New Report: Native Credit Unions Provide Needed Services for Tribal Communities
← 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...
Banking Deserts: Fact or Fiction?
← 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...
The Importance of Saving for the Future
← 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...
The Use of Subcontractors by Tribal Businesses
← Previous Article Next Article → The use of third-party contractors or subcontractors is a common and growing business practice in America. It is utilized by both small businesses and large multinational corporations for a variety of reasons, including...
CFPB Should Respect NACHA Standards
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) should respect NACHA standards and rescind the Payment Provisions of its 2017 Final Rule entitled, “Payday, Vehicle Title, and Certain High-Cost Installment Loans” (i.e....
The Importance of E-commerce in Indian Country
← Previous Article Next Article → According to new research by Dr. Eric Trevan, a professor of public administration at Evergreen College in Washington State, e-commerce is vital for Indian Country, particularly for tribes located in rural areas. In fact,...
Create a Plan to Take Control of Your Debt
← Previous Article Next Article → It’s never too late to create a plan to tackle your debt. Debt can be overwhelming and it can sometimes feel like you might never climb out of the financial hole. The Native American Financial Services Association’s (NAFSA)...
Federal Regulators on Debt-Relief Companies
← Previous Article Next Article → Over the past several years, federal regulators have been cracking down on debt-relief companies, which are companies that claim they can renegotiate, settle, or provide debt relief to consumers. According to one federal...
