Frandsen Bank & Trust Honored for Community Involvement
Frandsen Bank & Trust Honored for
Charles Mausbach, CEO of Frandsen Financial Corporation, announced that Frandsen Bank & Trust has been recognized as a Community Champion by the Minnesota Bankers Association. This is the third consecutive year Frandsen Bank has been honored for their community involvement.
Mausbach states, "This recognition shows our employees commitment to the Frandsen Bank core value of Supporting Our Communities. We are proud to be a part of all of the communities we serve, and were honored to be one of the 35 banks recognized by the Minnesota Bankers Association."
During 2018, not only did 289 Frandsen Bank & Trust employees volunteer over 13,500 hours of time and work with 443 organizations, but they also donated cash, goods and services, and provided financial education in their communities.
MBA President/CEO Joe Witt congratulated the recipients. "As this recognition highlights, Minnesota banks continue to demonstrate 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 industrys record of supporting local programs is second to none. The MBA is pleased to recognize these 35 banks for their commitment to making a real difference in their local communities."
Frandsen Bank & Trust has assets in excess of $1.7 billion and $350 million in assets under management in its Wealth Management & Trust operation. Frandsen Bank & Trust proudly serves communities in Minnesota, Eastern North Dakota, and Western Wisconsin by offering a complete array of commercial, agricultural, real estate, and consumer loans, as well as deposit accounts and other financial solutions.