Bank Building
FDIC Member

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

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New Ulm


Dedicated to financial integrity and service since 2004.

We specialize in

  • Agricultural Loans
  • Personal & Business Banking
  • Consumer Loans
  • Business Loans
  • Investment Services
  • Wealth Management

Contact Information

100 N Minnesota St., New Ulm, MN 56073

Lobby Hours

Mon–Fri: 9am–4pm | Sat–Sun: Closed

Drive-Up Hours

Mon–Fri: 9am–4pm, Sat: 9am–12pm | Sun: Closed

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Meet the Team


Headshot of Michael Schwartz

Michael Schwartz

Regional President

Meet Michael
Headshot of Allison Burmeister

Allison Burmeister

Assistance Vice President, Mortgage Loan Officer

NMLS 769561

Meet Allison
Headshot of Brandon Reinarts

Brandon Reinarts

Senior Vice President, Mortgage Banking Officer

NMLS 769600

Meet Brandon
Headshot of Christopher Lee

Christopher Lee

Business/Ag Banking Officer

Meet Christopher
Headshot of Patti Skogstad

Patti Skogstad

Vice President, Trust Officer

Not FDIC InsuredMay Lose ValueNo Bank Guarantee
Meet Patti
Headshot of Randy Schroeder

Randy Schroeder

Vice President, Business/Ag Banking Officer

Meet Randy

[The banker] was absolutely aware!

She's very kind to people and listens very well. She is also very patient and understanding.

I appreciated working with her very much and her attentiveness to detail as well. I would strongly recommend Frandsen Bank because of her. ☺️

Mike C.

Business BankingBusiness Banking