Community Bank of the Red River Valley

Frandsen Bank & Trust offers a full range of banking services including, but not limited to, business and agriculture lending, home mortgages and cabin loans, commercial and farm real estate lending and full suite of treasury management products. We also provide remote deposit, positive pay, electronic payment processing, consumer loans and deposits, plus many other personal and business banking services through our and mobile platforms. We are a true community bank that serves over 30 communities across Minnesota, North Dakota, and Wisconsin. We provide customized banking services that help our clients achieve their financial goals. Our relationship-based approach allows us to serve each customer individually, providing them with personalized service and advice.

Frandsen Bank & Trust, located in Hermantown, MN, was established in 2022 and is managed by Market President Brian Shelton. The bank offers a wide range of personal and business banking services, including mortgages, investments, and wealth management, all delivered by a dedicated team of experienced bankers. With a strong commitment to understanding their clients' unique financial needs, Frandsen Bank & Trust prioritizes building enduring relationships and providing customized banking solutions. Their comprehensive financial products and services cater to a diverse clientele throughout Minnesota, Wisconsin, and North Dakota. Generated from the website

At MMFCU, our member/owners have a vested interest in our success and benefit from fewer fees, great rates, updated technology and personal service. Our services include: personal checking and savings, student loans, consumer loans (including auto, boat, RV, HELOC, and property loans), home loans (including mortgage, construction, FHA, and VA loans), business checking and lending, and secure online banking with mobile deposit. We help our community grow by offering the resources people need to be smart, successful consumers, such as free identity theft workshops and safe driver classes.If you or a relative live, work, worship or attend school in our service area, you can become a member today!