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Yahoo Finance: Plato Holdings, Inc. Announces Closing of $5 Million of Subordinated Debentures

ST. PAUL, Minn., July 12, 2021 /PRNewswire/ -- Plato Holdings, Inc., the parent company of Drake Bank, announced the closing of its privately placed $5 million fixed-to-floating rate subordinated debentures. The Plato Holdings, Inc. 2021 Series A Subordinated Debentures (CUSIP US 72767WAA99) have a maturity date of July 1, 2031, and carry a fixed rate [...]

By |2021-07-14T07:50:25-05:00July 12th, 2021|News|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

Minneapolis/St. Paul Business Journal: PPP Round 2: These Twin Cities Banks are Participating and Tell What You Need Know

With the U.S. Small Business Administration launching a new $284 billion Paycheck Protection Program last week, the Business Journal asked Twin Cities banks whether they plan to participate and, if so, whether they will accept applications from businesses that are not existing customers. We also asked them what prospective borrowers should know. The inquiries to more [...]

By |2021-04-14T10:46:19-05:00January 18th, 2021|News|0 Comments
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