Frandsen Financial Corporation Closes on the Purchase of Provincial Bank


Frandsen Financial Corporation (“FFC”) is pleased to welcome Provincial Bank to our group of banks.  FFC CEO Rich Hoban states, “Frandsen Financial and Provincial Bank share very similar ‘community-first’ banking philosophies.  We’re excited to the serve the Provincial customers in Lakeville, Apple Valley, and Hastings.”  Provincial CEO Mike Watters adds, “Our customers won’t notice many differences, if any; they’ll continue to receive top-notch customer service by the same bank staff.  I’m really looking forward to what this acquisition means to all of our customers; significantly larger lending limit, access to an experienced wealth management and trust department, and new products and services.”