Not just a bank.
A partner in your mission.
Running a nonprofit means balancing your mission with the financial decisions that keep it moving forward. You deserve a banking team that understands both.
At BankCherokee, you’ll work with a dedicated nonprofit banking team who takes time to understand your organization, offer flexible support, and help you make the most of every dollar.
Meet the Team Behind Your Mission
Your financial needs are connected to everything your organization is working toward. That’s why we take the time to learn how your organization operates, where you’re headed, and what matters most along the way.
Our nonprofit banking team combines expertise in relationship banking, lending, cash management, and community involvement. We’re local, accessible, and committed to building long-term relationships with the organizations we serve.
More Value for Your Organization
Our nonprofit banking relationship comes with financial tools designed to support your day-to-day needs.
Eligible new Community Checking accounts can earn 3.00% APY for six months*. New clients also receive 50% off cash management service fees for six months.**
Here’s what sets us apart from other banks.
Local decision-making
BankCherokee has been rooted in Saint Paul for over 100 years. Our decisions are made here in the Twin Cities by people who understand the organizations and communities we serve.
Relationship-centered service
We take time to understand how your nonprofit operates, what you’re working toward, and where your banking relationship can make your job easier.
A team that shows up
Our commitment to nonprofits extends beyond banking. Our team serves as volunteers, board members, community partners, and supporters of local organizations.
Here for community. Here for good.
BankCherokee is the leading nonprofit banking partner in the Twin Cities. We’re proud to be a local, community‑rooted, relationship‑driven partner that understands nonprofit financial realities.
Let’s schedule a short chat to learn more about your organization’s needs.
Every nonprofit’s financial picture is different. Let’s start with a conversation about your mission, your priorities, and what you need from a banking partner.
Terms + Conditions Apply: Promotional offer is for a limited time only. Terms and conditions apply. BankCherokee reserves the right to modify or discontinue this offer at any time without notice. Member FDIC. Equal Housing Lender.
* Promotional Interest Rate:
3.00% Annual Percentage Yield (APY) for six (6) months from the date of qualifying deposit. Applies to new money (funds not currently on deposit with BankCherokee) with balances maintained of $100,000 or higher. Rate applies to the full balance. Rates effective starting May 15, 2026. During the 6-month promotional period, the applicable interest rate is based on the daily balance. Balances of $100,000 or more earn 3.00% APY; balances below $100,000 earn the standard tiered rate. Promotional 3.00% APY valid for new Community Checking Accounts opened between May 15, 2026 and December 31, 2026. After the promotional period, the standard variable APY applies and is subject to change at any time per BankCherokee’s discretion.
** Promotional Cash Management Discount:
New clients receive a 50% discount on cash management service fees for six (6) months from the activation date of each service, provided the service is enrolled within thirty (30) days of opening the new checking account. Fees are billed monthly at the end of each month. Following the applicable 6‑month promotional period, standard cash management fees will apply beginning with the next monthly billing cycle.
