Drake Bank CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews

  1. Home
  2. Banks
  3. Drake Bank Deposit Rates

Drake BankToday's 12-month CD rates can be found at 2.01%, 6-month CD rates at 3.94% and 3-month CD rates at 1.65%. Current savings rates are at 0.50% and money market rates are at 0.03%. Mortgage rates today on 30-year fixed loans are around 6.56%. Credit Card rates are at 8.50%. Personal Loan rates are at 14.99%. All these rates, and more, can be found in our database of rates.

To see how these rates compare to Drake Bank CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from Drake Bank, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with Drake Bank CD rates. You can also compare Drake Bank savings rates, MMA rates and mortgage rates using our other rate lists.

Drake Bank money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Drake Bank? Share your experience about Drake Bank by leaving a review below, or read customer reviews before you decide to use Drake Bank.

Drake Bank Texas Ratio

Drake Bank's Texas Ratio is at 2.27%, which is considered excellent. The Texas Ratio for Drake Bank is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, Drake Bank is an excellent bank worth considering, with an overall rating of 4 stars out of 5 stars.

Rate
APY/APR
vs Avg
12-Month CD
N/A
18-Month CD
N/A
24-Month CD
N/A
36-Month CD
N/A
48-Month CD
N/A
60-Month CD
N/A
Savings
N/A
MMA
N/A
30-Year Fixed
N/A
Credit Card
N/A
Personal Loan
N/A
Drake Bank
60 Plato Blvd E
Saint Paul, MN 55107
Member FDIC
MonitorBankRates' Rating
4/5
★★★★☆

