The Latest Financial News
Rohit Chopra Sworn in as CFPB Director, Announces Key Senior Positions
After receiving Senate confirmation on September 30, Rohit Chopra was sworn in as Director of the Consumer Financial Protection Bureau (CFPB) on Tuesday. The CFPB’s former Acting Director, Dave Uejio, will stay at the Bureau until his potential confirmation as...
Average Used Vehicle Loan Amount Reaches Record High in Q2 2021
The average used vehicle loan amount hit a record high in the second quarter of 2021, reaching $23,365 (up from $21,357 in Q2 2020). The rise in prices comes as the global semiconductor shortage is leading to a reduced supply of microchips, forcing many car makers to...
CFPB Report Finds Record Declines in Credit Card Debt in 2020
The Consumer Financial Protection Bureau (CFPB) recently released its fifth biennial Consumer Credit Card Market report to Congress, finding that after years of growth, credit card debt fell to $811 billion by the second quarter of 2020, the biggest six-month decline...
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
