Money News with John Hines from WCCO Radio:
Listen to John Hines with WCCO Radio and Jonathan Kvasnik with Cherokee Investment Services and BankCherokee as they sort through the clutter to discuss credit card debt, inflation, savings and more.
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Randolph Branch Permanently Closing
After significant consideration, we have made the decision to permanently close the BankCherokee branch located at 675 Randolph Avenue, effective at the end of business day May 14, 2021. We look forward to serving our Randolph customers at one of our other Saint Paul branches located just two miles from the Randolph branch. The addresses…
SBA Paycheck Protection Program offers a lifeline to small businesses in the area
Villager Newspaper Article Bonnie Alton considers herself one of the lucky ones. The owner of Great Harvest Bread Company, 534 Selby Ave., Alton was able to secure a Paycheck Protection Program (PPP) loan from the U.S. Small Business Administration before the federal program ran out of money and was temporarily suspended on April 17. The…
Preparing Your Business for the End of the Penny
Preparing Your Business for the End of the Penny Why the U.S. penny is going away and what it means for you For more than two centuries, the U.S. penny has quietly done its job: sitting in cash drawers, jingling in pockets, and collecting in jars on kitchen counters. But that era is coming to…
Washington Proposes IRS Bank Account Reporting
We care about you, your finances, and your account with us, so we want to let you know about a concerning proposal taking shape in Washington, D.C. If passed, the proposal would require financial institutions like ours to report a larger range of information about your account to the IRS. This new reporting plan could…
Mobile Security
The most important step in Mobile Banking security is treating your mobile device like a portable computer. A few common-sense precautions will help protect you from fraud and I.D. Theft: Set the phone to require a password to power on the handset or awake it from sleep mode. If it’s lost or stolen any personal…
Spring/Summer HELOC Special
A smarter way to put your home’s equity to work. Whether you’re consolidating debt, investing, or tackling a home project, a Home Equity Line of Credit (HELOC) from BankCherokee can help. Enjoy a 5.25% introductory APR for 9 months when you apply for a HELOC up to 80% loan‑to‑value.* Call 651.227.7071 or connect with a…
