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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Mobile Deposit Endorsement
Help us fight check fraud. For checks deposited through our mobile app, please endorse the check with your signature and “For Mobile Deposit Only BankCherokee.” Why is this change being made? The Federal Reserve changed the endorsement requirement for checks being deposited via mobile devices. The change aims to protect banks from fraud, which can…
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…
Lost or Stolen Credit, ATM, and Debit Cards
The following article can be found on the Federal Trade Commission website. If your credit, ATM, or debit card is lost or stolen, federal law limits your liability for charges made without your permission, but your protection depends on the type of card — and when you report the loss. Report Loss Or Theft Immediately…
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…
Introducing your new statement!
New easier to read statements with added benefits. We are excited to introduce you to your new, easier to read account statements. We hope you enjoy the added benefits these statements offer. Thank you for banking with BankCherokee. Benefits: New, easy to read design. Statements are in color. Includes additional information to keep you informed…
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…
