The new Frandsen Bank & Trust sign was unveiled Monday morning at the former Northern National Bank on Excelsior Road in Baxter. Jim Kraft, bank president, said the sign may be new but the people are the same and that is what is important. Kraft said the symbol beneath the bank's new name is designed to resemble the bank's role as a bridge to building financial success for life.
Jim Kraft, Frandsen Bank & Trust president in Baxter, spoke during an unveiling ceremony of the bank's new sign and logo at the former Northern National Bank. Brainerd Dispatch/Renee Richardson » Purchase reprints of this photo.
That's what the institution is trying to provide for the community, Kraft said.
Northern National Bank, which has offices in Baxter, Nisswa and Crosslake, changed its name to coincide its merger with sister banks Frandsen Bank & Trust and Community Bank of the Red River Valley. The three banks have been owned by Frandsen Financial Corp. since 2008. Frandsen Financial Corp. is headquartered in Arden Hills.
Kraft previously reported the merger will allow customers of the three banks here to access an expanded network of 21 bank offices in Minnesota and North Dakota. Kraft said the banks will maintain their same leadership teams and will continue to function as local, independent community banks.
Horizon Health, Pierz, and Harmony House of Brainerd had a ground-breaking ceremony Oct. 15 for a remodeling project to the Brainerd Harmony House on Ninth Street Southwest. The remodeling project is expected to add "much needed space" to its current facility.
RENEE RICHARDSON, senior reporter, may be reached at renee.richardson@brainerddispatch.com or 855-5852.
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