Frandsen Bank & Trust


Frandsen Bank & Trust is an FDIC insured institution headquartered at 116 Central St W, Lonsdale, MN 55046.
It was founded in 1901 and has approximately $4 billion in assets. Customers can open an account at one of its 38 branches.

Deposit Rates - April 10, 2025

SAVINGS RATES APY MIN
Savings
0.01% $2,500 Compare
Savings
0.05% $2,500 Compare
Savings
0.02% $2,500 Compare
Savings
0.10% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.10% $10,000 Compare
6 Mo CD
0.15% $10,000 Compare
6 Mo CD
0.01% $10,000 Compare
6 Mo CD
0.50% $10,000 Compare
6 Mo CD
0.08% $10,000 Compare
6 Mo CD
0.05% $10,000 Compare
6 Mo CD
0.13% $10,000 Compare
6 Mo CD
0.09% $10,000 Compare
6 Mo CD
0.15% $100,000 Compare
6 Mo CD
0.20% $100,000 Compare
6 Mo CD
0.13% $100,000 Compare
6 Mo CD
0.10% $100,000 Compare
6 Mo CD
0.12% $100,000 Compare
6 Mo CD
0.01% $100,000 Compare
6 Mo CD
0.50% $100,000 Compare
6 Mo CD
0.07% $100,000 Compare
6 Mo CD
0.09% $100,000 Compare
12 Mo CD
0.20% $10,000 Compare
12 Mo CD
0.25% $10,000 Compare
12 Mo CD
0.15% $10,000 Compare
12 Mo CD
0.17% $10,000 Compare
12 Mo CD
0.30% $10,000 Compare
12 Mo CD
0.10% $10,000 Compare
12 Mo CD
0.07% $10,000 Compare
Special: 12 Mo CD
0.40% $50,000 Compare
12 Mo CD
0.25% $100,000 Compare
12 Mo CD
0.20% $100,000 Compare
12 Mo CD
0.15% $100,000 Compare
12 Mo CD
0.30% $100,000 Compare
12 Mo CD
0.10% $100,000 Compare
Special: 14 Mo CD
0.40% $50,000 Compare
Special: 18 Mo CD
0.50% $5,000 Compare
18 Mo CD
0.20% $10,000 Compare
18 Mo CD
0.25% $10,000 Compare
18 Mo CD
0.17% $10,000 Compare
18 Mo CD
0.15% $10,000 Compare
18 Mo CD
0.35% $10,000 Compare
18 Mo CD
0.10% $10,000 Compare
18 Mo CD
0.09% $10,000 Compare
18 Mo CD
0.18% $10,000 Compare
18 Mo CD
0.40% $100,000 Compare
18 Mo CD
0.35% $100,000 Compare
18 Mo CD
0.30% $100,000 Compare
18 Mo CD
0.20% $100,000 Compare
18 Mo CD
0.25% $100,000 Compare
18 Mo CD
0.15% $100,000 Compare
18 Mo CD
0.10% $100,000 Compare
18 Mo CD
0.13% $100,000 Compare
18 Mo CD
0.18% $100,000 Compare
24 Mo CD
0.35% $10,000 Compare
24 Mo CD
0.30% $10,000 Compare
24 Mo CD
0.25% $10,000 Compare
24 Mo CD
0.20% $10,000 Compare
24 Mo CD
0.45% $10,000 Compare
24 Mo CD
0.15% $10,000 Compare
24 Mo CD
0.12% $10,000 Compare
24 Mo CD
0.40% $10,000 Compare
24 Mo CD
0.22% $10,000 Compare
24 Mo CD
0.45% $100,000 Compare
24 Mo CD
0.35% $100,000 Compare
24 Mo CD
0.33% $100,000 Compare
24 Mo CD
0.40% $100,000 Compare
24 Mo CD
0.20% $100,000 Compare
24 Mo CD
0.30% $100,000 Compare
24 Mo CD
0.25% $100,000 Compare
24 Mo CD
0.15% $100,000 Compare
24 Mo CD
0.14% $100,000 Compare
24 Mo CD
0.50% $100,000 Compare
24 Mo CD
0.22% $100,000 Compare
Special: 27 Mo CD
0.75% $2,500 Compare
30 Mo CD
0.40% $10,000 Compare
30 Mo CD
0.35% $10,000 Compare
30 Mo CD
0.30% $10,000 Compare
MM RATES APY MIN
Money Market
0.01% $2,500 Compare
Money Market
0.02% $2,500 Compare
Money Market
0.01% $10,000 Compare
Money Market
0.03% $10,000 Compare
Money Market
0.02% $10,000 Compare
Money Market
0.04% $10,000 Compare
Money Market
0.01% $25,000 Compare
Money Market
0.05% $25,000 Compare
Money Market
0.02% $25,000 Compare
Money Market
0.03% $25,000 Compare
Money Market
0.10% $25,000 Compare
Money Market
0.07% $25,000 Compare
Money Market
0.04% $25,000 Compare
FIXED IRA RATES APY MIN
Fixed IRA
0.14% $1
Special: 12 Mo FIRA
0.40% $50,000
Special: 14 Mo FIRA
0.40% $50,000
Special: 18 Mo FIRA
0.50% $10,000
Special: 27 Mo FIRA
0.75% $2,500
VARIABLE IRA RATES APY MIN
Var IRA
0.01% $1
Var IRA
0.02% $1
INT CHECKING RATES APY MIN
Int Ckg
0.01% $1
Int Ckg
0.01% $2,500
Int Ckg
0.03% $2,500

Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 1399
Date Established 1901
Assets $ 3.57 billion
Loans $ 2.48 billion
Deposits $ 3.05 billion
Capital $ 347.96 million

Summary Balance Sheet as of December 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 129.10 million
Interest-bearing balances $ 82.01 million
Total securities $ 677.78 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.48 billion
Loan loss allowance $ 31.39 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 146.06 million
All other assets $ 77.37 million
     Total Assets $ 3.22 billion

LIABILITIES
Total deposits $ 3.05 billion
      Interest-bearing deposits $ 2.29 billion
      Deposits held in domestic offices $ 3.05 billion
      % insured (estimated)" 79.14%
Federal funds purchased and repurchase agreements $ 20.94 million
Trading liabilities N.A.
Other borrowed funds $ 0.20 million
Subordinated debt N.A.
All other liabilities $ 11.30 millionn
      Total Liabilities $ 3.22 billion
      Shareholders’ Equity $ 347.96 million

Summary Income Statement as of December 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 171.16 million
Total Interest Expense $ 57.32 million
Net interest income $ 113.84 million
Provision for loan and lease losses $ 4.81 million
Total non interest income $ 26.00 million
Total non interest expense $ 83.92 million
Pre-tax Net Operating Income $ 23.63 million

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Frandsen Bank & Trust Locations