FB&T Named One of Forbes 2025 Best-In-State Banks

Frandsen Bank & Trust has been recognized on the Forbes list of America’s Best-In-State Banks for the second consecutive year. This award is presented in collaboration with Statista, a world-leading statistics portal and industry ranking provider.

Across the U.S., Best-In-State Banks showcases organizations highly valued by residents in each state and recognizes banks that have excelled in meeting the unique needs and expectations of their local communities.

“Providing superior customer service is one of our core values,” says Chuck Mausbach, Frandsen Bank chief executive officer. “Being named a Best-In-State Bank is a direct result of that commitment – and I’m incredibly proud of our teammates for their ongoing dedication to putting our customers first. And when our employees rank us a top workplace as well, it tells me we’re doing things right for both our customers and our team.”

In addition to being named a Best-In-State Bank by customers, Frandsen Bank ranked second in the large company category in the Star Tribune’s Minnesota Top Workplaces list, an award based solely on employee feedback.

The Best-In-State Banks ranking is based on an independent survey of more than 26,000 customers in the U.S. and publicly available reviews. For the survey, participants evaluate organizations, including Frandsen Bank, based on several criteria, including trust, financial advice, customer services, digital services, branch services, and terms & conditions.