St. Paul, Minn. | November 14, 2023 – The Minnesota Bankers Association (MBA) has recognized 90 Minnesota banks, including Drake Bank, for their community involvement. Banks play a vital role in their communities, to honor and recognize their involvement, the MBA created the Community Champion Recognition Program.
Drake Bank is one of 90 Community Champions that have worked with hundreds of community organizations this year, providing funding, volunteers, materials, supplies, and/or food for their neighbors. Recipients of the recognition range in size from small community banks to large banks with multiple branches.
“Build a better future” is the essence of our mission at Drake Bank; helping others gives our team purpose and drive,” said Greg Larson, President and CEO of Drake Bank. “Our team gives 24/7, whether it is helping clients at the bank, helping each other, or giving back to our community.”
In the wake of another challenging year for many, Minnesota bankers stepped up their efforts to give back to their communities and citizens. During MBA’s September Community Impact Month, these 90 banks and 411 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 279 distinct communities in Minnesota were impacted by their efforts. During Community Impact Month, Drake Bank supported the local community through volunteering with Feed My Starving Children, Kids In Need Foundation, and hosting a food drive where we donated all the food to Neighborhood House. 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.