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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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…
PPP Loan Forgiveness
Paycheck Protection Program – Loan Forgiveness We are currently accepting applications for the forgiveness of PPP loans made by BankCherokee. Typically, PPP borrowers have 16 months after first receiving funds before loan payments begin. Accordingly, first round PPP borrowers will be required to start making loan payments as early as August of 2021. We are…
Understanding FDIC Insurance
As a community bank, BankCherokee remains well-capitalized and well-positioned to continue to serve our customers and community. We were chartered 115 years ago and expect to serve this community for generations to come. As a community bank customer, you have access to our experienced team, and we stand ready to assist you at all times…
BankCherokee featured in MBA Magazine.
Four Minnesota banks share with Minnesota Bankers Association (MBA) how they are helping fight food insecurity in their communities. BankCherokee has been busy in the fight against hunger. In March they hosted an all-branch food drive for both the Neighborhood House Food Shelf in St. Paul and Ralph Reeder Food Shelf in Mounds View. Twice…
Traveling? Make Sure to Let Us Know.
Avoid card interruptions while traveling by letting us know your travel dates prior to your trip by calling 651.225.6299 or use our mobile app. Our fraud detection system looks for unusual or suspicious transactions that fall outside your normal pattern of card usage. If you let us know you’re traveling, we will know it’s you…
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…
