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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
faith and credit of the U.S. Government
New easier to read statements with added benefits. We are excited to introduce you to your new, easier to read account statements. We hope you enjoy the added benefits these statements offer. Thank you for banking with BankCherokee. Benefits: New, easy to read design. Statements are in color. Includes additional information to keep you informed…
Villager Newspaper Article Bonnie Alton considers herself one of the lucky ones. The owner of Great Harvest Bread Company, 534 Selby Ave., Alton was able to secure a Paycheck Protection Program (PPP) loan from the U.S. Small Business Administration before the federal program ran out of money and was temporarily suspended on April 17. The…
Introducing Fueled by Purpose micro-grants. Every week through June, a $500 grant will be given to a female-founded small business in need. In response to the global health crisis, My Founders Story is partnering with BankCherokee to launch Fueled by Purpose micro grants. Every week through June, we will award a $500 grant to a…
Resources for workers and employers In order to slow the spread of the COVID-19 virus, Governor Walz announced the temporary closure of Minnesota restaurants and bars to dine-in customers as well as the closure of other places of public accommodation and amusement. This order is effective March 17th at 5:00 p.m. until March 27 at…
A message from Heidi Gesell – CEO of BankCherokee Dear Valued Customer: The health and well-being of our employees, our customers and our community is one of our primary concerns at BankCherokee. With the coronavirus (COVID-19) situation evolving rapidly, I want to assure you that we are taking extra precautions to protect our staff and…
Lesson 2: Tell your friends When honeybees find a good source of nectar they go back to the hive and tell all their friends. They even have an elaborate dance that tells the other bees exactly where to find that good nectar. The better the food source, the more enthusiastic the dance. We won’t make…
Lesson 1: Clean and efficient Did you know that honeybees are neat freaks? One of the most important jobs for worker bees is keeping the hive clean. The queen even does spot checks and calls for a second cleaning if a cell is not immaculate. Not only are hives spotless, their storage system is very…
Ensuring Local Communities Have Access to Housing Resources Since NeighborWorks Home Partners (NWHP) launched in Minnesota in 1981—initially as Community Neighborhood Housing Services—BankCherokee has been a dedicated community partner. The bank provides support to the organization to help ensure Twin Cities residents have access to the funding and education needed to purchase or stay in…
BankCherokee Partners with Steller Kindness Project to Support the Homeless “The time is always right to do what is right.” -Martin Luther King Jr. Twenty-five years ago, the third Monday of January was designated as an annual federal holiday to honor the life and legacy of Civil Rights Leader Martin Luther King, Jr. While it…
Here’s a synopsis of a simple, but effective, approach to budgeting. For many people, getting better at budgeting is near the top of their New Year’s resolutions list. However, developing and sticking to a budget isn’t always a simple task. Creating complicated spreadsheets, learning budgeting software and dealing with spending restrictions — all of these…
