Stephanie Scarrella Named a 2021 Super Mortgage Professional

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# [...]

By |2021-11-01T08:24:41-05:00November 1st, 2021|Awards, Bank Updates|0 Comments

Drake Bank Awarded 5-Star Trusted Community Bank by BauerFinancial

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 [...]

By |2021-05-11T08:11:42-05:00May 10th, 2021|Awards|0 Comments

Laura Gevik Named a 2021 Notable Woman in Commercial Banking

St. Paul, Minn. | February 12, 2021 – Twin Cities Business (TCB) Magazine – a leading resource for business news, insight, and inspiration – announced Laura Gevik, senior vice president, chief operations officer at Drake Bank, as one of 22 Notable Women in Commercial Banking honorees. “TCB’s 22 Notable Women in Commercial Banking were already [...]

By |2021-02-12T12:15:42-05:00February 12th, 2021|Awards, Bank Updates|0 Comments

Twin Cities Business: Notable Women in Commercial Banking 2021

TCB’s 22 Notable Women in Commercial Banking were already responsible for managing trillions of dollars at some of Minnesota’s largest commercial banks and institutions. Add in a global pandemic and they were also responsible for steering clients through the complexities of the Paycheck Protection Program (PPP) and other Covid-19 assistance programs, helping to keep Minnesota [...]

By |2021-02-12T10:39:52-05:00February 12th, 2021|Awards, News|0 Comments

Drake Bank Receives Social Assurance’s Community Spark Award

St. Paul, Minn. | September 14, 2020 – Social Assurance — a marketing, sales, and community development software that helps banks and credit unions support their community – announced Drake Bank and Michigan State University Federal Credit Union (MSUFCU) as the winners for the 2020 Community Spark Award. The award recognizes banks and credit unions [...]

By |2020-09-14T10:41:10-05:00September 14th, 2020|Awards, Bank Updates|0 Comments

Social Assurance: Community Spark Award 2020 Runner-Up

With COVID-19 significantly hindering small businesses and the job market, Drake Bank saw that its community needed help. Its mission is to “Build a Better Future,” and with the abundance of uncertainty, they leaned into their mission and core values by creating the Drake COVID-19 Relief Fund. Its goal was to provide financial assistance to [...]

By |2020-12-29T08:38:36-05:00September 14th, 2020|Awards, News|0 Comments
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