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. 


  • Minimum balance requirements vary depending on account type
  • Interest-earning options
  • Online Banking, Bill Pay, and eStatements
  • Mobiliti (mobile banking) and Mobile Deposit
  • Mastercard® check card and VISA® and American Express® credit cards
  • No-fee gift cards
  • 25% reduction off 1% mortgage loan origination fee* (fee of 0.75%)
  • 0.25% rate reduction on installment loans with automatic payment*
  • Free financial review
  • 25% off Bridge Benefits program                                                                 


  • 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