A change in 'per-caps'
POLSON — During the next per-capita
disbursements, there will be some changes that tribal members on the
reservation need to know about.
The Confederated Salish and Kootenai Tribes are
switching accounts from Ronan Community Bank to the Tribe’s
venture Eagle Bank, which is based in Polson.
This means that people cashing their checks at
Community Bank will no longer be offered the free check-cashing service
and may be issued a minimal fee.
It is often the practice of banks to charge a fee
for cashing a check when either the check is not issued by that bank or
when the check casher does not have an account with the bank.
If people want to retain the free check cashing
service at Ronan Community bank, they are free to open an account to
qualify for that service. As Tribal members, CSKT would hope that
tribal members utilize Eagle Bank as much as possible.
Eagle Bank is located at the entrance to Wal-Mart
and across from Wheat Montana. Lobby hours are from 9 a.m to 4 p.m.,
Monday through Friday; drive-through hours are from 7:30 a.m. to 5:30
p.m. Monday through Thurdsay, 7:30 a.m to 6 pm on Friday and 9 a.m. to
1 p.m. on Saturday.
The
Per-capita Myth
A common misconception about CSKT’s
per-capita disbursements is that the money comes from the federal or
state government.
Per-capita disbursements are each individual
tribal members' share of the profits made by the tribal organization
and it’s many business ventures.
It is true that a number of tribal programs
receive federal and state funding; however, none of this 'tax-payer'
money is deposited into the per-capita coffers.
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