Finance
The Confederated Tribes of Grand Ronde Finance Division is responsible for monitoring the financial management and accounting practices of the Tribe and Tribal entities.
Location & Contact:
9615 Grand Ronde Road, Grand Ronde, OR 97347
Phone: 503-879-5211
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The Confederated Tribes of Grand Ronde Finance Division is responsible for monitoring the financial management and accounting practices of the Tribe and Tribal entities.
This is done by developing relationships with other governmental agencies, banks and lending institutions, investment managers, and insurers. All aspects relating to budget, technology, insurance, purchasing, investments, and accounting are found within the Finance Division.
Per Capita Distribution
The Revenue Allocation Plan provides that Tribal Council, at its sole discretion, may authorize Per Capita payments in an equal amount to Tribal members on certain distribution dates. For legally competent members over the age of eighteen (18), any distributed funds are paid directly to the member.
Minors Trust Funds
If you are satisfied with your minor’s current investment option, you do not need to submit the election form.
If you wish to change the investment option you previously recommended or if your minor was enrolled as a member of the Tribe after May 20, 2019, please complete the attached Investment Risk Assessment Recommendation Form to recommend that the funds be invested in one of the investment options. One election form must be completed for each minor member. If the member has funds in both trusts, this election will apply to investments in both trusts.
Questions about Minors Trust Funds
If you have any questions, a member of the Tribe’s investment consulting team from Robert W. Baird & Co. will be available to answer your questions. To speak to a member of the investment consulting team, please contact the office of:
Joseph S. Hoon
877-792-3667
8 am - 5 pm
Monday - Friday
Please Note:
If you do decide to change your minor’s current investment option or you need to recommend a first time investment option for your newly enrolled minor, the Investment Recommendation Form must be received by the Member Services Department no later than 5:00 p.m. June 22nd, 2023.
If this form has not been received by that date, your minor’s funds will either remain in their currently invested option or be invested in the default option (Option 1 – Age Based Allocations).
The conversion for the new investment changes will begin June 23, 2023 and is scheduled to be completed by July 1st.
The next opportunity to change your investment election will be October 1, 2023.
Please contact the Member Services Department directly at 800-422-0232, if you have any questions relating to this change.
Tribal Member Loan Program
Tribal Council approved the Tribal Member Loan Program for Tribal members to obtain a loan for personal reasons starting March 8th, 2021. Loans will be issued in any amount up to $3,000.00. Tribal members must complete and submit a loan application to the Finance Department. The Finance Department will time and date stamp the applications upon submission and provide a copy to the applicant. Loans will be processed on a first come first serve basis. Loans are subject to available funding.
Tribal Council approved the Tribal Member Loan Program for Tribal members to obtain a loan for personal reasons starting March 8th, 2021. Loans will be issued in any amount up to $3,000.00. Tribal members must complete and submit a loan application to the Finance Department. The Finance Department will time and date stamp the applications upon submission and provide a copy to the applicant. Loans will be processed on a first come first serve basis. Loans are subject to available funding.
- Applicants will not be eligible for a new loan for six (6) months from final debt payment if previous loan went into official default.
- New loans cannot be open unless a current loan is paid off.
Tribal members are eligible if the member is over 18 years of age and doesn’t owe any outstanding debt to the tribe or tribal entity and is not under investigation of fraud involving the Tribe. Upon the Finance Officer’s approval of the loan application, Finance will contact applicants to sign a Loan Agreement form. The Loan Agreement form will establish the amount of the loan, interest rate, terms, fees (if applicable), delinquent account procedures, origination and maturity date of the loan. If a loan application is denied for any reason the application will be returned to the applicant with a letter explaining the reason for denial. Applicants may appeal a denied application to the Executive Team per the Tribal Member Loan Policy.
Loan checks will be mailed to the approved Tribal member once the Loan Agreement has been completed. Loan payments are due to the Finance Department starting the month after the loan is received. Payments may be made to the Finance department in the form of check, money order, or cash. Early payoff of the loan is available. An early payoff amount may be obtained by contacting the program representative. There will be a $10 late fee for payments not received on or by the due date specified in the loan agreement.
If a loan payment is not received for two consecutive months a notice of default will be sent to the Tribal member. The Tribal member will have one month to bring the account current before the loan is considered in default. Loans in default will be collected according to the Tribe’s Debt Collection Ordinance.
ELIGIBILITY REQUIREMENTS
- Applicant must be an enrolled member of the Confederated Tribes of Grand Ronde.
- Applicant must be 18 years of age or older.
- Applicant must not owe any debt to the Tribe or any Tribal entity.
- Applicant must not be under investigation of fraud involving the Tribe.
- Power of Attorney will NOT be accepted for the purposes of this program.
Only one loan is allowed per Tribal member. - Loans are processed on a first come, first serve basis.
- Incomplete loan applications will be denied.
- Upon submission of this application, CTGR Finance will provide a ate and time stamped copy of the application to the applicant.