St. Paul, Minn. | October 15, 2024 – Twin Cities Business (TCB) Magazine, a leading resource for business news, insight, and inspiration, and Mpls.St.Paul (MSP) Magazine, a local publication providing timely, dependable, and interesting information about the people, places, and events that form the Twin Cities; announced Stephanie Scarrella, senior mortgage lender at Drake Bank ...
September is Community Impact Month, which gives Minnesota Bankers Association member banks a focused period to engage in community service activities and show how banks play a vital role in supporting their communities. Part of Drake Bank’s mission focuses on building a better future for everyone. To give back, the team participated in three events ...
Drake Bank welcomes Frank Inamagua as Vice President, Commercial Banker. Inamagua brings a wealth of experience and a proven track record in business and retail banking, having over 15 years at various financial institutions. Read More
At Drake Bank, we believe that financial literacy is an important foundation block for our clients. Understanding how to manage money from an early age is crucial; our team is committed to providing parents and children with the tools they need to build a strong financial foundation. Our consumer banking experts, Janet Alland, senior vice ...
Choosing options that align with your financial goals is essential when considering personal savings. Whether you’re saving for a rainy day, a major purchase, or want to grow your wealth over time, understanding different savings options is important. Two popular choices for personal savings are traditional savings accounts and certificates of deposit (CDs). Each offers ...
St. Paul, Minn. | September 3, 2024 – Michael Wier has joined the Drake Bank Board of Directors, with service starting in August 2024. With over thirty years of experience in the financial services industry, Wier brings a wealth of knowledge and expertise that will be invaluable to the Bank’s strategic initiatives and growth plans. ...
St. Paul, Minn. | August 29, 2024 – Drake Bank welcomes John Sander as vice president, commercial banker. Sander’s experience in client service will make him an excellent fit for the Bank’s mission to build better futures for the community. In his role at Drake Bank, Sander will work closely with clients to build and ...
St. Paul, Minn. | August 27, 2024 – Drake Bank is honored to announce that it has been recognized by the U.S. Small Business Administration (SBA) as the top lender in Minnesota for financial institutions with assets below $250 million. This award highlights Drake Bank's dedication to empowering small businesses and promoting economic growth within ...
St. Paul, Minn. | August 14, 2024 – Drake Bank welcomes Frank Inamagua as vice president, commercial banker. Inamagua brings a wealth of experience and a proven track record in business and retail banking, having over 15 years at various financial institutions. In his role at Drake Bank, Inamagua is responsible for developing, growing, and ...
St. Paul, Minn. | June 25, 2024 – Drake Bank is proud to announce its participation in the First-Generation Homebuyers Community Down Payment Assistance Fund Program to empower first-time homebuyers in Minnesota. This initiative offers up to 10% of a home’s purchase price (up to $32,000) as a forgivable loan designed to help first-generation buyers ...