Personal Checking
Choose account features that make sense for your personal finance goals.
All our personal checking accounts include:
Free Online Banking
Mobile Banking with Mobile Deposit
- Bill Pay
Free Statements
Combined Statements Available for All Your Drake Bank Accounts
- Free ATM/Debit Card with Fraud Alerts
- Access to Surcharge-Free ATMs, With Our Free ATM Locator App1
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 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
Fraud Protection for Your Debit Card
If we suspect you may be a victim of debit card fraud, we will:
Send an Email, Followed by a Text Message
You Can Reply ‘Fraud’ or ‘No Fraud’
No Response? You Will Get an Automated Call with the Option to Speak to a Fraud Analyst
Get the Most Out of Your Banking Relationship
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.