Our Resources
A Digital Financial Literacy Program
Too many consumers mismanage their budgets, make uninformed investment decisions, and fail to properly plan for the future. NAFSA is committed to empowering people with the skills they need to change this trend and thrive financially. NAFSA’s Financial Literacy Program offers an assortment of digital modules covering a wide variety of financial topics, including building emergency savings, mortgage education, and retirement planning.
Tribal Online Lending Best Practices
NAFSA has developed Best Practices for the exclusive use of all NAFSA Members as it relates to their Tribal Online Lending businesses. We believe these Best Practices will help ensure consumer protection, quality service, and positive customer and industry interactions during the life of the loans made by tribal lending entities who are NAFSA members. Our Best Practices apply to all stages of the loan, including marketing, origination, servicing, collecting, and ongoing data privacy.
The Latest Financial News
Banks Closed More Branches Than Were Opened in 2019
Last year, according to the Branch Banking 2020 Research Report released by JLL, banks closed 3,164 branches in the United States, 56 percent of which were by the 25 largest banks in America. Meanwhile, 1,481 branches were opened, roughly 80% of which were by...
CFPB Denies Habematolel Pomo of Upper Lake Petition to Dismiss Civil Investigative Demands
Last month, the Consumer Financial Protection Bureau (CFPB) denied a petition filed by companies owned by the Habematolel Pomo of Upper Lake Indian Tribe seeking to set aside civil investigative demands (CIDs) issued in October 2019. Specifically, the companies...
Survey Finds that More Than Half of Consumers Would Prefer Fintechs over Traditional Banks
Ondot Systems, a California-based fintech company, recently released findings from a Harris Poll survey indicating that consumers are increasingly willing to try fintech companies over traditional banks and credit unions. As banks continue to collaborate with fintech...