Lonsdale, Minn.-based Frandsen Bank & Trust has finished construction on a new, full-service office in the northern Minnesota city of Hermantown.
The office, at 4803 Miller Trunk Highway, opened Feb. 14.
Frandsen Bank & Trust had been serving Duluth from its downtown office on Superior Street since 2017. “The decision for Frandsen Bank to expand into Duluth in 2017 was made to better serve our Cloquet customers, and to get into a new, growing market,” said President Brian Shelton. “We are continuing that model in Hermantown. We want to better serve our Duluth clients and this new location accomplishes that by adding a drive-thru and putting bankers in two locations in the area. We look forward to serving our current and new customers in this location for a long time.”