|Social Assurance announced Drake Bank as a winner of the 2020 Community Spark Award. The award recognizes banks and credit unions making an outstanding difference in their local communities through unique support, volunteerism, philanthropy, and development initiatives.
Drake Bank received runner-up for the award for their Drake COVID-19 Relief Fund initiative. The relief fund helped individuals experiencing financial hardships resulting from the pandemic. The directors, staff, and community members of Drake Bank raised over $80,000 in donations for distribution to members of their community, providing 155 local individuals with $500 each in relief grants.
|WNB Financial is pleased to announce Tom Wills, Mortgage Loan Officer in Wabasha, as the recipient of its 2020 third quarter Community PRIDE Award. Wills serves the board of directors for the Wabasha Kellogg Area Chamber of Commerce and volunteers his time for the Home Delivered Meals program through Three Rivers Community Action. He spent 21 years as a board member for the Wabasha-Kellogg Scholarship Foundation and many years coaching high school sports in the Wabasha area. As a Community PRIDE Award recipient, Wills received $100 to donate to the Wabasha-Kellogg Scholarship Foundation.
|The Association of Military Banks of America (AMBA) has established a scholarship to the Graduate School of Banking at the University of Wisconsin-Madison to honor Raleigh A. “Andy” Trovillion. Trovillion, a long-time former GSB faculty member and Association of Military Banks of America (AMBA) board chairman, passed away in 2019 after a distinguished career in banking.
Bankers eligible for this scholarship must be serving or have served honorably as an active duty, Reserve, or National Guard member of one of the Armed Services of the United States. Bankers who are military spouses or spouses of veterans are also eligible to apply. This scholarship is available in the amount of $1,500 for each year of the student’s attendance (approximately 1/3 of the annual tuition fees) for a total value of $4,500.
| Bridgewater Bank is pleased to announce that their long-anticipated HQ is officially open in St. Louis Park on Excelsior Boulevard. The 84,000-sf. mixed-use building provides ample social distancing space for employees and clients alike. Amenities include beer on tap, a game room, custom mothers’ rooms, a gym tenant, Hazelwood Food & Drink and more. The bank’s headquarters, including operations and administrative offices, are located on the second and third floors. The fourth-floor space is leased to local, entrepreneurial tenants.