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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|

Drake Bank is named an Approved Lender for the Minnesota Department of Employment and Economic Development’s (DEED) Minnesota Loan Guarantee Program (MNLGP)

St. Paul, Minn. | January 24, 2023 – Drake Bank has been approved as a lender in the Minnesota Loan Guarantee Program by the Minnesota Department of Employment and Economic Development (DEED). The Minnesota Loan Guarantee Program (MNLGP) provides guarantees to enrolled lenders for up to 80% of principal on loans to eligible businesses. It ...

2023-01-24T09:48:28-05:00January 24th, 2023|Press Releases|

Drake Bank Promotes Justin Robinson to Senior Vice President

St. Paul, Minn. | December 13, 2022 – 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, ...

2022-12-12T11:50:23-05:00December 13th, 2022|Press Releases|

Stephanie Scarrella Named a 2022 Super Mortgage Professional

St. Paul, Minn. | October 18, 2022 – Twin Cities Business (TCB) Magazine, a leading resource for business news, insight, and inspiration, and Mpls.St.Paul Magazine provides timely,  dependable, and interesting information to its readers about the people, places, and events that form the Twin Cities; announced Stephanie Scarrella, senior mortgage lender at Drake Bank (NMLS# ...

2024-01-02T16:14:31-05:00October 18th, 2022|Mortgage, Press Releases|

Drake Bank Welcomes Stacy Arnold as AVP Loan Operations Officer

St. Paul, Minn. | October 13, 2022 – Drake Bank welcomes Stacy Arnold as assistant vice president loan operations officer. Arnold has over 20 years of community banking experience in her previous roles at Luminate, Old National Bank, and KleinBank. Additionally, Arnold has extensive loan operations and processing experience and knowledge. In her role at ...

2022-10-11T13:29:21-05:00October 13th, 2022|Press Releases|
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