The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

From Q2 2025 to Q2 2026, the score rose 3 points (65 → 68), mostly because the capital cushion component improved by 19 points.

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Similar-size banks in Minnesota

Yes. BankCherokee is an FDIC-insured institution (FDIC certificate #8537). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 13.9% of deposits ($46.4M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 11.01%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 16.77% (benchmark: 10%).

Check how much of your own balance is covered

BankCherokee lists 3 offices in 3 cities. Most locations:

• North Oaks, MN (1)
• Saint Paul, MN (1)
• St. Paul, MN (1)

All branch addresses and map

In 2025, BankCherokee reported 26 home-loan applications under HMDA (LEI 254900WS1VXVLBPOY323): 24 originated ($8,700,000 total), 1 denied, and 0 withdrawn or closed by the applicant. Its denial rate on decided applications was 3.8%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Legal name

BankCherokee

Former names

Cherokee State Bank of St. Paul; Cherokee State Bank

Type

State-chartered bank

FDIC certificate #

8537

RSSD ID

748254

Primary regulator

FDIC

Holding company

Cherokee Bancshares Inc

Established

January 15, 1908

Headquarters

607 Smith Ave S, Saint Paul, MN 55107

Website

www.bankcherokee.com

Employees

56