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File #: 09-006    Version: 1 Name: N/A
Type: Resolution Status: Passed
File created: 2/5/2009 In control: EXECUTIVE AND FINANCE COMMITTEE
On agenda: 2/5/2009 Final action: 2/17/2009
Enactment date: 2/17/2009 Enactment #: R-14-09
Title: A RESOLUTION AUTHORIZING FINANCIAL DEPOSITORIES FOR CHEROKEE NATION
Sponsors: Jack D. Baker
Indexes: Financial Depositories
Code sections: N/A - Not Applicable
Attachments: 1. R-14-09
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
Wells Fargo Bank                                    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.