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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.
EDIE
EDIE lets consumers and bankers know, on a per-bank basis, how the insurance rules and limits apply to a depositor’s accounts-what’s insured and what portion (if any) exceeds coverage limits at that bank. Check your deposit insurance coverage >>
FDIC-Insured – Backed by the full
faith and credit of the U.S. Government
As your local community bank, it’s important to us that we know the ins and outs of banking to get you the financial support you need. For Christine Young, Senior Vice President SBA Lending Manager, helping customers get the solutions they need is what matters most. From customer service to operations and lending, Christine started her…
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…
BankCherokee will be closed on Thursday, November 25th in observance of Thanksgiving. Any online transfer requested after 6 pm on Wednesday, November 23rd, will be processed on Friday, November 25th. ACH Customers: since the Federal Reserve Bank is closed on Thursday, any ACH file with an effective date of 11/24 will be processed on 11/25….
Want to help charities that support servicemembers and veterans? Around Veterans Day, charity scammers seek to take advantage of your generosity. They contact you about fake veteran and military causes, tugging at your heart strings — and grabbing for your wallet. A little research will help you spot these charity scams and make sure your donations…
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…
BankCherokee will be closed on Monday, October 10 in observance of the Federal Holiday. Any online transfer requested after 6 pm on Friday, October 7, will be processed on Tuesday, October 11. ACH Customers: since the Federal Reserve Bank will be closed on Monday, any ACH file with an effective date of 10/10 will be…
Scammers are calling people and using the names of two companies everyone knows, Apple and Amazon, to rip people off. Here’s what you need to know about these calls. In one version of the scam, you get a call and a recorded message that says it’s Amazon. The message says there’s something wrong with your…
With mortgage interest rates on the rise, is buying a home still better than renting? Are you nervous about rising rates and prices? Jonathan Kvasnik, ChFC of Cherokee Investment Services, shares his thoughts with Rena Sargianopoulos on the Chad Hartman show on WCCO radio.
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,…
Money News with John Hines from WCCO Radio: Listen to John Hines with WCCO Radio and Jonathan Kvasnik with Cherokee Investment Services and BankCherokee as they sort through the clutter to discuss credit card debt, inflation, savings and more.
