Frandsen Financial Corporation (“FFC”), is a multi-bank holding company with full service community banking locations in three states, Minnesota, Wisconsin, and North Dakota. FFC currently has $1.5 billion in assets spread across nine banking charters and 38 offices. In addition, FFC has another $142 million in assets under management in it’s Trust operations.
Since it’s inception in 1982, FFC has concentrated on acquiring and operating high quality community banks. Over the years, FFC has acquired 24 banking charters. Many of those charters have been merged to take advantage of geographic synergies and operating efficiencies. Only three of the 24 acquired charters have ever been sold.
FFC’s banks provide a wide array of banking services to their clients. Depository, lending, cash management, credit and debit cards, electronic payment, internet banking, ATM’s, telephone banking, safe deposit, and Trust and investment management are just some of the services provided. All services are provided in a true community banking environment where the customer is cared for in a way that nurtures a long-term relationship.
FFC provides a variety of support services to it’s community banks. Data and item processing, statement rendering, accounting, regulatory reporting, auditing, marketing, human resources, compliance and training, loan review, investment management, asset/liability and funds management, policy management, are all provided by FFC. This structure allows our bankers to spend more valuable time with the customers to develop long-term banking relationships.
FFC’s mission is to determine needs, develop relationships, and deliver solutions. We want to provide value to our communities, employees, and shareholders through teamwork, innovation, and service.