The Latest Financial News
Consumer Borrowing Surged in May by Most on Record
American consumers have started borrowing more as the economy recovers from COVID-19, especially in auto loans and leases, general-purpose credit cards, and personal loans. Bloomberg economists predicted an $18 billion gain, but Federal Reserve data found a $35.3...
CFPB Consumer Complaint Bulletin Highlights Consumer Difficulties During Pandemic
Earlier this month, the Consumer Financial Protection Bureau (CFPB) released a complaint bulletin highlighting difficulties consumers faced throughout the COVID-19 pandemic concerning evictions, access to economic impact payments, and student loans. “Millions of...
Sens. Lankford, Bennet Propose Allowing $1,000 Penalty-Free 401k Withdrawal Each Year
Senators James Lankford (R-Okla.) and Michael Bennet (D-Colo.) recently introduced the Enhancing Emergency and Retirement Savings Act of 2021, bipartisan legislation that would allow individuals to withdraw $1,000 from their 401k accounts each year without facing 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
