Frandsen Family Foundation

Frandsen & Bank & Trust is here to support our customers and communities through the good times and through stormy times. With our founder and owner, Dennis Frandsen, we share a rich heritage of community support.

  • Offering full two-year technical-college scholarships to every graduate from four rural high schools in Minnesota and Wisconsin. In 2020, approximately 85 scholarships will be awarded, with around 15 percent of them for careers in health care. In 2018 and 2019, over 100 scholarships were awarded.
  • Ongoing funding for Lakes Region EMS, a nonprofit emergency medical service serving parts of east-central Minnesota and northwest Wisconsin. Major donations include outfitting ambulances with ventilators and hydraulic gurneys, donation of a helicopter hangar, and provision of real estate and resources for ambulance crew bases.
  • Major contributor to Mayo Clinic.

Helping in the Community

 
  • In March 2021, we provided community grants totaling $20,000 to six Minnesota high schools.    
  • In July 2021, we awarded scholarships of $1,000 each to five college or soon-to-be-college students. 
  • Currently offering mortgage assistance to homeowners and personal loans to customers who may be impacted by COVID-19.
  • Providing SBA loans to businesses—including processing more than 1,750 Paycheck Protection Program loans in April, funding over $168 million to help small businesses pay their employees during the pandemic.

Our bank remains strong and solid despite the extraordinary challenges we are all currently facing.

Sister Companies Owned by Frandsen Corporation

 
  • Plastech Tool & Engineering— manufacturing ventilator parts.
  • Plastech Corporation— manufacturing components for telecommunications, agriculture, and the food industry.
  • Miller Manufacturing— manufacturing equipment and supplies for farmers. 
  • Industrial Netting—manufacturing equipment and supplies for agriculture, aquaculture, and food processors.

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The site you have selected is an external one located on another server. Frandsen Bank has no responsibility for any external website. It neither endorses the information, content, presentation, or accuracy, nor makes any warranties, express or implied, regarding the external site. Thank you for visiting Frandsen Bank.