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…

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…

It has been over three months since we closed our lobbies to our customers and asked most of our employees to work from home.  Now, as Minnesota begins to gradually reopen, we are also preparing to re-open most of our lobbies, beginning June 29.  We want you to know that the safety, health and well-being…

Time To Check Your Credit Report. The Fair Credit Reporting Act (FCRA) requires each of the nationwide consumer reporting companies – Equifax, Experian, and TransUnion – to provide you with a free copy of your credit report, at your request, once every 12 months. The FCRA promotes the accuracy and privacy of information in the…

In honor of the federal holiday, all BankCherokee branches will be closed on Monday, February 16. We’ll be back to serve you with regular business hours on Tuesday, February 17. Important Processing Information:

An analysis of call report data from FDIC-insured banks finds that community banks are playing a vital role in supporting small businesses through the Small Business Administration’s Paycheck Protection Program (PPP). Community banks hold nearly a third of all bank-held PPP loans, compared to holding only 15 percent of all bank loans, according to a…