Compare Drake Bank Rates with Other Competitive Bank and Credit Union Rates

Bank
Product
APY
Min Dep
Community Bank and Trust - West Georgia
Community Bank and Trust - West Georgia
12-Month CD
4.45%
$500
iGOBanking
iGOBanking
6-Month CD
4.25%
$1,000
Cross River Bank
Cross River Bank
6-Month CD
4.15%
$500
North Dallas Bank & Trust (NDBT)
North Dallas Bank & Trust (NDBT)
18-Month CD
4.15%
$1,000
Ally Bank
Ally Bank
6-Month CD
4.05%
$0
Ukrainian Selfreliance Federal Credit Union
Ukrainian Selfreliance Federal Credit Union
60-Month CD (My Choice)
4.02%
$500
Community Bank of Wichita
Community Bank of Wichita
36-Month CD
4.02%
$500
F&M Bank Miamisburg, OH
F&M Bank Miamisburg, OH
Kasasa Checking
4.00%
$0
Twin River Bank
Twin River Bank
18-Month CD
3.96%
$500
Home SB of Wapakoneta
Home SB of Wapakoneta
6-Month CD
3.75%
$1,000
First Commercial Bank, N.A.
First Commercial Bank, N.A.
12-Month CD
3.50%
$2,500
Centinel Bank of Taos
Centinel Bank of Taos
12-Month CD
3.45%
$1,000
Everence Trust Company
Everence Trust Company
36-Month CD
3.35%
$500
Financial Partners CU
Financial Partners CU
12-Month CD
3.25%
$1,000
Balboa Thrift and Loan Association
Balboa Thrift and Loan Association
48-Month CD (Jumbo)
3.25%
$10,000
Addition Financial Credit Union
Addition Financial Credit Union
48-Month CD
3.04%
$1,000
Primebank
Primebank
48-Month CD (Step Up)
3.00%
$1,000
SSB of Wanamingo
SSB of Wanamingo
24-Month CD
3.00%
$500
AAA Federal Credit Union
AAA Federal Credit Union
18-Month CD
2.95%
$500
FSB Louise, TX
FSB Louise, TX
48-Month CD
2.77%
$1,000
The Bank of Landisburg
The Bank of Landisburg
36-Month CD
2.57%
$1,000
State Bank of Medora
State Bank of Medora
36-Month CD
2.53%
$500
Lea County State Bank
Lea County State Bank
48-Month CD
2.53%
$1,000
Citizens State Bank Sheldon, IA
Citizens State Bank Sheldon, IA
60-Month CD
2.51%
$1,000
Campbell & Fetter Bank
Campbell & Fetter Bank
24-Month CD
2.27%
$1,000
First Citizens State Bank
First Citizens State Bank
12-Month CD
2.25%
$1,000
Wakefield Co-operative Bank
Wakefield Co-operative Bank
60-Month CD
2.15%
$500
Seasons Federal Credit Union
Seasons Federal Credit Union
48-Month CD
2.00%
$1,000
Merrimack County SB
Merrimack County SB
18-Month CD
2.00%
$500
Pittsfield Co-operative Bank
Pittsfield Co-operative Bank
60-Month CD
2.00%
$500
Pioneer Community Bank, Inc.
Pioneer Community Bank, Inc.
60-Month CD
1.81%
$1,000
First State Bank of Porter
First State Bank of Porter
24-Month CD
1.71%
$1,000
AAEC Credit Union
AAEC Credit Union
Share Savings
1.65%
$5
Gunnison S&L
Gunnison S&L
Money Market
1.36%
$1,000
RBT Rollstone B&T
RBT Rollstone B&T
48-Month CD
1.25%
$500
Kish Bank
Kish Bank
120-Month CD
1.15%
$2,000
Newtown Savings Bank
Newtown Savings Bank
12-Month CD
1.00%
$500
Cornerstone State Bank
Cornerstone State Bank
Savings
0.75%
$1
Bank of Kampsville
Bank of Kampsville
30-Month CD
0.75%
$1,000
Versailles S&L Co.
Versailles S&L Co.
36-Month CD
0.75%
$1,000
Fidelity Federal S&L of Delaware
Fidelity Federal S&L of Delaware
36-Month CD
0.55%
$500
National Bank of Coxsackie
National Bank of Coxsackie
48-Month CD
0.55%
$500
Chester National Bank
Chester National Bank
18-Month CD
0.50%
$500
Ambler Savings Bank
Ambler Savings Bank
Statement Savings
0.30%
$50
La Salle State Bank
La Salle State Bank
Statement Savings
0.15%
$10
Murphy-Wall State B&T Co.
Murphy-Wall State B&T Co.
Money Market
0.10%
$2,500
United States Senate Federal Credit Union
United States Senate Federal Credit Union
Primary Savings
0.10%
$5
First Nations Bank
First Nations Bank
24-Month CD
0.05%
$1,000
Greenfield Co-operative Bank
Greenfield Co-operative Bank
Savings
0.05%
$100
Cincinnatus S&L Co.
Cincinnatus S&L Co.
Statement Savings
0.05%
$100
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Mortgage Rates February 19, 2025

Lender
Product
Rate
APR
Points
3.990%
4.357%
0.750
4.250%
4.514%
0.750
4.500%
4.685%
0.750
5.125%
5.230%
0.000
5.560%
5.250%
0.000
15 Year Fixed
5.300%
5.390%
0.000
5.250%
5.491%
0.000
5.300%
5.518%
0.000
5.375%
5.525%
0.750
5.500%
5.614%
0.000
5.500%
5.654%
0.000
30-Year Fixed
5.560%
5.730%
0.000
5.750%
5.756%
0.000
15-Year Fixed
5.500%
5.785%
0.000
5.750%
5.793%
0.000
5.625%
5.797%
0.000
5.750%
5.801%
0.000
5.750%
5.801%
0.000
15-Year Fixed
5.750%
5.806%
0.000
10-Year Fixed (Power Rate)
5.500%
5.814%
0.000
5.500%
5.820%
0.000
5.750%
5.832%
0.000
Show More

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

Our apologies, we do not have Drake Bank rate data right now, check back for updates, we are adding rates all the time.

