Preferred Employee Benefits

Employees of businesses that bank with Frandsen Bank & Trust are qualified to enroll in Preferred Employee Benefits, an account of your choice that offers special banking privileges. You'll enjoy many banking services at no cost, and save money on mortgage loans, installment loans, and more. To get started, contact a banker today. 


  • No minimum balance requirement with a My Checking account
  • Earn interest with a Real Results Checking account
  • Free Online Banking with eStatements
  • Free mobile banking and mobile deposit
  • Online Bill Pay with Popmoney person-to-person transfers
  • Free debit card
  • Free CardValet® app controls your debit card from anywhere
  • Access to the Moneypass® surcharge-free ATM network
  • VISA® and American Express® credit cards*
  • First box of Frandsen Bank checks are free
  • 25% reduction off 1% mortgage loan origination fee* (fee of 0.75%)
  • 0.25% rate reduction on installment loans with automatic payment*


  • Free EZShield® ID Restoration with one-on-one assistance if you become a victim of identity theft
  • UPGRADE 1: EZShield IDProtect - encrypted storage for passwords and important documents, internet monitoring, e-mail and phone alerts, only $4.00 per month per customer
  • UPGRADE 2: EZShield Credit Monitoring - alerts you if activity is found, additional $3.00 per month per customer (requires EZShield IDProtect)                  


  • You must be 18+ years of age
  • Direct deposit of your payroll at Frandsen Bank & Trust
  • Your employer must have a business banking relationship with Frandsen Bank & Trust
  • Upon termination of your employment, you will no longer be eligible for Preferred Employee                                        

* May be subject to credit approval   

Benefits subject to change without prior notification