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Drake Bank Welcomes Jeff Weldon, Chief Financial Officer, to Senior Management Team

St. Paul, Minn. | April 4, 2024 – Drake Bank welcomes Jeff (Jeffrey) Weldon to the senior management team as senior vice president, chief financial officer. With over 25 years of banking experience, Weldon’s innovation and leadership will assist the Bank in achieving the next level of success and growth. Weldon’s results-oriented experience includes helping ...

2024-04-05T08:30:43-05:00April 4th, 2024|Press Releases|

Drake Bank Introduces ITIN Mortgage Program

St. Paul, Minn. | March 26, 2024 – Drake Bank is pleased to announce the launch of its newest program, the ITIN mortgage program. This program provides mortgage products to individuals without a Social Security Number (SSN) and promotes homeownership opportunities for all. Individual Taxpayer Identification Number (ITIN) mortgages are designed to offer flexible and ...

2024-03-25T14:33:53-05:00March 26th, 2024|Press Releases|

Greg Larson Selected as a member of the American Bankers Association Government Relations Council

St. Paul, Minn. | January 8, 2023 – Greg Larson, president and CEO of Drake Bank, has been selected as a member of the American Bankers Association's (ABA) Government Relations Council. ABA has always been at the heart of the innovations that have helped bankers serve their customers. Committed to making sure banks of all ...

2024-01-16T12:42:56-05:00January 8th, 2024|Press Releases|

Drake Bank Promotes Janet Alland to Senior Vice President

St. Paul, Minn. | November 16, 2023 – Drake Bank has promoted Janet Alland to senior vice president, retail banking. Alland joined the Bank in October 2020 as vice president, consumer financial services and retail banking. With this promotion, Alland will join the Bank’s senior management team. Alland will continue to oversee the retail team ...

2023-11-16T10:16:35-05:00November 16th, 2023|Press Releases|

Drake Bank Honored for Community Commitment

St. Paul, Minn. | November 14, 2023 - The Minnesota Bankers Association (MBA) has recognized 90 Minnesota banks, including Drake Bank, for their community involvement. Banks play a vital role in their communities, to honor and recognize their involvement, the MBA created the Community Champion Recognition Program. Drake Bank is one of 90 Community Champions ...

2023-11-14T12:57:23-05:00November 14th, 2023|Press Releases|

Lisa Franxman Named 2023 Legacy Award Winner

St. Paul, Minn. | November 13, 2023 – Lisa Franxman was named the 2023 Legacy Award Winner by the Dakota County Regional Chamber of Commerce (DCR Chamber) at their annual Business Excellence Awards Celebration. The Legacy Award is given to a dedicated business professional, who has made a lasting impact on their companies, and the economic ...

2023-11-13T09:51:43-05:00November 13th, 2023|Press Releases|

Stephanie Scarrella Named a 2023 Super Mortgage Professional

St. Paul, Minn. | October 23, 2023 – Twin Cities Business (TCB) Magazine, a leading resource for business news, insight, and inspiration, and Mpls.St.Paul (MSP) Magazine, a local publication providing timely,  dependable, and interesting information about the people, places, and events that form the Twin Cities; announced Stephanie Scarrella, senior mortgage lender at Drake Bank ...

2023-10-18T13:20:14-05:00October 23rd, 2023|Press Releases|

Drake Bank Welcomes Jim Iacarella as ITIN Mortgage Loan Officer

St. Paul, Minn. | June 15, 2023 – Drake Bank welcomes Jim (James) Iacarella as ITIN Mortgage Loan Officer (NMLS #343004). Iacarella is a highly accomplished mortgage officer with over 30 years of experience in developing relationships and helping individuals through the mortgage process. Additionally, in the last 13 years, Iacarella has maintained a hyper-focus ...

2023-06-15T12:01:24-05:00June 15th, 2023|Press Releases|
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