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 ...
Small Businesses make up 99.5% of Minnesota businesses and employ over 47% of Minnesota’s employees, according to the U.S. Small Business Administration, Office of Advocacy’s 2019 Small Business Profile. These strong statistics reinforce the saying: “small businesses are the backbone of our economy.” At Drake Bank, we have a passion for serving our community and ...
Gaining Awareness We all know it, it’s been said many different ways, and so many times – so let me make this short: Our lives, business, and normalcies have entirely changed. So, when our Human Resource and Talent Development Officer, Melissa Deutsch, suggested checking our team status by executing a word cloud, my immediate answer ...
St. Paul, Minn. | May 4, 2020 – Drake Bank welcomes Laura Gevik to the senior management team as senior vice president, chief operations officer. Gevik's results-oriented experience in coaching and developing staff, and bank management and operations will allow Drake to continue in its growth trajectory. Gevik's extensive banking leadership includes working as an ...
In good times and in bad... In sickness and in health... Yes, these are the traditional words of wedding vows, but they also perfectly represent the commitment that Minnesota banks make to their communities. And as we're finding out, they're not letting a global pandemic dampen that resolve. There is more than $9B in PPP ...
Drake Bank, St. Paul, announced it has hired Jamie Nabozny as director of consumer financial services and civic banking and also named independent financial technology and housing consultant Nichol Beckstrand as co-chair of its board of directors; Beckstrand previously served as chief operating officer and president at Sunrise Banks, St. Paul; Nabozny previously worked at ...
St. Paul, Minn. | April 3, 2020 – The Minnesota Department of Employment and Economic Development (DEED) is temporarily offering the Minnesota Small Business Loan Guarantee (SBLG) Program to Minnesota small businesses affected by COVID-19. The SBLG program offers loans to Minnesota businesses with fewer than 250 employees. The loan can be used for a ...
St. Paul, Minn. | March 27, 2020 – Drake Bank has appointed Nichol Beckstrand as Co-Chair of their Board of Directors. Nichol brings significant leadership and financial services industry experience to the Drake Bank Board, including serving as Chief Operating Officer and President at Sunrise Banks. Nichol then served as President and CEO of the ...
St. Paul, Minn. | March 27, 2020 – Drake Bank has hired Jamie Nabozny as Director of Consumer Financial Services and Civic Banking. Jamie brings a wealth of experience in the areas of community engagement, business development, and personal banking from his tenure at both Sunrise Banks and Wells Fargo. Drake Bank Senior Vice President ...
Along with the upgrade to our core system and services, you’ll notice that we're in the process of updating our identity. Why? In 2018, our team went through the process of solidifying our mission and core values. We went back to our roots, recalling that Drake Bank was founded by local entrepreneurs driven to help ...