April is Financial Literacy Month, a month of observation highlighting the importance of financial education. As a community bank, we strive to help our clients build a better future for themselves and their businesses. Financial literacy means having the knowledge and responsibility to manage your finances effectively and start reaching your financial goals. This is ...
Far from just a place where deposits and transactions occur, community banks embody a deeper connection to the local community, serving as pillars of financial empowerment and resilience. What is Community Banking? Community banking refers to financial institutions that operate locally, serving the needs of individuals, families, and small businesses within a specific geographic area. ...
In the world of personal finance, building a strong credit history is vital for achieving various financial milestones. Whether you're looking to buy a home or want to start building credit, a good credit score paves the way for your future financial journey. A Credit Builder Loan is designed specifically to help individuals build or ...
The dream of homeownership is universal – including individuals who are not U.S. citizens. A Social Security Number (SSN) is not required to receive a home loan – ITIN mortgages are designed for non-citizens interested in purchasing a home. The ITIN mortgage program offers borrowers the opportunity to use their Individual Tax Identification Number (ITIN). ...
At Drake Bank, we follow a simple process to help make your homeownership journey as easy as possible. Contact Our Team – chat with our team so we can begin to understand you and your goals. The Best Fit – your expert loan officer will assist you in applying for alone that truly fits. Close ...
The process of buying your first home can be very exciting and, at the same time, a little scary. Don’t worry, that’s normal! However, to set yourself up for success and avoid some of the stress, there are some steps you can take as you become a homeowner. First things first, you should start saving ...
The holiday season is a time for joy, giving, and, unfortunately, increased cyber threats. As we get into the festivities, it's a great time to ensure that our shopping experiences are enjoyable and secure. One way to achieve this is by using payment methods that are convenient and safe. MoneyPass ATM Network Drake Bank clients ...
Maintaining a productive and motivated workplace is essential in today's fast-paced and competitive business world. At Drake Bank, we pride ourselves on building better futures for our clients and strive to build a fun and inviting workplace for our team members. From team building and volunteering to potlucks and educational activities, we always find new ...
Personal, financial, and other sensitive information is exchanged over digital networks more every day. Additionally, constantly evolving cyber threats make it more crucial for individuals and organizations to stay one step ahead. In celebration of Cyber Security Awareness Month, we've compiled an overview of cybersecurity, its significance, and practical tips for staying safe online. The ...
September is Community Impact Month, which gives Minnesota Bankers Association member banks a focused period to engage employees in community service activities and shows banks' vital role in supporting their communities. Our team focuses on building a better future for our communities as part of our mission. To give back, the Drake Bank team had ...