St. Paul, Minn. | March 7, 2022 – Drake Bank welcomes Tom (Thomas) Bobak as director of business development. Bobak is highly experienced with a diverse background, including banking and finance, construction, and recruiting throughout the Midwest markets.

In his role at Drake, 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.

“We are excited to have Tom join our team,” said Scott Swenson, chief banking officer at Drake Bank. “We continue to expand the Drake Bank team based on opportunities to grow relationships with business owners in our community. Tom’s experience in helping business accomplish their goals aligns with our mission at the Bank. Tom is a great addition to our team.”

Bobak is also involved in the community as a member of Legends Club and a former board member with Minnesota Housing Partnership and Group for Affordable Housing.

Drake Bank is a purpose driven independent bank in St. Paul. We were founded in 2002 by a group of successful entrepreneurs committed to helping others succeed for the shared prosperity of their community. Our 70+ founders invested their own money to fund the first business loans and many are still shareholders today. Start building a better future. Learn more at