St. Paul, Minn. | April 8, 2024—Twin Cities Business (TCB) Magazine — a leading resource for business news, insight, and inspiration — announced Janet Alland, senior vice president of retail banking at Drake Bank, as one of 18 Notable Women in Banking and Finance honorees.
The individuals featured as Notable Women in Banking and Finance were drawn from nomination materials provided in January 2024. To qualify as an honoree, individuals must self-identify as a woman; be serving in a senior-level commercial banking role at their company, bank, or institution in Minnesota; have at least five years of experience in the field; and have shown the abilities to create significant, positive, and measurable results in their field.
TCB’s Notable Women in Banking and Finance stand out as leaders: pioneering new financial technologies, advocating for DEI initiatives, and inspiring their teams.
Since joining Drake Bank in October 2020, Janet has played an integral role in reimagining and building our Bank’s retail banking ecosystem by attracting solid talent and persistently investing in our team, reviewing and updating our product offerings to give clients more choices, recommending and implementing procedural changes to improve client experience, and investing in relationships Bank-wide to unify and solidify our approach to clients to stay true to our focus on building better futures for our clients and the communities we serve. The approach Janet champions daily has significantly improved client and team satisfaction and compounded average growth rates in deposits and loans of over 15%, confirming her success. Additionally, Janet was promoted and joined the Bank’s senior management team in November 2023.
“We are thrilled that Janet is being recognized for her outstanding banking career,” said Scott Swenson, chief banking officer at Drake Bank. “Her focus on clients and team members is exceptional. We appreciate Janet’s leadership and the significant difference she has made in improving our processes and client experience. Congratulations, Janet!”
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.
