The Latest Financial News
Chopra Announces Enhanced Supervisory and Enforcement Scrutiny of Banks Heavily Dependent on Overdraft Fees
In an effort to eradicate what he sees as illegal overdraft fee practices, Rohit Chopra, Director of the Consumer Financial Protection Bureau (CFPB), recently announced that the agency would be cracking down on large banks that are heavily reliant on overdraft fees,...
Federal Agencies Approve Cyberattack Rules for US Banking System
Last month, the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board of Governors, and the Federal Deposit Insurance Corp. (FDIC) approved a final rule on how information about cyberattacks should be reported to U.S. banking regulators. According...
Former CFPB Director Cordray Rumored to be Candidate for Federal Reserve’s Top Bank Regulator
Richard Cordray, who served as the Director of the Consumer Financial Protection Bureau (CFPB) from 2013 to 2017, is rumored to be under consideration to be the Biden Administration’s choice for the Federal Reserve’s top bank regulator. In that role, he would lead the...
Why NAFSA?
There are more than 570 federally-recognized tribes in the United States, many of whom are spread across in diverse areas. This has left a need for other tribal economic development opportunities to create sustainability and jobs on Native American reservations.
Tribal Financial Services:
Create jobs & economic development on tribal lands
Increase the financial independence of tribes
Deploy sovereignty & bolster tribal self-determination
The Impact of Tribal Financial Services
Coming from a history of staggering unemployment rates, limited opportunities, and lack of access to fundamental resources, Native American tribes began online lending businesses to create real change for the future. Internet commerce has been a vehicle for supporting economic growth, tribal services, and tribal development. These are their stories.
Our Mission
To advocate for tribal sovereignty, promote responsible financial services, and provide better economic opportunity in Indian Country for the benefit of tribal communities.
To protect and preserve the sovereignty of Native American tribes while offering an unprecedented opportunity for tribal economic growth
Growing opportunity for Indian Country in the financial services industry
Advancing financial literacy in tribal communities
