Business Details
24 Years
experience
Your Trusted Community Bank in St. Paul
Drake Bank has been serving the St. Paul community since 2002, dedicated to building authentic relationships through personalized banking solutions. Our team of experienced professionals focuses on understanding individual client needs to deliver tailored financial services that support personal and business growth. As an independent community bank, we prioritize local economic development by championing small businesses and providing accessible mortgage programs for first-time homebuyers. Our commitment to exceptional service is demonstrated through secure digital banking platforms, competitive rates, and a proven track record of helping clients achieve their financial goals. With over two decades of experience in community banking, we combine modern financial tools with traditional values of trust and transparency.Our team's expertise spans business banking, personal financial services, and mortgage lending, ensuring comprehensive support for all client needs. The bank's historic location in the renovated Drake Building symbolizes our enduring commitment to the community's future while honoring its rich heritage. We maintain rigorous compliance with financial regulations and industry standards, evidenced by our FDIC membership and NMLS certification. Customer testimonials consistently highlight our staff's professionalism, responsiveness, and dedication to finding practical financial solutions. Through active community engagement and personalized service, Drake Bank continues to build a better financial future for all our clients.
Services
Business Banking
Personal Banking
Mortgage Lending
Online Banking
Treasury Management
Details
- Year established: 2002
Highlights and features
- We offer personalized banking solutions tailored to individual financial goals
- Our team has over 20 years of community banking experience in St. Paul
- We provide comprehensive services including business, personal, and mortgage banking
- Our secure digital banking platforms offer convenient 24/7 account access
- We maintain a strong commitment to local community development and small business support
Associations and certifications
- FDIC
- NMLS
What people say
Exceptional support
Outstanding service
Pleasure to work with
Personalized banking solutions
Champion for small businesses
Services
Business Banking
Drake Bank provides customized business banking solutions including checking and savings accounts, lending options, and treasury management services. Our local experts work closely with business owners to develop financial strategies that support growth and operational success. We offer competitive rates and digital tools to help businesses manage cash flow efficiently.
Personal Banking
Our personal banking services include checking and savings accounts, lending products, and online banking solutions tailored to individual financial needs. The local team helps clients achieve personal financial goals through personalized service and competitive rates while maintaining convenient digital access to accounts 24/7.
Mortgage Lending
Drake Bank offers comprehensive mortgage lending services including conventional, FHA, VA, and jumbo loans. Our experienced mortgage team guides clients through the home buying process, providing pre-qualification options and refinancing solutions to help achieve homeownership goals with personalized support.
People
Lisa Franxman
Business Banking Staff
Lisa Franxman specializes in business banking solutions at Drake Bank, helping local businesses develop customized financial strategies. With extensive experience in commercial banking, she focuses on building long-term relationships and supporting business growth through personalized service.
Frank Inamagua
Business Banking Staff
Frank Inamagua provides expert business banking services at Drake Bank, working closely with business owners to understand their unique financial needs. He brings practical experience in developing tailored banking solutions that support business operations and growth objectives.
Greg Larson
Business Banking Staff
Greg Larson offers specialized business banking expertise at Drake Bank, focusing on creating customized financial solutions for local businesses. His approach emphasizes understanding client needs to deliver practical banking services that support long-term business success.
Gino Monico
Business Banking Staff
Gino Monico provides dedicated business banking services at Drake Bank, helping businesses navigate financial challenges with personalized solutions. His client-focused approach emphasizes clear communication and tailored banking strategies to support business growth.
Stephanie Scarrella
Mortgage Lending Staff
Stephanie Scarrella specializes in mortgage lending at Drake Bank, guiding clients through the home buying process with personalized support. Her expertise includes helping first-time homebuyers and providing refinancing options to meet changing financial needs.
Questions
What banking services does Drake Bank offer?
Drake Bank provides business banking, personal banking, mortgage lending, and treasury management services with personalized financial solutions for individuals and businesses.
How is Drake Bank different from other banks?
As a local community bank, Drake Bank focuses on personalized service, local decision-making, and building long-term relationships with clients through tailored financial solutions.
Does Drake Bank offer online banking services?
Yes, Drake Bank provides secure online and mobile banking solutions for convenient 24/7 account access and management.
What mortgage options are available?
We offer conventional, FHA, VA, jumbo mortgages, first-time homebuyer programs, and refinancing options tailored to individual home buying needs.
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