Frandsen Bank & Trust was recently named one of America’s Best Banks in Minnesota by Forbes magazine. Of the nearly 5,400 banks in the United States, only 149 made the 2019 list, and only three banks from Minnesota were recognized.
Frandsen Financial Corporation CEO Chuck Mausbach states, “We were thrilled to learn that the rankings are driven entirely off of customer survey responses. What a huge compliment from our customers.”
The list is a result of Forbes and a market research firm surveying over 25,000 United States customers for their opinions about current and former banking relationships. Banks were scored on satisfaction and recommendations, as well as