury Management services provides tools to monitor and manage cash flow, including real-time reporting, forecasting, and analytics. This enables businesses to identify trends, anticipate cash needs, and optimize their use of cash resources.

Treasury Management services benefit businesses of all sizes, from startups to large corporations–essentially any organization that handles cash transactions and wants to improve financial-management practices.

Yes, Treasury Management services employ encryption, authentication, fraud detection, and other security measures to protect sensitive financial information and ensure secure transactions.

Many services are designed to integrate with existing accounting software and financial systems. Our Treasury Management team can discuss compatibility and ensure a seamless integration with your current business practices.

Contact your local Frandsen business banker to discuss your specific needs and explore the available services, or reach out directly to a Treasury Management specialist. They can help you get started and answer any questions you may have.

The cost varies based on which services you use and the complexity of your business needs. Talk with your business banker to learn more.

Yes, you must be enrolled in Business Online Banking to receive alerts.

Yes, you must be enrolled in the Biz Mobile App to receive push notifications.

No. This is a FREE service; however, text message and data fees may be charged by your service provider to receive text alerts.

Yes. When setting up alerts, the Contact Options tab has a link to add additional email addresses and cell phone numbers.

Yes. Log into Business Online Banking and click Alerts. Click on Sent Alerts tab and this will display past alerts.

From the Alert screen in Business Online Banking, click the Overview tab to view your alerts. Click Edit or Delete next to the alert.

FAQs

Our experienced business bankers are ready to help.

Commercial Loans

Whether you’re starting a new business, or growing an existing one, we’ll find the best loan products and options for you.

Agricultural Loans

Our experienced ag bankers know the farm economy and climate in each local area that we serve.

Online Services

Combine business banking services with top-of-the-line checking, savings and loan products.

Cards

Choose from our popular business credit card options such as low rate, cash back, or flexible rewards to find the one that works best for your business.

Online Tutorials

Learn about the highly intuitive user interface, responsive screens, and great tools that simplify your financial life.

Treasury Management Services

ACH, Wire Transfers, Return Check Collection, Merchant Processing, and more!

You are about to leave the Frandsen Bank Website.

The site you have selected is an external one located on another server. Frandsen Bank has no responsibility for any external website. It neither endorses the information, content, presentation, or accuracy, nor makes any warranties, express or implied, regarding the external site. Thank you for visiting Frandsen Bank.

Open a New Deposit Account

If you wish enroll in online banking, please click "Cancel" and navigate to the "Enroll in Online Banking" button below "Log In".

If you wish to open a new deposit account, please click "Proceed".

Thank you for banking with Frandsen Bank & Trust!

You are about to leave the Frandsen Bank Website.

The site you have selected is an external one located on another server. Frandsen Bank has no responsibility for any external website. It neither endorses the information, content, presentation, or accuracy, nor makes any warranties, express or implied, regarding the external site. Thank you for visiting Frandsen Bank.