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

PERSONAL SAVINGS

Account options for saving for your better future.

PERSONAL LENDING

Lending options to control your liquidity.

ONLINE BANKING

Conveniently access and manage your accounts 24/7.

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®.