Drake Bank welcomes Jeff Weldon to the senior management team as senior vice president, chief financial officer. As chief financial officer, Weldon will provide dynamic leadership of all financial accounting and investment functions for the Bank and its holding company, Plato Holdings, Inc. Weldon will also serve as chair of the Bank’s Funds Management Committee ...
Drake Bank welcomes Jim Iacarella as ITIN Mortgage Loan Officer. Iacarella is a highly accomplished mortgage officer with over 30 years of experience in developing relationships and helping individuals through the mortgage process. Read More
The grand marshal for July 4 Eagan Grand Day Parade has been a leader in the community for decades. Scott Swenson, 65, moved to Eagan 37 years ago. He said he is proud to tout city assets, but most of all, he talks about residents, city leaders, community leaders, volunteers, and the benefits of making ...
The economic impact of a community bank is huge. In an interview with Invest:, Greg Larson, president & CEO of Drake Bank, is convinced that community banks play an integral role in growing local businesses and increasing financial literacy. “We think that money recycles in our community through Drake Bank eight to 12 times,” he said. ...
Drake Bank has promoted Justin Robinson to senior vice president, risk and compliance. Robinson joined the Bank in January 2021 as vice president, compliance and risk. With this promotion, Robinson will join the Bank’s senior management team. Robinson will continue to oversee the Bank’s compliance, internal audit, risk, and vendor management areas. Read More
Drake Bank announced its partnership with B Generous and the launch of Donate Now, Pay Later (DNPL), a revolutionary new fintech allowing donors to make contributions to their favorite nonprofits through a Point of Donation Loan (PoDL). This proprietary philanthropic credit product allows nonprofits to receive donations immediately, while the donors pay over time with ...
Drake Bank has promoted Laura Gevik to executive vice president, chief operations officer. Gevik joined the Bank in May 2020 as senior vice president, chief operations officer. Gevik will continue to oversee the Bank's audit, BSA, compliance, deposit operations, finance, human resources, marketing, and project management functions. Drake Bank has promoted Tegan Dornink to credit ...
First-ever philanthropic credit product has potential to unlock billions for nonprofits LOS ANGELES, Aug. 25, 2022 /PRNewswire/ -- B Generous, a first of its kind FinTech for good platform, announces the official launch of Donate Now, Pay Later™ (DNPL), a revolutionary new tool allowing donors to make contributions to their favorite nonprofits through a proprietary ...
Drake Bank announces 20 years of community banking and building better futures. Drake Bank was chartered on May 1, 2002, being the first new bank chartered in St. Pual for 40 years. Read More
Drake Bank welcomes Bill Miller as Vice President Commercial Banker. Miller, a third-generation banker, has over 40 years of banking experience and building relationships, helping businesses grow and meet their goals. Read More