St. Paul, Minn. | May 27, 2020 – Drake Bank welcomes Jay Larson as vice president and controller. Larson has an extensive background in the banking industry, with expertise in business and financial operations, efficiencies, and mergers. Larson comes to Drake Bank after serving as senior financial accountant at Highland Bank. Prior to his work at Highland, Larson worked at several financial institutions including his role as chief financial officer at Citizens Bank and Citizens Community Credit Union, vice president and finance officer at State Bank of Delano, executive vice president, operations & IT manager at First American Bank/Great Northern Bank, and vice president of operations at Woodlands National Bank, among others.

“We are excited to welcome Jay to the Drake Bank team. His knowledge and experience in community banking and finance will propel Drake in continuous growth,” said Laura Gevik, chief operations officer at Drake Bank. “We have substantial growth plans for the bank; Jay’s skill set will help us in those plans.”

Larson will be overseeing the financials for both Drake Bank and its holding company, Plato Holdings.

Drake Bank is a purpose driven independent bank in St. Paul. We were founded in 2002 by a group of successful entrepreneurs committed to helping others succeed for the shared prosperity of their community. Our 70+ founders invested their own money to fund the first business loans and many are still shareholders today. Start building a better future. Learn more at