Thank you!

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…

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…

One Time Passwords are replacing Security Challenge questions on Wednesday, August 3rd at 10:00 AM Central Time. We are adding additional security to Cherokee Online banking by implementing One Time Passwords (OTP). Once enrolled, you will no longer be asked Security Challenge questions. When a new device is detected or our system detects suspicious activity,…

Effective Monday, May 2, 2022 To support our team and customers Smith Avenue and North Oaks bank lobbies will move to appointment only. If you need access to your safe deposit box, have a business banking transaction, or need to meet with a banker please call us at 651-225-6299 or schedule an appointment online. Our…

BankCherokee will be closed on Saturday, November 11th in observance of Veterans Day. Thank you to our veterans! We would like to honor our Veterans and Service Members at BankCherokee and thank them for their service! We are very fortunate to have them on our BankCherokee Team. Patrick Morris – Field Artillery Officer, KS Army…

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…