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Drake Bank Welcomes Jay Larson as Vice President and Controller

St. Paul, Minn. | May 27, 2020 – Drake Bank welcomes Jay Larson as vice president and controller. Larson has an extensive background in the banking industry, with expertise in business and financial operations, efficiencies, and mergers. Larson comes to Drake Bank after serving as senior financial accountant at Highland Bank. Prior to his work [...]

By |2020-05-26T10:54:37-05:00May 27th, 2020|Bank Updates|0 Comments

Small Business Support Through the Paycheck Protection Program

Small Businesses make up 99.5% of Minnesota businesses and employ over 47% of Minnesota’s employees, according to the U.S. Small Business Administration, Office of Advocacy’s 2019 Small Business Profile. These strong statistics reinforce the saying: “small businesses are the backbone of our economy.” At Drake Bank, we have a passion for serving our community and [...]

By |2020-05-11T07:51:03-05:00May 11th, 2020|Bank Updates|0 Comments

Stressful Times Require Team Awareness

Gaining Awareness We all know it, it’s been said many different ways, and so many times – so let me make this short: Our lives, business, and normalcies have entirely changed. So, when our Human Resource and Talent Development Officer, Melissa Deutsch, suggested checking our team status by executing a word cloud, my immediate answer [...]

By |2020-05-08T08:33:05-05:00May 8th, 2020|Leadership|0 Comments

Drake Bank Welcomes Laura Gevik as Senior Vice President, Chief Operations Officer

St. Paul, Minn. | May 4, 2020 – Drake Bank welcomes Laura Gevik to the senior management team as senior vice president, chief operations officer. Gevik's results-oriented experience in coaching and developing staff, and bank management and operations will allow Drake to continue in its growth trajectory. Gevik's extensive banking leadership includes working as an [...]

By |2020-05-08T07:42:34-05:00May 4th, 2020|Bank Updates|0 Comments

Reenergizing Our Brand

Along with the upgrade to our core system and services, you’ll notice that we're in the process of updating our identity. Why? In 2018, our team went through the process of solidifying our mission and core values. We went back to our roots, recalling that Drake Bank was founded by local entrepreneurs driven to help [...]

By |2019-01-24T16:56:03-05:00January 11th, 2019|Bank Updates|0 Comments

Introducing Our Upgraded System and Services

We truly appreciate your business over the years and are committed to your success. In order to better serve you, we are upgrading to a new core processing system and online banking services. What this means for you: Your account numbers will remain the same. There is no need to change direct deposits or receive [...]

By |2019-01-11T13:25:41-05:00January 9th, 2019|Bank Updates|0 Comments

How to Transition to Our New System

From Friday, January 18, 2019, through Tuesday, January 22, 2019, we will be transitioning to an upgraded transaction processing system and online banking services. More for details on the upgrade and timing, click here. See below for the actions you will need to take to transition to the new system and maintain uninterrupted use of [...]

By |2019-01-11T13:25:41-05:00January 9th, 2019|Bank Updates|0 Comments