St. Paul, Minn. | April 4, 2024 – Drake Bank welcomes Jeff (Jeffrey) Weldon to the senior management team as senior vice president, chief financial officer. With over 25 years of banking experience, Weldon’s innovation and leadership will assist the Bank in achieving the next level of success and growth. Weldon’s results-oriented experience includes helping ...
St. Paul, Minn. | March 26, 2024 – Drake Bank is pleased to announce the launch of its newest program, the ITIN mortgage program. This program provides mortgage products to individuals without a Social Security Number (SSN) and promotes homeownership opportunities for all. Individual Taxpayer Identification Number (ITIN) mortgages are designed to offer flexible and ...
In the world of personal finance, building a strong credit history is vital for achieving various financial milestones. Whether you're looking to buy a home or want to start building credit, a good credit score paves the way for your future financial journey. A Credit Builder Loan is designed specifically to help individuals build or ...
The dream of homeownership is universal – including individuals who are not U.S. citizens. A Social Security Number (SSN) is not required to receive a home loan – ITIN mortgages are designed for non-citizens interested in purchasing a home. The ITIN mortgage program offers borrowers the opportunity to use their Individual Tax Identification Number (ITIN). ...
At Drake Bank, we follow a simple process to help make your homeownership journey as easy as possible. Contact Our Team – chat with our team so we can begin to understand you and your goals. The Best Fit – your expert loan officer will assist you in applying for alone that truly fits. Close ...
St. Paul, Minn. | January 8, 2023 – Greg Larson, president and CEO of Drake Bank, has been selected as a member of the American Bankers Association's (ABA) Government Relations Council. ABA has always been at the heart of the innovations that have helped bankers serve their customers. Committed to making sure banks of all ...
The holiday season is a time for joy, giving, and, unfortunately, increased cyber threats. As we get into the festivities, it's a great time to ensure that our shopping experiences are enjoyable and secure. One way to achieve this is by using payment methods that are convenient and safe. MoneyPass ATM Network Drake Bank clients ...
St. Paul, Minn. | November 16, 2023 – Drake Bank has promoted Janet Alland to senior vice president, retail banking. Alland joined the Bank in October 2020 as vice president, consumer financial services and retail banking. With this promotion, Alland will join the Bank’s senior management team. Alland will continue to oversee the retail team ...
Maintaining a productive and motivated workplace is essential in today's fast-paced and competitive business world. At Drake Bank, we pride ourselves on building better futures for our clients and strive to build a fun and inviting workplace for our team members. From team building and volunteering to potlucks and educational activities, we always find new ...
St. Paul, Minn. | November 14, 2023 - The Minnesota Bankers Association (MBA) has recognized 90 Minnesota banks, including Drake Bank, for their community involvement. Banks play a vital role in their communities, to honor and recognize their involvement, the MBA created the Community Champion Recognition Program. Drake Bank is one of 90 Community Champions ...