The Latest Financial News
In advance of Senate Banking Committee Hearing, NAFSA Sends Letter to Committee Leadership Opposing 36 Percent Rate Cap
Yesterday, the Senate Banking Committee convened a hearing to examine the extension of the Military Lending Act (MLA)’s 36 percent APR cap to all consumer loans. This came a day after Banking Committee Chairman Sherrod Brown (D-Ohio), along with Senators Reed...
CFPB Marks 10th Anniversary
Earlier this month, the Consumer Financial Protection Bureau (CFPB) celebrated its 10th anniversary after officially launching as an agency in July 2011. Following the financial crisis of 2007-2008, members of Congress pushed for significant reforms, including the...
FDIC, OCC, and Federal Reserve Seek Comment on Third-Party Relationships Guidance
The Federal Deposit Insurance Corp. (FDIC), the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency (OCC) recently proposed guidance outlining the risks financial institutions face as they increasingly rely on third...
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
