The Latest Financial News
New York Democratic Members of Congress Push JPMorgan to Refund Overdraft Fees Collected During COVID-19
Earlier this month, Democrats representing New York in the House of Representatives sent a letter to Jamie Dimon, JPMorgan Chase CEO and Chairman, urging the bank to refund the $1.5 billion it collected in overdraft fees throughout the pandemic back to its customers....
House Votes to Overturn True Lender Rule, Sending Repeal to President’s Desk
Yesterday, House lawmakers voted to pass legislation overturning the Office of the Comptroller of the Currency’s (OCC) “true lender” rule issued in October, which governs partnerships between banks and third-party lenders. In May, the Senate voted to repeal the rule,...
CFPB Restarts MLA Exams
The Consumer Financial Protection Bureau (CFPB) recently issued an interpretive rule that reasserts its authority to use Military Lending Act (MLA) exams to protect servicemembers from overpaying for financial services. The CFPB started reviewing lenders’ records in...
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
