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Frandsen Bank & Trust

Frandsen Bank & Trust


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
frandsenbank.com
507-353-7350
116 Central Street West
Lonsdale, MN 55046

Frandsen Bank & Trust is headquartered in LONSDALE and is the 4th largest bank in the state of Minnesota. It is also the 363rd largest bank in the nation. It was established in 1901 and as of March of 2025, it had grown to 455 employees at 43 locations. Frandsen Bank & Trust has an A health rating.

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Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #1399
Year Established1901
Employees455
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.46%
Return on Equity - YTD14.63%
Annual Interest Income$43.9MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$3.59B$3.46B
LoansQ1 2025vs Q1 2024$2.45B$2.34B
DepositsQ1 2025vs Q1 2024$3.07B$2.9B
Equity CapitalQ1 2025vs Q1 2024$367.8MM$309.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$32.5MM$29MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$21.3MM$4.7MM
Real Estate OwnedQ1 2025vs Q1 2024$0$524K
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates

Sorry, we do not have rate data for Frandsen Bank & Trust.

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