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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Upcoming System Upgrade: What to Expect
At BankCherokee, we’re always looking for ways to strengthen the banking experience we provide—making it more reliable, secure, and consistent for you. As part of that commitment, we’re transitioning to an enhanced processing model supported by our trusted core provider. While some of the technology behind the scenes is evolving, what won’t change is our…
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…
The Worst Decisions a Business Leader Can Make
Delving into the Way Decisions Are Made Business leaders must make many decisions on a daily basis. They often must choose between seemingly trivial options based on strategy, personal preference and, often, a gut feeling for what is right. Occasionally, one of these decisions backfires in a big way. Therefore, it’s a good idea to…
ICBA and BankCherokee: Community Banks Create Stronger Communities
In honor of Community Banking Month in April, BankCherokee and the Independent Community Bankers of America (ICBA) are shining a spotlight on community bank efforts to create economic prosperity for Americans in urban, suburban, and rural communities nationwide. “As a local lender vested in the success of our customers and community, we apply our knowledge…
Memorial Day – bank closed May 27th & 29th
BankCherokee will be closed on Saturday, May 27th and Monday, May 29th in observance of Memorial Day weekend, a time to remember and honor those that have served. Online transfer requests after 6 pm on Friday, May 26th will be processed on Tuesday, May 30th. ACH Customers: since the Federal Reserve Bank is closed on…
Check Card After Hours Fraud Monitoring
Protecting Your Accounts. BankCherokee has partnered with our Check Card issuer, Fiserv EFT, to provide after-hours fraud monitoring. In certain instances, Fiserv EFT may contact you to discuss card activity in order to determine if it is legitimate or if the card has been compromised. If contact is made with an answering machine or another…
