Established in 1969, Frandsen Bank & Trust is a community bank, as well as a trust and investment management division that provides checking and savings accounts and certificates of deposit for individuals and businesses. It also offers consumer, mortgage, and home equity and improvement loans. The bank provides commercial and small business loans, sole proprietors, partnerships and corporations. Frandsen Bank & Trust offers various investment management, trust, and estate and retirement planning solutions. Additionally, it provides savings estimation and mortgage and loan payment calculators. The bank is a member of the Federal Deposit Insurance Corporation (FDIC). It is a part of Frandsen Financial Corporation, which is a multibank holding company that operates bank locations in Minnesota, North Dakota and Wisconsin. Frandsen Bank & Trust maintains a location in Foley, Minn.