Cherokee State Bank

Overview / Commentary
212 West Willow Street
Cherokee, IA 51012

Cherokee State Bank is headquartered in Cherokee and is the 93rd largest bank in the state of Iowa. It is also the 2,630th largest bank in the nation. It was established in 1888 and as of December of 2018, it had grown to 30 employees at 1 location. Cherokee State Bank's CD rates are 56% higher than the national average, and it has a B health rating.


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #951
Year Established1888
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.46%
Return on Equity - YTD13.78%
Annual Interest Income$9.2MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$232.5MM$217.5MM
LoansQ4 2018vs Q4 2017$155.1MM$136.4MM
DepositsQ4 2018vs Q4 2017$191.7MM$172.0MM
Equity CapitalQ4 2018vs Q4 2017$24.2MM$23.7MM
Loan Loss AllowanceQ4 2018vs Q4 2017$1.9MM$1.8MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$3.8MM$955.00K
Real Estate OwnedQ4 2018vs Q4 2017$299.00K$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Cherokee State Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Cherokee State Bank Savings Account Rates

0.75%*$100k*-Health Savings Account
OTHER TIERS: 0.25% Up to $25k | 0.50% $25k - $100k
0.25%*$100k*-Regular Savings
OTHER TIERS: 0.05% Up to $25k | 0.15% $25k - $100k

Cherokee State Bank Checking Account Rates

OTHER TIERS: 0.05% $25k+
0.20%*$25k*-Premium Interest Checking
OTHER TIERS: 0.15% $1k - $25k

Cherokee State Bank CD Rates

2.40%$10k-19 Month CD Special
2.00%*$10k*-60 Month CD
OTHER TIERS: 1.60% $1k - $10k
2.00%*$10k*-48 Month CD
OTHER TIERS: 1.50% $1k - $10k
2.00%*$10k*-36 Month CD
OTHER TIERS: 1.40% $1k - $10k
1.70%*$10k*-24 Month CD
OTHER TIERS: 1.30% $1k - $10k
1.55%*$10k*-18 Month CD
OTHER TIERS: 1.20% $1k - $10k
1.40%*$10k*-12 Month CD
OTHER TIERS: 1.10% $1k - $10k
0.50%$1k-6 Month CD
0.35%$1k-3 Month CD

Cherokee State Bank IRA Rates

2.40%$10k-19 Month IRA Special
2.00%*$10k*-36 Month IRA
OTHER TIERS: 1.40% $1k - $10k
2.00%*$10k*-48 Month IRA
OTHER TIERS: 1.50% $1k - $10k
2.00%*$10k*-60 Month IRA
OTHER TIERS: 1.60% $1k - $10k
1.70%*$10k*-24 Month IRA
OTHER TIERS: 1.30% $1k - $10k
1.55%*$10k*-18 Month IRA
OTHER TIERS: 1.20% $1k - $10k
1.40%*$10k*-12 Month IRA
OTHER TIERS: 1.10% $1k - $10k
0.50%$1k-6 Month IRA
0.35%$1k-3 Month IRA

Cherokee State Bank Locations
Cherokee State Bank212 West Willow StreetCherokee, IA 51012

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.