Title
A RESOLUTION AUTHORIZING FINANCIAL DEPOSITORIES FOR CHEROKEE NATION
Body
WHEREAS, the Cherokee Nation since time immemorial has exercised the sovereign rights of self-government in behalf of the Cherokee people;
WHEREAS, the Cherokee Nation is a federally recognized Indian Nation with a historic and continual government to government relationship with the United States of America;
WHEREAS, the Cherokee Nation Constitution, Article 10 §9 and Cherokee Nation Code Annotated, Title 62 §21 et seq. provides requirements for the approval of a principal depository and subsidiary depositories for Cherokee Nation;
WHEREAS, there is a need to update, authorize and affirm the following financial institutions as depositories and subsidiary depositories for the Cherokee Nation
Principal Depository:
Bank of America Tahlequah, Oklahoma
(Originally First National Bank & then subsequent successor banks)
Subsidiary Depositories:
BancFirst Tahlequah, Oklahoma
BancFirst Stillwater, Oklahoma
Bank of Commerce Stilwell, Oklahoma
Bank of Oklahoma Tulsa, Oklahoma
JP Morgan Chase (formerly Bank One) Tulsa, Oklahoma
Delaware County Bank Jay, Oklahoma
First National Bank Nowata, Oklahoma
First National Bank Sallisaw, Oklahoma
First National Bank of Muskogee Muskogee, Oklahoma
First State Bank Tahlequah, Oklahoma
Merrill Lynch Tulsa, Oklahoma
National Bank of Sallisaw Sallisaw, Oklahoma
Salomon-Smith Barney Tulsa, Oklahoma
Arvest Bank Tulsa, Oklahoma
Wilmington Trust of Delaware Wilmington, Delaware
Oklahoma State Bank Vinita, Oklahoma
Lehman Brothers Los Angeles, California
Armstrong Bank Tahlequah, Oklahoma
American Bank Collinsville, Oklahoma
Bank of Commerce Adair, Oklahoma
Citizens Security Bank Muskogee, Oklahoma
First Pryority Bank Pryor, Oklahoma
Bank Two Oklahoma City, Oklahoma
Native American Bank Denver, Colorado
RCB Bank Claremore, Oklahoma
Grand Savings Bank Grove, Oklahoma
BE IT RESOLVED BY THE CHEROKEE NATION, that the above named financial institutions are hereby authorized, and the Principal Chief and/or his designee is authorized to sign required documents necessary to execute documents and transactions related hereto.