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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 ...

2022-06-21T10:53:59-05:00May 10th, 2021|Bank Updates, In the News|

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 ...

2021-02-12T10:39:52-05:00February 12th, 2021|In the News|

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 ...

2021-04-14T10:46:19-05:00January 18th, 2021|In the News|
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