Main Headquarters:
206 Main St S
Hector, Minnesota, 55342
Phone Number:
(320) 848-2222
Go back to: Banks
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(320) 848-2222
No fax available
Frandsen Bank & Trust offers a full range of banking services including, but not limited to, business and agriculture lending, home mortgages and cabin loans, commercial and farm real estate lending and full suite of treasury management products. We also provide remote deposit, positive pay, electronic payment processing, consumer loans and deposits, plus many other personal and business banking services through our and mobile platforms.
We are a true community bank that serves over 30 communities across Minnesota, North Dakota, and Wisconsin. We provide customized banking services that help our clients achieve their financial goals. Our relationship-based approach allows us to serve each customer individually, providing them with personalized service and advice.
| Monday : | 9:00 AM - | 3:00 PM | |
| Tuesday : | 9:00 AM - | 3:00 PM | |
| Wednesday : | 9:00 AM - | 3:00 PM | |
| Thursday : | 9:00 AM - | 3:00 PM | |
| Friday : | 9:00 AM - | 3:00 PM | |
| Saturday : | closed | ||
| Sunday : | closed | ||
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Hector may have one or more banks. A bank is a financial institution that is charged with the function of accepting deposits and lending out money. Thus, it acts as an intermediary connecting individuals with a capital deficit with individuals having a capital surplus. They are centrally placed in the financial system for most economies. Thus, they function under a well-defined set of regulations. Most banks have national and regional headquarters, and then branches in smaller towns and villages. The banks may be international, national or local in spread of operations.
