MBA Honores Frandsen for Community Commitment

The Minnesota Bankers Association (MBA) has recognized 88 Minnesota banks for their community involvement. Banks play a vital role in their communities, and to honor and recognize their involvement, the MBA created the Community Champion recognition program.

Frandsen Bank & Trust is one of many community-focused banks that worked with hundreds of organizations in their communities this year, providing funding, volunteers, materials, supplies, and/or food for their neighbors. Recipients of the recognition range in size from small community banks to large banks with multiple branches.

“This is the 9th year we’ve been recognized as a Community Champion for our contributions, service, and support of our local communities,” said Chuck Mausbach, Frandsen Bank chief executive officer. “It’s a great honor, and I’m proud of our bankers for everything they do to make a positive difference in the communities we serve.”

In the wake of another challenging year for many, Minnesota bankers stepped up their efforts to give back to their communities and citizens. During the MBA’s September Community Impact Month alone, these 88 banks and 425 branches devoted more than 4,000 volunteer hours, completed hundreds of community service projects, and donated tens of thousands of dollars to charitable organizations. In total, more than 296 distinct communities in Minnesota were impacted by their efforts.

MBA President/Chief Executive Officer Joe Witt congratulated the recipients. “Minnesota banks provide an extraordinary level of commitment to the communities they serve,” said Witt. “In addition to providing the capital that helps families and local businesses thrive, the banking industry’s record of supporting charitable and community causes is second to none. The MBA is pleased to recognize these banks for their commitment to making a real difference in their local communities.”