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Franklin State Bank

About Us

At Franklin State Bank, we are your trusted banking partner! Located in Southwest Minnesota, we are happy to serve our friends, family and neighbors by helping them secure home, business, and agricultural loans as well as supplying them with convenient checking, savings and more. Online and mobile banking ensures you get your financial information when and where you need it.

Franklin State Bank History

Franklin State Bank is a family owned bank. The ownership of the bank changed in the early 1990s. At that time period, the current family ownership bought the bank and had an interest in keeping a bank in the community of Franklin. This dedication and commitment to keeping the town bank alive is largely why Franklin State Bank is still here today.

Scott Nissen came onto the bank around the change of ownership. Since then, Scott has been with the bank for over 30 years and is currently serving as the President of Franklin State Bank. His first job was as an internship in the last few semesters of college as a Teller and has since served many positions within the bank.

Meet Our Team

Our Values


We believe the best communities are the ones that trust one another.


We work so that everyone has the opportunity to live in a community where they are valued, trusted and appreciated. At Franklin State Bank we listen, empathize and respect one another.


We are bankers, committed to our community.

Small Town Feel with Big City Results

Our customers bank with us for the personal experience. We know your children, grandchildren and oftentimes your pets. We are fellow community members, friends and family who celebrate your wins and are there to lend a hand when times are challenging. We believe this is what banking in a small town is all about. Our commitment to the community reaches the big city results with Meet or Beat the Rate for auto and ATV loans. You can count on Franklin State Bank to work hard for you.

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