Personal Checking
Account options to fit your financial journey.
Our personal checking accounts include:
Contact Our Experts
Personal Checking Account Options
Free Checking
Our most popular checking account
Interest2
None
Monthly Fee3
None
Minimum Daily Balance
None
Extras
Free first order of checks
Interest Checking
Best for larger balances, with paid interest
Interest2
Paid on four tiers:
- $0 – $999.99
- $1,000 – $4,999.99
- $5,000 – $9,999.99
- $10,000+
Monthly Fee3
$10 if the minimum daily balance is not met
Minimum Daily Balance
Any of the following: $1,000 in checking, $5,000 in savings, or $10,000 in loans or CDs
Extras
Free first order of checks
Golden Checking
An interest-bearing account for individuals over 55
Interest2
Paid on four tiers:
- $0 – $999.99
- $1,000 – $4,999.99
- $5,000 – $9,999.99
- $10,000+
Monthly Fee3
None
Minimum Daily Balance
None
Extras
Free basic checks and discounts on a small or medium safe deposit box
Related Services
Fraud Text Alerts4
Our fraud monitoring program keeps an eye on your account and transactions. If we detect a suspicious debit card transaction, a text message is sent to you asking if the transaction is fraudulent.
Zelle®
A fast, safe, and easy way to send money directly between almost any bank account in the U.S., typically within minutes. 5
Our Expertise
All checking accounts require a $100 opening balance.
1 Some ATM networks may impose an additional surcharge unrelated to our accounts. This charge will be assessed to your account.
2 Interest will be compounded and paid monthly based on the daily collected balance. Refer to our deposit account rates for current rate information. At our discretion, interest may change daily. Interest begins to accrue no later than the business day we receive credit for the deposit of checks.
3 Other charges may apply to these accounts; see separate miscellaneous fee schedule.
4 Fraud Text Alerts is available to Drake Bank consumer and business debit cardholders who have mobile phone service through a participating carrier and have an active mobile phone number on file with Drake Bank. Participating mobile carriers are subject to change without notice. By providing your mobile phone number, you agree to enroll in Fraud Text Alerts and authorize text message notifications of suspected fraudulent activity.
5 Transactions typically occur in minutes when the recipient’s email address or U.S. mobile number is already enrolled with Zelle®.