Drake Bank Information

Drake Bank
60 Plato Blvd E
Saint Paul, MN 55107
Ramsey
Established Date: 05/01/2002
FDIC Certificate #: 57336
Date of FDIC Deposit Insurance: 05/01/2002
Bank Holding Company: PLATO HOLDINGS INC
How Many Domestic U.S. Offices? 1
How Many Branches are There? 1
Is Drake Bank FDIC Insured? Yes
What is Drake Bank's Cert number? 57336
What is the maximum amount for insured deposits? $250,000 per holder, per account

Drake Bank Financials

Total Assets:
$238,919,000
Total Deposits:
$199,877,000
Equity Capital:
$18,467,000
Domestic Deposits:
$199,877,000
Net Income:
$252,000
Return on Assets:
0.3900%
Quarterly Return on Assets:
0.4200%
Pretax Return on Assets:
0.4249%
Pretax Quarterly Return on Assets:
0.4200%
Return on Equity:
5.4000%
Quarterly Return on Equity:
5.4900%
Leverage Tier 1 (Core Capital) Ratio:
10.1227%
Total Interest Income (YTD):
5.6418%
 
 
Headquarters:
Saint Paul
FDIC Field Office:
Minneapolis
Regulator:
FDIC
County:
Ramsey
# of Offices:
1
Metropolitan Statistical Area (MSA):
Minneapolis-St. Paul-Bloomington, MN-WI
Consolidated Metropolitan Statistical Area (CMSA):
OTS Region:
West
FDIC Region:
Kansas City
Source: FDIC Last Updated 03/31/2024

Explore Other Rate Deals

Citizens Trust Bank 2 Year CD rates are now at 0.20 percent with a yield of 0.20 percent. View current 2 Year CD rates at Citizens Trust Bank below.
Pinnacle Bank Mortgage RatesPinnacle Bank mortgage rates on fixed conforming loans are really competitive right now with low fees. 30 year mortgage rates at Pinnacle Bank are currently quoted at 4.75 percent with 1 mortgage point and only $898 in fees. Paying points up front allows a borrower to get a lower mortgage rate from Pinnacle Bank or other lenders. 15 year mortgage rates from Pinnacle Bank are quoted at 4.25 percent with the same points and fees as the bank's 30 year loan.
Credit Union of Colorado is advertising a Share Savings Account, a Holiday Savings Account and a Health Savings Account. The Share Savings and Holiday Savings accounts have a savings rate of 0.25 percent with an annual percentage  yield of 0.25 percent. The Health Savings Account (HSA) has the following savings rates.

Bank or Credit Union Offers and Deals

Mortgage Rates Weekly Report: Short Term and Long Term Mortgage Rates Increase - Bond Yields Up Substantially
Fed Wraps Up Meeting Today - Will Savings Rates Move Higher?
30 Year Mortgage Rates Finish 2012 Near Historic Lows
Mortgage Rates Hit New Record Low for 2011: 30 Year Mortgage Rates at 4.32%
Mortgage Rates Sharply Higher This Week as Fed's Fisher Talks of Ending Quantitative Easing
Mortgage Rates: Current Mortgage Rates Back Above 5.00%
Average Mortgage Rates Today Mixed: Current 15 Year Rates at 2.98%
Mortgage Rates Rise: 30 Year Mortgage Rates at 5.04%
Online Savings Account Rates January 6, 2013: Best Savings Rates at 1.00 Percent
Applied Bank 2 Month Jumbo CD Rates now at 0.05%

Alternative Bank and Credit Union Offers to Explore

Top 2 Year Jumbo Certificate of Deposit Rate at 1.43% APY
ETRADE Financial Online Savings Account with an Online Checking option
Highest Variable Deposit Rate Report August 14
Fixed Home Mortgage Rates Unchanged Freddie Mac: 30 Year Mortgage Rates at 4.37%, 15 Year Mortgage Rates at 3.82%
Mortgage Rates and Mortgage Applications Decline in MBA Survey
Morgage Basics: What you Should Know Before Buying a Home
Why Do Away with Freddie Mac and Fannie Mac? They are Finally Making Money Again
Where's My Stimulus Payment (Tax Rebate)?
Is Your Money Market Fund Safe?
Mortgage Rates Increase, Mortgage Applications Decrease, 30 Year Rates Near 5.00%

Drake Bank Reviews

There are no reviews for Drake Bank yet. Feel free to create one below.
Average Rating
☆☆☆☆☆
Total Reviews
0
Add Your Rating and Review for Drake Bank
Your Name:
Your Rating:

See how Drake Bank Compares to other banks