Apr 19, 2019 | Congressional Legislation, News, Tribal Sovereignty
← Previous Article Next Article → Earlier this week, the U.S. Department of Treasury released a second tranche of highly anticipated regulations on opportunity zones. The new regulations are meant to provide guidance and answers to the many questions that...
Apr 18, 2019 | Federal Regulation, News
← Previous Article Next Article → In her first public speech as director of the Consumer Financial Protection Bureau (CFPB), Kathy Kranigner outlined her vision for the federal agency, announcing that the CFPB would focus on preventing consumer harm and...
Apr 17, 2019 | Federal Regulation, FinTech, News
← Previous Article Next Article → According to Politico, the Office of the Comptroller of the Currency (OCC) and Avant, an online lender, are in high-level discussions regarding the federal agency’s fintech charter. Barring any mishaps, Avant is likely to be...
Apr 16, 2019 | Congressional Legislation, News, Tribal Sovereignty
← Previous Article Next Article → In its Annual Performance Report, the Small Business Administration (SBA) announced that to cover the costs of its 7(a) loan guaranty program, SBA would either have to raise fees or it would need an additional $99 million...
Apr 15, 2019 | Financial Literacy, News
← Previous Article Next Article → Investments can be a great way to grow your hard-earned money over time. For many people, the idea of investing is both exciting and daunting. In this post, the Native American Financial Services Association (NAFSA) will...
Apr 12, 2019 | Banks & Credit Unions, News, Online Lending
← Previous Article Next Article → The American Bankers Association (ABA) released new data yesterday covering loan delinquencies. Most closed-end loans saw a fall in delinquencies in the fourth quarter of 2018 while most open-ended loans saw a small...
Apr 12, 2019 | Federal Regulation, News
← Previous Article Next Article → Kathy Kraninger, director of the Consumer Financial Protection Bureau (CFPB), was recently named chairman of the Federal Financial Institutions Examination Council (FFIEC), an interagency governmental body that is...
Apr 11, 2019 | Banks & Credit Unions, News, Tribal Sovereignty
← Previous Article Next Article → Native credit unions, especially those that are certified as community development financial institutions (CDFIs), “offer the broadest array of products and services focused on the individual needs of low-income and...
Apr 9, 2019 | Banks & Credit Unions, News, Online Lending
← Previous Article Next Article → Banking deserts may not be as big of a problem as typically reported, according to a new study by the Bank Policy Institute (BPI). “Our results indicate that almost every statement made thus far about banking deserts and on...
Apr 8, 2019 | Financial Literacy, News
← Previous Article Next Article → April is Financial Literacy Month, a great time to hone your financial wellness and an opportunity to reassess your savings goals. A lack of sufficient savings is a problem for many people in the United States. According to...