Salazar Settlement

This is a reminder for Tribal members who are planning on cashing their Salazar settlement check at Eagle Bank. At this time, Eagle Bank will be the only reservation-based bank cashing large settlement checks for people who do not have an account. The bank is anticipating crowds and possible long waits on Wednesday, September 12, 13,14 and 15. Bank hours will be 9 a.m. to 5:30 p.m. Wednesday through Friday, and 9 a.m. to 1 p.m. Saturday. The drive through opens at 7:30 a.m. Due to required regulations, the bank doors will close at 5:30 and not allow any others into the lobby.

Many people have signed up for direct deposit by the August 22 deadline and many more have established new accounts at various banks, which takes some pressure off Eagle Bank, however, it’s very likely many more will need the services of Eagle Bank. Please plan for possible delays in cashing your check.

All check cashing will be done inside the lobby. The drive through window is reserved for account holders who are depositing their checks; those customers will be limited to a $1,000 withdraw during their deposit. (Greater withdraws must be done inside the lobby.) Two-party checks will not be accepted. You will need to be there in person to have your check cashed. Elders will be given priority and assistance. Eagle Bank is asking all patrons to be supportive of this approach.

Eagle Bank has asked everyone to be considerate of the increased security that will be on site for those days. The act of cashing large checks greater than $10,000 requires additional forms (Currency Transaction Report), which will slow the lines. Please remember to have with you at the time of check cashing the following: Current photo ID like a Tribal ID or driver’s license. Please be aware that additional information will be needed including your physical address, occupation, and social security number.

ATM cards will be available for accounts, providing access to your money easily and safely from loss. Remember, an ATM card can be replaced, but lost cash is lost forever. It’s never a good idea to carry around large sums of money.