BankCherokee


Overview / Commentary
651-227-7071
607 South Smith Avenue
Saint Paul, MN 55107

BankCherokee is headquartered in SAINT PAUL and is the 61st largest bank in the state of Minnesota. It is also the 2,093rd largest bank in the nation. It was established in 1908 and as of March of 2025, it had grown to 62 employees at 3 locations. BankCherokee has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #8537
Year Established1908
Employees62
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.31%
Return on Equity - YTD4.19%
Annual Interest Income$4.3MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$398.3MM$378.9MM
LoansQ1 2025vs Q1 2024$254.1MM$230.7MM
DepositsQ1 2025vs Q1 2024$338.4MM$341.4MM
Equity CapitalQ1 2025vs Q1 2024$29.5MM$25.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$3.4MM$3.3MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$408K$230K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for BankCherokee are currently being reviewed.

Locations


BankCherokee Locations
Bankcherokee607 Smith Ave SSaint Paul, MN 55107
Grand Avenue Branch985 Grand AvenueSt. Paul, MN 55105
North Oaks Branch999 Village Center DriveNorth Oaks, MN 55127

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