Frandsen Bank & Trust Announces Two New Hires


Frandsen Bank & Trust announced the hiring of two new mortgage bankers; Jennifer Axtell in the Cloquet office and Jesse Verhel in the Hermantown office.

Jennifer has over 15 years of experience in the banking industry in Cloquet. Her new role will allow her to focus on the mortgage needs of homebuyers in and around Cloquet. Axtell states, “I’m looking forward to this new role. Buying a home, whether it’s a first home, a dream home, or a lake cabin, is such an exciting time and I look forward to helping my clients every step of the way.”

Jesse, a native of Duluth, is an experienced professional with extensive knowledge of the Duluth mortgage market. Of his new position Verhel says, “Frandsen Bank’s reputation in the area is unmatched and I’m thrilled to a part of this organization; helping people achieve their homeownership goals.”

Jennifer Axtell, NMLS# 937620, can be reached at 218.879.6000 or

Jesse Verhel, NMLS# 2009613, can be reached at 218.451.7130 or

Jennifer AxtellJesse Verhel