About Rachel Kothe

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So far Rachel Kothe has created 86 blog entries.

Giving Back: Community Impact Month

September is Community Impact Month, which gives Minnesota Bankers Association member banks a focused period to engage in community service activities and show how banks play a vital role in supporting their communities. Part of Drake Bank’s mission focuses on building a better future for everyone. To give back, the team participated in three events ...

2024-10-02T09:04:41-05:00October 3rd, 2024|Blog|

Empowering the Next Generation

At Drake Bank, we believe that financial literacy is an important foundation block for our clients. Understanding how to manage money from an early age is crucial; our team is committed to providing parents and children with the tools they need to build a strong financial foundation. Our consumer banking experts, Janet Alland, senior vice ...

2024-09-24T15:36:56-05:00September 25th, 2024|Blog|

Building Your Savings: Exploring Personal Savings and CD Products

Choosing options that align with your financial goals is essential when considering personal savings. Whether you’re saving for a rainy day, a major purchase, or want to grow your wealth over time, understanding different savings options is important. Two popular choices for personal savings are traditional savings accounts and certificates of deposit (CDs). Each offers ...

2024-09-18T09:55:44-05:00September 10th, 2024|Blog|

Drake Bank Welcomes Michael Wier to its Board of Directors

St. Paul, Minn. | September 3, 2024 – Michael Wier has joined the Drake Bank Board of Directors, with service starting in August 2024. With over thirty years of experience in the financial services industry, Wier brings a wealth of knowledge and expertise that will be invaluable to the Bank’s strategic initiatives and growth plans. ...

2024-09-03T08:43:37-05:00September 3rd, 2024|Press Releases|

Drake Bank Recognized as 2024 SBA Minnesota Lender for Assets Below $250MM

St. Paul, Minn. | August 27, 2024 – Drake Bank is honored to announce that it has been recognized by the U.S. Small Business Administration (SBA) as the top lender in Minnesota for financial institutions with assets below $250 million. This award highlights Drake Bank's dedication to empowering small businesses and promoting economic growth within ...

2024-08-27T09:27:50-05:00August 27th, 2024|Press Releases|

Drake Bank Welcomes Frank Inamagua as VP, Commercial Banker

St. Paul, Minn. | August 14, 2024 – Drake Bank welcomes Frank Inamagua as vice president, commercial banker. Inamagua brings a wealth of experience and a proven track record in business and retail banking, having over 15 years at various financial institutions. In his role at Drake Bank, Inamagua is responsible for developing, growing, and ...

2024-08-12T13:49:00-05:00August 14th, 2024|Press Releases|

Drake Bank Participates in the First-Generation Homebuyers Community Down Payment Assistance Fund

St. Paul, Minn. | June 25, 2024 – Drake Bank is proud to announce its participation in the First-Generation Homebuyers Community Down Payment Assistance Fund Program to empower first-time homebuyers in Minnesota. This initiative offers up to 10% of a home’s purchase price (up to $32,000) as a forgivable loan designed to help first-generation buyers ...

2024-06-24T13:00:10-05:00June 25th, 2024|Press Releases|

Men Wear Pink in Minnesota

Scott Swenson's involvement with the Men Wear Pink campaign began nearly a decade ago when he was approached by the American Cancer Society (ACS) to become an ambassador for what was then called their Real Men Wear Pink initiative. At the time, Scott, surrounded by the women in his life—three daughters, a wife, and four ...

2024-05-29T10:38:35-05:00May 29th, 2024|Blog, In the News|
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