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Business Savings Accounts to Grow Your Cash

Business savings accounts from Frandsen Bank & Trust provide a place to set aside and grow your business reserves. The accounts earn interest and build peace of mind.

Products You Need: Start with a Statement Savings account – or earn higher rates for higher balances with a Money Market account.

Services You Expect: Pre-authorized, automatic or telephone transfers depending on the account.

Convenience You Deserve: Stop by, call us or view your accounts online.

Choose from two business savings options:

Account	Minimum Opening Balance	Highlights	Interest	Service Charge
Statement Savings	$100	Unlimited in-person transactions Withdrawal limitations apply per Federal regulation*	Accrues daily; credited and compounded quarterly	$3 monthly maintenance fee if account falls below $200 on any day during the calendar month

Account	Minimum Opening Balance	Highlights	Interest	Service Charge
Money Market	$2,500	$2,500 minimum balance required Unlimited in-person transactions Withdrawal limitations apply per Federal regulation*	Accrues daily; credited and compounded quarterly Pays interest on a tiered basis	$8 monthly maintenance fee if account falls below $2,500 on any day during the statement cycle

* During any calendar month, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order.

Worry-Free Banking Services

Frandsen Bank & Trust is your one stop for convenient banking services. Easily manage your accounts, protect your important belongings and control your finances.

Worry-Free Banking Services

Frandsen Bank & Trust is your one stop for convenient banking services. Easily manage your accounts, protect your important belongings and control your finances.

Office Locations

Ada
Baxter
Crosslake
Dundas
East Grand Forks
Fairfax
Foley
Forest Lake
Grand Forks
Hector
Jordan
Lonsdale
Minnesota Lake
Montgomery
New Ulm
North Mankato
Nisswa
Oslo
Warren
Waterville

Frandsen Bank & Trust’s Wealth Management & Trust Department has been in operation since 1969 and assists over 1,300 individual and business investment clients throughout the upper Midwest.

Steve Vranich
Stephen W. Vranich
Sr. Vice President & Trust Officer
507.233.4800
email Steve

Kerry
Kerry L. Ledin
Vice President & Trust Officer
507.233.4800
email Kerry

Kathy
Kathryn L. Curry
Trust Officer
507.233.4800
email Kathryn