Bank Index

Drake Bank

Bank · Saint Paul, United States · overall 4.8 / 10

Open in Bank Index

How this 4.8 is built

Average of 6 scored needs: 4.8. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

Drake Bank is recorded in the global register as a bank in Saint Paul, United States. The register names Federal Deposit Insurance Corporation as its regulator and shows the licence as active. Total assets 0.25 bn USD at 2026-06-30. It reports 1 offices. Established 2002. Collected from open registers.

On its own website: “Drake Bank is a community bank in St. Paul, MN, offering personal and business banking, lending, and relationship-focused service across the Twin Cities.”

Legal name
Drake Bank
Regulated by
Federal Deposit Insurance Corporation
Licence confirmed
yes, on a regulator's own list
Established
2002
LEI
5493007GTTV61V305H74
Website
drake-bank.com

Scores, 0 to 10

6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
3.5Financial strength & stability
· source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.