St. Paul, Minn. | November 1, 2021 – Twin Cities Business (TCB) Magazine, a leading resource for business news, insight, and inspiration, and Mpls.St.Paul Magazine provides timely, dependable, and interesting information to its readers about the people, places, and events that form the Twin Cities; announced Stephanie Scarrella, senior mortgage lender at Drake Bank (NMLS# ...
You just paid your rent for the month, your bill payments were due last week, you’re awaiting your next paycheck, and your car stops working – do you have the emergency funds you need for getting back up and running? 55% of households would struggle to “make ends meet” after facing a financial shock, such ...
St. Paul, Minn. | August 23, 2021 – Drake Bank welcomes Karen A. LaBate as vice president commercial banker. LaBate has over 17 years of experience in commercial banking at community banks throughout Minnesota. LaBate has a passion for building relationships with clients to help meet their business needs and goals while managing risk. In her ...
Holly Stocker has joined the Drake Bank Board of Directors, with service starting in April 2021. The addition of Stocker to the Drake Bank Board is part of the strategy to expand the Drake Bank Board's breadth by relying on experienced community business leaders from a wide variety of disciplines with specific subject matter expertise. ...
BauerFinancial, Inc. has awarded Drake bank the highest (5-Star) rating for financial strength and stability. The 5-Star rating is proof that Drake Bank excels in areas such as capital adequacy, profitability, asset quality, and more. BauerFinancial's Bank star ratings are based on December 31, 2020, financial data compiled from call report data reported to federal ...
ST. PAUL, Minn., July 12, 2021 /PRNewswire/ -- Plato Holdings, Inc., the parent company of Drake Bank, announced the closing of its privately placed $5 million fixed-to-floating rate subordinated debentures. The Plato Holdings, Inc. 2021 Series A Subordinated Debentures (CUSIP US 72767WAA99) have a maturity date of July 1, 2031, and carry a fixed rate ...
St. Paul, Minn. | July 12, 2021 – Plato Holdings, Inc., the parent company of Drake Bank, announced the closing of its privately placed $5 million fixed-to-floating rate subordinated debentures. The Plato Holdings, Inc. 2021 Series A Subordinated Debentures (CUSIP US 72767WAA99) have a maturity date of July 1, 2031, and carry a fixed rate ...
Drake Bank named Brianna Harstad as Human Resources and Talent Development Officer. Harstad joined the Bank in October 2020 as human resources and talent development manager. Additionally, Hailey Lewis has been named Brand and Project Activation Officer. Lewis joined the Bank in March 2020 as brand master. Read More
St. Paul, Minn. | May 10, 2021 – BauerFinancial, Inc. – the nation’s premier bank rating firm – has awarded Drake Bank the highest (5-Star) rating for financial strength and stability. The 5-Star rating is proof that Drake Bank excels in areas such as capital adequacy, profitability, asset quality, and more. “This is indeed reflective ...
St. Paul, Minn. | April 26, 2021 – Holly Stocker has joined the Drake Bank Board of Directors, with service starting in April 2021. The addition of Stocker to the Drake Bank Board is part of the strategy to expand the Drake Bank Board's breadth by relying on experienced community business leaders from a wide ...