Star Tribune: Business People – Sunday, Feb. 14
Drake Bank, St. Paul, announced that it has named Erin Callan assistant vice president, credit administration. Read More
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 [...]
Dakota County Regional Chamber: Announcing New 2021 Board Members
The Dakota County Regional Chamber of Commerce elected two new board members at the January DCR Chamber Board meeting. Richard Payne, Ecolab, and Scott Swenson, Drake Bank, have been asked to serve on the Board of Directors for a three-year term commencing February 1, 2021. Read More
South Eagan Neighbors: The Spirit of Giving & Service in Eagan
As the new year begins, the spirit of giving and service is alive and well in Minnesota's community of Eagan thanks to long-time residents, Scott and Carol Swenson, and their neighbors. "Carol and I are impressed by the giving and caring of our neighbors in our community," said Scott. "While it would be easy to [...]
Minneapolis/St. Paul Business Journal: Letter to the Editor
To the editor: Regarding your article in the Dec. 11 edition of the Business Journal titled, “For PPP, these banks outpunch their big rivals” (published online here), I thought I would take the time to offer a little more perspective. You make it clear the list you published is focused on the “state’s largest banks [...]
ICBM: Drake Bank Honors Staff for Community Commitment
The Merriam Webster Dictionary defines the word “hero” as “a person admired for achievements and noble qualities” and “one who shows great courage.” Community bankers are known for making a local difference in the community, and the people of Drake Bank are representative of this commitment. As such, the bank has honored each of them [...]
Drake Bank Honors Team Members as 2020 Heroes
St. Paul, Minn. | December 1, 2020 – Drake Bank has honored each team member as a 2020 Hero for their commitment to our community and company mission and vision. The Merriam Webster Dictionary defines the word ‘hero’ as “a person admired for achievements and noble qualities” and “one who shows great courage.” Community bankers [...]
Minnesota Bankers Association: Announcements
Social Assurance announced Drake Bank as a winner of the 2020 Community Spark Award. The award recognizes banks and credit unions making an outstanding difference in their local communities through unique support, volunteerism, philanthropy, and development initiatives. Read More
Drake Bank is an Eligible Lender for the Federal Reserve Main Street Lending Program
St. Paul, Minn. | November 16, 2020 – The Federal Reserve is temporarily offering the Main Street Lending Program to support lending to small and medium-sized for-profit businesses and nonprofit organizations that were in sound financial condition before the onset of the COVID-19 pandemic. The Main Street Lending Program aims to keep credit flowing to [...]
Star Tribune: How the Customers Gave Chey Car a Lift
When an underinsured driver took Chey Eisenman off the road, her customers were there to give her a lift. It had been a rough 2020 for Chey Car, the beloved Twin Cities car service Eisenman founded during one recession and kept running through a pandemic, recession and the rise of ride-shares. Read More