Servicing Specialist

Who are we?

Frandsen Bank & Trust is a growing, financially strong, family-owned community bank across nearly 40 communities in Minnesota, North Dakota, South Dakota, and Wisconsin. We provide full-service banking, treasury management, investment, and trust solutions. Since day one, our mission has centered on making decisions locally, empowering employees, and supporting our communities. This commitment to relationship-based service has earned us recognition as Best in Banks by our customers.

Why work here?

Leadership recognizes our people are the reason we succeed. That’s why developing and rewarding our employees is a longstanding part of our guiding principles, called the Frandsen Way. The impact is clear: Employees ranked Frandsen Bank & Trust a Top Workplace on the independent Star Tribune survey for nine consecutive years, and we currently hold the #2 spot in the large company category.

At Frandsen, you can expect stability and meaningful career opportunities across all our departments. Our collaborative culture means employees support one another and make it easy to get things done. Whether you’re experienced in banking or exploring a new career path, there’s a place for you. Join our team and build a career rooted in service, growth, and local impact.

Frandsen Bank & Trust is a growing community-oriented company looking for a Servicing Specialist to work at our New Ulm office.

Job Duties:

• Balance, disburse, and remit property taxes on escrowed loans.
• Transaction posting.
• Answer bank employee inquiries.
• Daily balancing and processing of payments and payoffs received on serviced loans.
• Monthly reporting and reconciling serviced loan portfolios.
• Onboard and fund new loans.

Desired Education and Skills:

• Associate's degree (two years post-high school)
• High level of customer service
• Attention to detail
• Technical and data entry
• High level of written and verbal communication skills

Preferred Skills and Experience: 

• Accounts payable
• Bank operations or accounting experience