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This bank is insured by the Federal Deposit Insurance Corporation. The FDIC Certificate ID is 8537. Click on the Certificate ID # to confirm this bank’s FDIC coverage using the FDIC’s BankFind tool.
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FDIC-Insured – Backed by the full
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BankCherokee will be closed on Friday, November 11th in observance of Veterans Day. Any online transfer requested after 6 pm on Thursday, Nov. 10th will be processed on Monday, Nov. 14th. ACH Customers: since the Federal Reserve Bank is closed on Friday, any ACH file with an effective date of 11/11 will be processed on…
Effective Wednesday, September 7, 2022 We are happy to announce our Smith Avenue and Grand Avenue location lobbies will be open Monday – Friday 9am – 3pm and will accept appointments from 3pm – 5pm. North Oaks bank lobbies will remain appointment only at this time. If you need access to your safe deposit box,…
BankCherokee will be closed on Saturday, July 2nd and Monday, July 4th in observance of Independence Day. Any online transfer requested after 6 pm on Friday, July 1st will be processed on Tuesday, July 5th. ACH Customers: since the Federal Reserve Bank is closed on Monday, any ACH file with an effective date of 07/04…
BankCherokee will be closed on Monday, June 20th, in observance of Juneteenth, a Federal Holiday. June 19th marks the date in 1865 when federal troops arrived in Galveston, Texas to ensure the last enslaved people in the United States be set free, more than two years after President Lincoln signed the Emancipation Proclamation. Any online…
BankCherokee will be closed on Monday, May 30th in observance of Memorial Day. Any online transfer requested after 6 pm on Friday, May 27th will be processed on Tuesday, May 31st. ACH Customers: since the Federal Reserve Bank is closed on Monday, any ACH file with an effective date of 05/30 will be processed on…
Fact Roughly 20 percent of older Americans fall prey to financial exploitation losing on average $120,000, or $3 billion every year, according to a study from the AARP Public Policy Institute. Be on the Lookout for Elder Financial Abuse Scams It’s an all too unfortunate reality that older adults are attractive targets for financial…
Four Minnesota banks share with Minnesota Bankers Association (MBA) how they are helping fight food insecurity in their communities. BankCherokee has been busy in the fight against hunger. In March they hosted an all-branch food drive for both the Neighborhood House Food Shelf in St. Paul and Ralph Reeder Food Shelf in Mounds View. Twice…
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…
Lesson 4: Plan for the future Honeybees are planners. Everything they do prepares them for future events. The worker bees know that winter is coming so they collect pollen and produce honey so they won’t starve. The Queen knows that her job is to populate the hive so she efficiently mates just once leaving her…
