Drake Bank welcomes Tom (Thomas) Bobak as Director of Business Development. Bobak is responsible for developing, growing, and retaining commercial relationships, while participating in community and professional organizations to enhance business opportunities and represent the overall Drake Bank brand. Read More

St. Paul, Minn., - Drake Bank is celebrating 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. Paul for 40 years. Since its inception, Drake Bank has focused on building relationships with the community and small businesses to help ...

Holly Stocker has joined the Drake Bank Board of Directors, with service starting in April 2021. The addition of Stocker to the Drake Bank Board is part of the strategy to expand the Drake Bank Board's breadth by relying on experienced community business leaders from a wide variety of disciplines with specific subject matter expertise. ...

BauerFinancial, Inc. 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. BauerFinancial's Bank star ratings are based on December 31, 2020, financial data compiled from call report data reported to federal ...

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 ...

Drake Bank named Brianna Harstad as Human Resources and Talent Development Officer. Harstad joined the Bank in October 2020 as human resources and talent development manager. Additionally, Hailey Lewis has been named Brand and Project Activation Officer. Lewis joined the Bank in March 2020 as brand master. Read More

Drake Bank, St. Paul, announced the hires of Brianna Harstad as human resources and talent development officer and Hailey Lewis as brand and project activation officer. Read More

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. Read More

Drake Bank, St. Paul, has welcomed Justin Robinson as vice president of compliance and risk. Read More