Frandsen Financial to Purchase First National Bank of Montgomery
 
Frandsen Financial Corporation, owners of Frandsen Bank & Trust in Montgomery, has has reached an agreement to purchase the First National Bank of Montgomery.  The change in ownership is expected to be completed in March, 2008.
 
According to Dan Hardel, Montgomery market president of Frandsen Bank & Trust, "Following the purchase, we plan to merge both banks and operate as a single entity that will be located in the First National Bank of Montgomery building at 120 First Street South.  This is a wonderful facility that will serve our existing and new customers very well".
 
Ralph Hendrickson, First National Bank President said, "We see the Frandsen purchase as a way to make our great bank even better for our customers, our employees, and our community".