St. Paul, Minn. | September 3, 2024 – Michael Wier has joined the Drake Bank Board of Directors, with service starting in August 2024. With over thirty years of experience in the financial services industry, Wier brings a wealth of knowledge and expertise that will be invaluable to the Bank’s strategic initiatives and growth plans. The addition of Wier 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.
Wier retired in 2023 as Senior Vice President/Sales-Trader at Oak Ridge Financial, where he focused on maintaining and enhancing client relationships across a broad client base, including money managers, depository institutions, regional dealers, and retail distribution platforms. His career has been marked by significant contributions to various financial companies, including Wedbush Securities, Finacorp Securities, North American Capital Markets, and Dain Rauscher Inc.
“We are thrilled to welcome Michael Wier to our Board of Directors,” said Greg Larson, CEO, President, and director/shareholder of Drake Bank. “His profound understanding of the financial markets, leadership, innovation, and bank ownership will be key to have on our Board.”
Wier holds a Master’s degree and bachelor’s degree from the University of Minnesota. His dedication to continuous learning and professional development is further evidenced by his numerous certifications.
“Michael has a proven record of excellence in his career,” said Nichol Dehmer, co-chair at Drake Bank, “His expertise will add value to the other knowledge areas we have around the table and continue to push Drake on its journey to excellence.”
Drake Bank is a purpose-driven, independent community bank in St. Paul. Founded in 2002, the Drake team focuses on building authentic relationships and building a better future for the local communities. Drake team members work individually with each client to provide business, consumer, cash management, and mortgage services to help them reach their goals. Outside of the Bank’s traditional banking services, it partners with mission-aligned financial technology companies to expand its mission to other communities. Start building a better future. Learn more at drake-bank.com.
