FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Checking & Savings
Your Money at Work
When you deposit your money with us, your funds are reinvested into your local community to support homeownership and economic development. Let’s grow together, where your banking supports your neighbors.
Earn up to 6.17% APY*
with a Real Results Checking Account
Make every dollar count with a checking account that pays interest on all balances.
Earn a premium interest1 on your first $10,000 balance when the following conditions are met during the statement cycle:
$500 in direct deposits and
12 posted debit card purchases2
Features free MoneyPass® ATM withdrawals3
$8 Monthly Maintenance Fee waived when a $200 average monthly ledger balance is maintained
Free eStatements or $3 Paper Statement Fee
$50 minimum opening deposit
More Account Types
Convenient and flexibile accounts for everyday purchases, bill payments, and future savings.
My Checking
Simply and securely manage day-to-day finances.
No minimum balance
No Monthly Maintenance Fee
Free eStatement or $3 Paper Statement Fee
Money Market
Make bigger strides toward goals with an account built for higher balances.
Pays tiered interest
$10 Monthly Maintenance Fee waived with a $2,500 average monthly ledger balance
$3 Withdrawal Limit Fee charged for each withdrawal, transfer, and payment that exceeds 6 per monthly statement cycle4
Health Savings Account
Discover a tax-advantaged savings option to help with high-deductible healthcare plans.5
Pays tiered interest
A $5 Monthly Maintenance Fee is waived when a $200 monthly ledger balance is maintained
Free eStatement or $3 Paper Statement Fee
Online & Mobile Banking
Get the Most from Your Accounts
Access your personal accounts from your computer, tablet, or phone. With online and mobile banking services you can:
Monitor account activity
Deposit checks from your phone
Transfer money and pay bills6
Apply for a loan or open an account
Access eStatements
Manage account alerts
Savings Accounts
Find an account based on your goals and how quickly you want to achieve them.
My Savings
Consistently save with flexibility to use your money when you need it.
Earns interest on all balances
A $5 Monthly Maintenance Fee is waived when a $200 average monthly ledger balance is maintained
$1 Withdrawal Limit Fee will be charged for each withdrawal, transfer, and payment that exceeds 12 per calendar month7
Savings for Kids & Young Adults
Savings accounts to help build healthy financial habits.
Penny’s Savings Club for those age 0 to 12
Young Adult Savings for youth age 13 to 22
Both accounts earn interest on all balances
Open an account at your Frandsen location
IRA Savings & CDs
Lock in your earnings when you commit to keeping your funds with Frandsen Bank.
Traditional or Roth IRA accounts
IRA Certificates of Deposit (CDs) with terms from 3 to 60 months
Plan fees and early withdrawal penalties may apply
Talk to a banker to find your best fit
Other Products & Services
Your local team is ready to help with a wide variety of financial solutions.
Mortgage
A strong foundation makes all the difference. Buy, build or remodel the place you call home with support from your local lender.
Credit Cards
Whether you want to pay down balances faster, maximize cash back, earn rewards or begin building your credit history, we have a card for you.
Important Legal Disclosures & Information
When premium interest rate conditions are met and your daily available balance is $10,000 or less, the Annual Percentage Yield (APY) is 6.17%.
When premium interest rate conditions are met and your daily available balance is over $10,000, the APY will range from 0.01 - 6.17%, depending on the balance in the account.
When premium interest rate conditions are not met, the APY is 0.01% on the entire daily available balance.
Rates effective as of Jan. 1, 2026. Rates are subject to change without notice at any time at the discretion of Frandsen Bank & Trust.
Fees may reduce earnings.
Excludes Automated Teller Machine (ATM) withdrawals. Posted debit card purchases do not include pending or pre-authorized purchases.
A $2 withdrawal fee will be assessed on all non-MoneyPass ATM withdrawals. In addition, non-MoneyPass ATM operators may assess a surcharge fee.
During your monthly statement cycle you may make 6 withdrawals, transfers, and payments by any means. A withdrawal, transfer, or payment is counted the date it posts to your account, which may be different from the date you make, authorize, transfer, or write the transaction.
$20 set-up fee
If not used during a 30-day period, an Online Bill Payment Fee of $5.95 will be imposed. In addition, the bill pay processor may assess fees for services such as photocopy requests, returned items, stop payments, and any additional services as disclosed to you by the service provider.
Each calendar month you may make 12 withdrawals, transfers, and payments by any means. A withdrawal, transfer, or payment is counted the date it posts to your account, which may be different from the date you make, authorize, transfer, or write the transaction.
APY = Annual percentage yield
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