St. Paul, Minn., – Drake Bank is celebrating 20 years of community banking and building better futures. Drake Bank was chartered on May 1, 2002, being the first new bank chartered in St. Paul for 40 years.
Since its inception, Drake Bank has focused on building relationships with the community and small businesses to help build better futures. The founders, many of whom are still investors of the Bank today, saw an opportunity for banking to be more personalized and focused on individual service and authentic relationships.
