Who We Are
Your neighborhood banking partner for a better financial future.
About Drake Bank
Our History
Drake Bank opened for business in May 2002 and was the first new bank chartered in St. Paul in 40 years. Local investors and bankers founded the bank after recognizing a void of personal service and local support that had developed in the industry, and were driven to help others succeed for the shared prosperity of the community.
Drake Bank’s home is in the extensively renovated Drake Building, once the home of the Drake Marble and Tile Company. For over 100 years, Drake Marble was a supplier of materials for buildings, coast-to-coast, including the Minnesota State Capitol. Today, the four-story Drake building has an atrium where the sun lights up the entrance to Drake Bank and highlights the original massive columns and brick walls, a unique setting for a unique bank.
Our Mission
Our passionate banking team focuses on building authentic relationships and building a better future for our communities. When you partner with Drake Bank, our team listens to your unique needs and dreams and works to customize solutions, services, and products that are fit just for you. Our mission is to build a better future for you, your business, and our local community – it’s why we come to work every day; it gives our team purpose.
Our Core Values
Dedicated
Devoted to a task or purpose; having single-minded loyalty or integrity
Reliable
Consistently good in quality or performance; able to be trusted
Authentic
Of disputed origin; genuine
Knowledgeable
Facts, information, and skills are acquired through experience or education
Ethical
Relating to moral principles or the branch of knowledge dealing with these
Our Impact
At Drake Bank, our mission to build a better future continues to guide everything we do. We invite you to explore the full reports to learn more about how we’re serving our clients, supporting our community, and preparing for the year ahead.
Careers
Become a Better Future Builder today! Explore our open positions and apply to join our growing team.
Meet the Team
Meet our experienced banking professionals dedicated to serving our clients, businesses, and local community.
Our Blog
Insights, news, and stories from Drake Bank—stay informed and inspired with the latest updates.
Our Expertise
Build A Better Future.
We’re here to make your relationship with money simpler and more meaningful, helping you reach the future you’re aiming for.
Welcome to the newly designed
drake-bank.com
You can access Online Banking through the links in our top menu.
Additionally, we encourage you to explore the new site and additional resources available under the ‘Resources’ dropdown menu.
If you have any questions or need help finding anything, feel free to contact our team.