Frandsen Bank & Trust named one of Top 50 Community Banks
Frandsen Bank & Trust has been ranked 23rd by S&P Global Market Intelligence in their Top 50 Community Banks, with assets between $3B and $10B.
S&P Global Market Intelligence based the rankings on returns, growth, and efficiency but “places a premium on the strength and risk profile of balance sheets.”
Frandsen Bank CEO Chuck Mausbach states, “We were very pleased to be recognized by S&P Global Market Intelligence as a Top 50 Community Bank within our peer group. Being a strong, well-run, high-performing bank has always been very important to us, but it means even more in the current banking environment. Our customers deserve to know that their hard-earned money is safe with us.”
“Our high performance is the result of the collective efforts and dedication of our entire Frandsen team, Mausbach said.”
Frandsen Bank & Trust has assets in excess of $3.0 billion and offers a complete array of business, agricultural, real estate, and consumer loans, savings, and financial services, serving communities in Minnesota (including New Ulm) eastern North Dakota, and western Wisconsin.