Business Financial Services

Drake Bank was formed with the primary intent to serve the local business community.
As a result, from day one we have focused on building a uniquely capable team of specialists who understand commercial banking and understand the challenges and rewards of business ownership.

Whether you are the only person in your firm or have hundreds of employees in multiple locations, you will receive the full attention and strong support that every business needs to grow and prosper.

Our mission is to help build businesses. Let's start by connecting!

Here is an overview of the products and services we offer:

Checking and Savings

With four checking and three savings options designed for businesses, you are assured of a great match with your company's needs.

Commercial Loans

Virtually every type of business loan is offered by Drake Bank, including loans and lines of credit for...

  • Short and Long-Term Working Capital
  • Commercial Real Estate Loans
  • Residential and Commercial Development
  • SBA Loans
  • Equipment Financing
  • Construction Financing
  • Operating Lines of Credit
  • Commercial Letters of Credit

and, Drake Bank is an SBA Preferred Lender.

Funds Management Services

Effective management of financial resources can spell the difference between "coping" and "thriving". We can help. Let us tell you more about...

  • Cash Management Service... for online access to ACH originations, wire transfers, reports, and account management capabilities.
  • Remote Deposit Banking... for fast collection of payments by scanning checks at your business
  • Online Bill Pay Service... for making onetime or recurring payments
  • Business Credit Cards... for simplified record-keeping and special benefits
  • Credit Card Processing... for enabling your firm to accept credit card purchases and enjoy local support
  • Safe Deposit Boxes... for protecting important business documents and valuables
  • 24 Hour Bank-by-Phone... for monitoring balances and transactions by calling
    651-681-1981