St. Paul, Minn. | November 14, 2024 – The Minnesota Bankers Association (MBA) has recognized 84 Minnesota banks, including Drake Bank, for their community involvement. MBA’s Community Champion program honors and recognizes the vital role banks play in their communities.
For its second consecutive year, Drake Bank was recognized as a Community Champion for working with community organizations by providing funding, volunteers, materials, supplies, and food to their neighbors. Recipients of MBA’s Community Champion program range in size from small community banks to large banks with multiple branches.
“Supporting our community aligns with our mission of building a better future,” said Greg Larson, President and CEO of Drake Bank. “As a community bank, our team finds purpose in being able to help others and give back to the communities we serve.”
During MBA’s September Community Impact Month, these 84 banks and 383 branches devoted more than 3,600 volunteer hours, completed hundreds of community service projects, and donated tens of thousands of dollars to charitable organizations. In total, more than 244 distinct communities in Minnesota were impacted by their efforts.
During Community Impact Month, Drake Bank supported the local community by volunteering with Every Meal, cleaning up Drake Bank’s adopted park, and making tie blankets for the Kids In Need Foundation. Read more about our impact in our blog.
“Minnesota banks provide an extraordinary level of commitment to the communities they serve,” said Joe Witt, President and CEO of Minnesota Bankers Association. “In addition to providing the capital that helps families and local businesses thrive, the banking industry’s record of supporting charitable and community causes is second to none. MBA is pleased to recognize these banks for their commitment to making a real difference in their local communities.
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.
