St. Paul, Minn. | April 1, 2026 – Drake Bank welcomes Justin Franxman as assistant vice president, commercial banker. Franxman brings a strong foundation in commercial banking, a relationship-driven approach, and eagerness to deepen his focus in SBA lending to further support small business growth.
In his role at Drake Bank, Franxman is responsible for developing, growing, and retaining commercial relationships while actively participating in community and professional organizations to enhance the Bank’s visibility and create new business opportunities.
Franxman has six years of experience across multiple roles in the financial services industry, most recently serving as an Assistant Vice President, Loan Officer at Premier Bank Minnesota, where he managed a commercial loan portfolio, drove new business development, structured SBA loans, and generated new loan opportunities.
“We’re excited to have Justin join our team,” said Greg Larson, president and CEO at Drake Bank. “His experience, background, and energy will enable him to make a meaningful impact and help our clients build better financial futures. We look forward to supporting his continued growth and success in this role.”
Drake Bank is a purpose-driven, independent community bank in St. Paul. Founded in 2002, the Drake team focuses on building authentic relationships and building a better future for the local communities. Drake team members work individually with each client to provide business, consumer, treasury management, and mortgage services to help them reach their goals. Start building a better future. Learn more at drake-bank.com.
