St. Paul, Minn. | June 15, 2023 – Drake Bank welcomes Jim (James) Iacarella as ITIN Mortgage Loan Officer (NMLS #343004). Iacarella is a highly accomplished mortgage officer with over 30 years of experience in developing relationships and helping individuals through the mortgage process. Additionally, in the last 13 years, Iacarella has maintained a hyper-focus ...
Scammers target seniors more than any other group. Recently, there has been a rise in senior fraud, targeting vulnerable older adults who may be more trusting or unfamiliar with the latest scams. What is Senior Fraud? Senior fraud encompasses a range of deceptive activities designed to exploit older adults for financial gain. Perpetrators are constantly ...
PARSIPPANY, N.J.--(BUSINESS WIRE)--Provenir, a global leader in data and AI-powered risk decisioning software, today congratulated its customer B Generous for being recognized as a finalist in the “PayTech for Good” category of the PayTech Awards 2023. The PayTech Awards celebrate and recognize outstanding achievements in the use of technology in the finance and payment industry worldwide. The ...
The On the Rise honorees are part of Fast Company’s 2023 World Changing Ideas Awards. Explore the full list of projects we’re honoring for making the world more equitable, accessible, and sustainable. The On the Rise category of Fast Company’s World Changing Ideas Awards honors projects from companies that have been in business for less than ...
Most adults understand the importance of financial education and teach financial responsibility. It is also important to kids about finances, savings, and being responsible. Here are five ways to teach kids about money and help them learn smart saving techniques early. 1. Wants and Needs Teaching kids the difference between ‘wants’ and ‘needs’ can help ...
Drake Bank has been designated as an Approved Lender for the Minnesota Department of Employment and Economic Development’s (DEED) Minnesota Loan Guarantee Program (MNLGP). The MNLG program provides guarantees to enrolled lenders for up to 80% of the principal on loans to eligible businesses. It is part of the State Small Business Credit Initiative and ...
What is the FDIC? The FDIC, or Federal Deposit Insurance Corporation, is an independent agency Congress created in 1933. The goal of the FDIC Is to maintain stability and public confidence in the nation’s financial system. The FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex ...
Since 2021, the number of smaller donors contributing to nonprofits has declined, sparking a new interest in using technology to make it easier to give to a charity. Economic upheaval, inflation and the ongoing decline in the use of checks and cash, which have traditionally formed the backbone of individual contributions to nonprofits, have taken ...
St. Paul, Minn. | January 24, 2023 – Drake Bank has been approved as a lender in the Minnesota Loan Guarantee Program by the Minnesota Department of Employment and Economic Development (DEED). The Minnesota Loan Guarantee Program (MNLGP) provides guarantees to enrolled lenders for up to 80% of principal on loans to eligible businesses. It ...
According to Fidelity Charitable, the number one reason why more than 70% of donors don’t give more (or at all) is due to financial constraints. The second biggest reason is that they don’t believe their gift will be large enough to make a difference. At B Generous, we remove these constraints to allow donors to give ...