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 made this happen!
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Andy Gesell – 35 Years with BankCherokee
Cheers to 35 years! Happy work anniversary to our very own BankCherokee CEO, Andy Gesell! In November Andy celebrated 35 years with BankCherokee! That’s 35 years of supporting the local community, 35 years of helping small businesses and 35 years of building our BankCherokee team. Thank you Andy for your many years of service and…
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…
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…
Federal Holiday – Bank Closed Saturday, July 4
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.
BankCherokee Honored for Community Commitment
BankCherokee Honored for Community Commitment The Minnesota Bankers Association (MBA) has recognized 88 Minnesota banks for their community involvement. Banks play a vital role in their communities and to honor and recognize their involvement, the MBA created the Community Champion recognition program. BankCherokee is one of 88 Community Champions that have worked with hundreds of…
Your Access to Free Credit Reports
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…
