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BankCherokee
✓ FDIC-insured · Active FDIC Certificate #8537
BankCherokee is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Saint Paul, Minnesota, established in 1908. As of the 06/30/2026 FDIC call report, it reported $402M in total assets and $333M in deposits. FDIC location data lists 3 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company CHEROKEE BANCSHARES INC (Saint Paul, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 3 of BankCherokee's FDIC-listed offices are in Minnesota. Browse banks in Saint Paul for other local options.
Branch locations
| BankCherokee Grand Avenue Branch · Full Service - Brick And Mortar | 985 Grand Ave St. Paul, MN 55105 Map ↗ |
| BankCherokee North Oaks Branch · Full Service - Brick And Mortar | 999 Village Center Dr North Oaks, MN 55127 Map ↗ |
| BankCherokee Bankcherokee · Full Service - Brick And Mortar | 607 Smith Ave S Saint Paul, MN 55107 Map ↗ |
Holding company: CHEROKEE BANCSHARES INC
The FDIC lists CHEROKEE BANCSHARES INC, based in Saint Paul, MN, as the top holding company for BankCherokee. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Minnesota
Active FDIC-insured banks headquartered in Minnesota with total assets closest to BankCherokee's $402M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| First State Bank and Trust | Bayport | $499M | 4 |
| First Farmers & Merchants Bank | Cannon Falls | $486M | 7 |
| American National Bank of Minnesota | Baxter | $473M | 10 |
| Northview Bank | Sandstone | $470M | 12 |
| Sterling State Bank | Austin | $462M | 6 |
| Kensington Bank | Kensington | $447M | 7 |
| Star Bank | Maple Lake | $446M | 11 |
| First National Bank Minnesota | Saint Peter | $438M | 4 |
BankCherokee: common questions
Is BankCherokee FDIC-insured?
Yes. BankCherokee is an active FDIC-insured institution, FDIC Certificate #8537. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is BankCherokee headquartered?
BankCherokee is headquartered at 607 Smith Ave S, Saint Paul, MN 55107, according to FDIC records.
How many branches does BankCherokee have?
FDIC location data lists 3 offices for BankCherokee, all in Minnesota.
Who owns BankCherokee?
The FDIC lists CHEROKEE BANCSHARES INC of Saint Paul, MN as the top holding company for BankCherokee.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.