Rush to Cash Checks Collapses SD Bank Floor

Macro of Blank Check

 

LOWER BRULE, S.D. (AP) – Officials say the floor of a bank on the Lower Brule Indian Reservation in central South Dakota collapsed after tribal members rushed to the business to cash about $6 million in trust settlement checks. The Daily Republic reports the floor of bank dropped 2 feet Tuesday. No one was injured but the bank is closed indefinitely. The Lower Brule Tribe began issuing $750 checks to about 3,800 members on Tuesday as part of a settlement with the federal government over the abuse and mishandling of tribal assets. The Crow Creek Tribe in nearby Fort Thompson started issuing $800 checks to about 4,000 tribal members on Monday. Tribal officials say banks in Chamberlain and Pierre will have to be used until a bank resumes service in Lower Brule.


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2 Comments

  1. Curius Reply

    Any idea when Eagle Butte will be getting their checks?


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