Look somewhere else - Anonymous employee Drake Bank Employee Review

1.0
Sep 22, 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Low-stakes, slow moving, not a lot of tech integration which some employees prefer.

Cons

High-turnover rates among management and non management roles, toxic work environment, unclear path forward, poor handling and cancellation of loan programs designed for minority groups, and a herd mentality around the highest authority in the room. Super gray and surface-level credit monitoring and underwriting. Slow collecting financials. The new employee who was filling my position started 1-day before my last day and HR introduced that person to me and that new employee had no clue I was leaving the department prior to accepting their position. Same thing happened to me my first day too!

Explore other reviews about Drake Bank

5.0
Feb 4, 2024
Recommend
CEO approval
Business outlook

Pros

I love my job but it is too far from my home

Cons

I have no negatives to Report about my present job

5.0
Dec 9, 2017
Recommend
CEO approval
Business outlook

Pros

Drake Bank was earnestly focused on three things: profit, ethics, and culture. I saw all three of these things work together in an integrated and holistic way during lending transactions by taking deals that were profitable while simultaneously being responsible risks with shareholders' and depositors' money.

Cons

The only downside to working at Drake was that occasionally there was some lack to dissemination of information due to lender disorganization. However, this was fairly rare and easily resolved.

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