CERTIFIED RESOLUTIONS


     The  undersigned  hereby  certifies that she is the duly elected  Assistant
Secretary of the  Monteagle  Funds (the "Trust") and that the Board of Trustees,
including a majority of the  Trustees  who are not  "interested  persons" of the
Trust,  adopted the  following  resolutions,  at a meeting at which a quorum was
present, on April 17, 2008:


          WHEREAS,  the  Trustees of the Trust,  including a majority of
          the Independent Trustees, have reviewed the amount, type, form
          and  coverage  of  the  Federal   Insurance   Company's  Asset
          Protection  Bond covering the Trust (the "Fidelity  Bond") and
          the premium charged for the Fidelity Bond; and

          WHEREAS,  the amount of coverage  under the  Fidelity  Bond is
          $525,000,  being equal to the minimum  amount of bond required
          by Rule 17g-1 promulgated under the Investment  Company Act of
          1940;

          NOW, THEREFORE,  BE IT RESOLVED,  that the amount,  type, form
          and coverage of the Fidelity Bond and the premium  charged for
          the Fidelity Bond are reasonable and the Fidelity Bond be, and
          it hereby is, ratified and approved; and it is

          FURTHER RESOLVED, that the Secretary or an Assistant Secretary
          of the  Trust  be,  and they  hereby  are,  designated  as the
          person(s)  who shall  make the  filings  and give the  notices
          required by paragraph (g) of Rule 17g-1; and it is

          FURTHER RESOLVED,  that the officers of the Trust be, and they
          hereby are,  authorized and directed to take any and all other
          actions deemed  necessary or  appropriate to effectuate  these
          resolutions.



Witness my hand this 17th day of April, 2008.


                                            /s/ Tina H. Bloom
                                            ----------------------------
                                            Tina H. Bloom
                                            Assistant Secretary