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Merging First National Bank of Montgomery into Frandsen Bank & Trust will create a strong, independent financial services institution based in Lonsdale, MN, with total combined assets of approximately $320 million, and eight locations.

Ultimately, we view the acquisition as a way to make two great banks even better for our customers, our employees, and our community. Above all, Frandsen Bank & Trust and First National Bank of Montgomery share the most important goal, and that is to ensure that we maintain our commitment to delivering quality personal service to our customers, 24 hours a day, seven days a week, and to ensure that customers of both banks will continue to be served in the same friendly manner to which they have become accustomed.

Frandsen Bank & Trust has a vision for ongoing success and service to customers and believes that together, we can continue to exceed customer expectations and grow more effectively than either bank could alone. The two entities also share similar attributes and values. Both organizations were founded and managed to serve the community. Both take pride in our expertise in offering financial services, and we share a unified commitment to delivering the best banking experience for customers. Now, as First National Bank of Montgomery into Frandsen Bank & Trust, we will renew that commitment to you by becoming the bank of choice for individuals and businesses in Montgomery and the surrounding area.