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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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…
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…
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…
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…
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…
COVID-19
A message from Heidi Gesell – CEO of BankCherokee Dear Valued Customer: The health and well-being of our employees, our customers and our community is one of our primary concerns at BankCherokee. With the coronavirus (COVID-19) situation evolving rapidly, I want to assure you that we are taking extra precautions to protect our staff and…