In observance of the federal holiday, our Grand Avenue drive-thru will be closed on Saturday, July 4. Please note our other locations are not open on Saturdays. All branches will resume regular business hours on Monday, July 6.
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New Report Highlights the Contributions of Community Banks to the Paycheck Protection Program
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BankCherokee and NeighborWorks Home Partners
Ensuring Local Communities Have Access to Housing Resources Since NeighborWorks Home Partners (NWHP) launched in Minnesota in 1981—initially as Community Neighborhood Housing Services—BankCherokee has been a dedicated community partner. The bank provides support to the organization to help ensure Twin Cities residents have access to the funding and education needed to purchase or stay in…
2021 Readers’ Choice Awards Best Bank/Financial Institution
BankCherokee was voted the Best Bank/Financial Institution by voters in the Readers Choice 2021 Shoreview Best of the Press! Thank you to all the readers of the Shoreview Press – this is a great honor. We would also like to thank our BankCherokee Team for making this possible. Their excellent service & strong business relationships…
Commercial Loans – Top 8 things to do in a rising interest rate environment
Author Bryan Frandrup is Chief Lending Officer at BankCherokee in St. Paul. Contact Bryan at bfrandrup@bankcherokee.com or 651-291-6208 with any questions or comments. We are currently experiencing a rapidly changing interest rate environment. With the recent Fed rate changes, this marks the fastest pace of rate hikes since the 1980s. Higher interest rates mean higher…
The High Bridge Money Market Account
Introducing…The High Bridge Aim high with our high-yield money market account. High-yield savings account with complete liquidity. Variable interest on your entire balance. Minimum Opening Deposit $25,000 (New Money Only – funds not currently on deposit with BankCherokee) Minimum Balance / Requirements $25,000 daily ledger balance Monthly Maintenance Charge None, or $15 per month if…
BankCherokee Honored for Community Commitment
BankCherokee Honored for Community Commitment The Minnesota Bankers Association (MBA) has recognized 88 Minnesota banks for their community involvement. Banks play a vital role in their communities and to honor and recognize their involvement, the MBA created the Community Champion recognition program. BankCherokee is one of 88 Community Champions that have worked with hundreds of…
