Cherokee Strip Credit Union

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

cherokeestrip.com

580-718-4000

1508 E Prospect Ave
Ponca City, OK 74604

Cherokee Strip Credit Union is headquartered in Ponca City and is the 27^th largest credit union in the state of Oklahoma. It is also the 1,807^th largest credit union in the nation. It was established in 1933 and as of March of 2025, it had grown to 33 employees and 8,999 members at 3 locations. Cherokee Strip Credit Union's money market rates are 7X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Cherokee Strip Credit Union is open to anyone who lives, works, or worships in Oklahoma through membership in the Oklahoma Consumer Council. Employees/retirees of more than 100 SEGs are also eligible to join, as are active and retired employees of Cherokee Strip Credit Union. Immediate family members of a Cherokee Strip Credit Union member qualify for membership.
See current membership details

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Health

B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #	64281
Year Chartered	1933
Employees	33
Primary Regulator

Profit Margin
Return on Assets - YTD	-1.23%
Return on Equity - YTD	-13%
Annual Interest Income	$1.6MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$102.9MM$106.3MM
Loans	Q1 2025vs Q1 2024	$73.6MM$79.5MM
Deposits	Q1 2025vs Q1 2024	$91.1MM$94.7MM
Equity Capital	Q1 2025vs Q1 2024	$9.7MM$10.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$1.2MM$1.7MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$145K$783K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
CD

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

Cherokee Strip Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.04%	$0	-	Secondary Savings
0.04%	$0	-	Christmas Club Account

Cherokee Strip Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.09%^*	$25k^*	$250k	Prime Money Market Account
OTHER TIERS: 0.40% → $0 - $25k \| 1.82% → $1m+ \| 2.32% → $500k - $1m \| 2.58% → $250k - $500k

Cherokee Strip Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.30%	$500	-	6 Month Certificate
2.02%	$500	-	1 Year Certificate
1.26%	$500	-	18 Month Certificate
1.00%	$500	-	2 Year Certificate
0.75%	$500	-	3 Year Certificate
0.50%	$500	-	5 Year Certificate

Locations

Cherokee Strip Credit Union Locations
Branch Office	1508 W Hartford Ave	Ponca City, OK 74601
Branch Office	1508 E Prospect Ave	Ponca City, OK 74604-1909
Branch Office	108 S Main St	Newkirk, OK 74647-4512

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