Saint Paul, MN
Bank Drake Bank
Drake Bank is a federally insured bank based in Saint Paul, Minnesota.
- Type
- Bank
- Charter
- State-chartered commercial bank, not a Federal Reserve member
- Primary regulator
- FDIC
- Established
- May 1, 2002
- Headquarters
- Saint Paul, MN
- FDIC certificate #
- 57336
- Fed RSSD ID
- 3090833
- Holding company
- Plato Holdings Inc
- Website
- www.drake-bank.com
$259.8M
Total assets Data as of Q1 2026
$224.2M
Total deposits Data as of Q1 2026
1
Branch locations Data as of Q1 2026
-$2M
Net income Data as of Q1 2026
-3.04%
Return on assets Data as of Q1 2026
Source: U.S. FDIC BankFind & NCUA 5300 Call Report (public data). Data sources · Data as of Q1 2026
Branches by state
Drake Bank operates 1 branch location in Minnesota. Select a state to drill down to its towns and individual branches.
Ownership
Drake Bank is owned by Plato Holdings Inc. See the full ownership & merger history.
Other banks in Minnesota
Federally insured banks headquartered in Minnesota, by total assets.
- Ameriprise Bank, FSB $25.51B
- Bridgewater Bank $5.32B
- Frandsen Bank & Trust $3.69B
- Stearns Bank National Association $3.3B
- Minnwest Bank $2.97B
- Merchants Bank, National Association $2.93B
- Tradition Capital Bank $2.68B
- Think Mutual Bank $2.27B
Similar-size banks
Institutions close to Drake Bank’s $259.8M in assets.
- Lee Bank and Trust Company $259.9M
- Clarion County Community Bank $259.7M
- Victory Bank $260M
- Wells River Savings Bank $259.5M
- Westside State Bank $259.4M
- The First National Bank of Sterling City $259.1M