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Building Stronger Communities

Volunteering is not just about lending a helping hand; it's about making a meaningful difference in the lives of others and creating a ripple effect through our community. The Drake Bank team focuses on building a better future for our communities every day as part of our mission. Every year, team members receive 8 hours ...

2024-04-24T10:21:21-05:00April 24th, 2024|Blog, Community Banking|

Empowering Communities: The Essence of Community Banking

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. ...

2024-04-10T07:30:54-05:00April 10th, 2024|Blog, Community Banking|

Homebuying 101

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 ...

2024-01-02T10:37:12-05:00January 16th, 2024|Blog, Community Banking, Mortgage|

Building a Culture of Fun

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 ...

2023-11-13T09:44:31-05:00November 16th, 2023|Blog, Community Banking|

Giving Back: Minnesota Bankers Community Impact Month

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 ...

2024-04-23T13:13:54-05:00October 2nd, 2023|Blog, Community Banking|

Joint Money Management

Couples agree that money is the primary source of conflict in most relationships. And it’s no wonder why. People hold different values around money depending on when and where they were raised, cultural norms, and more. For example, someone who shops at thrift stores might balk at their beau’s $100 clothing item. Individuals who value ...

2022-06-27T14:11:50-05:00July 18th, 2022|Blog, Community Banking|

Financial Wellness: A Lifelong Journey

Financial wellness impacts every facet of your life. Stressed about rent this month? Concerned you’re not setting aside enough for retirement? Lots of life’s daily stressors can be linked to money. Still, by moving through each of the five stages of financial wellness with a curious desire to learn and mature, you’ll have less stress ...

2022-06-21T10:46:07-05:00April 5th, 2022|Blog, Community Banking|

Credit: Use, Impact & Management

March is National Credit Education Month, so what better time to brush up on your knowledge? A little mysterious and sometimes confusing, credit represents the ability to borrow money assuming it will get paid back in the future, usually with interest. It's an agreement between a lender (i.e., a bank or merchant) and a borrower ...

2022-06-21T10:46:20-05:00March 14th, 2022|Blog, Community Banking|

Vacation Fund Savings Tips

Thinking that you need a change of scenery? Ready to get your toes in the sand (instead of some snow)? If you have been longing to escape and are thinking about planning your next vacation, here are some quick tips that may help you click ‘book’ and head to warmer (or cooler) climates faster. 1. ...

2022-06-21T10:51:48-05:00January 25th, 2022|Blog, Community Banking|
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