The Latest Financial News
CFPB Director Kraninger Appears Before House Financial Services Committee
Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger recently appeared before the House Financial Services Committee (HFSC), testifying at a hearing entitled “Protecting Consumers or Allowing Consumer Abuse? A Semi-Annual Review of the Consumer...
House Financial Services Committee Convenes Hearing on Banks’ Partnerships with Non-Banks
Yesterday, the House Financial Services Committee convened a hearing entitled “Rent-A-Bank Schemes and New Debt Traps: Assessing Efforts to Evade State Consumer Protections and Interest Rate Caps.” In the Committee Memorandum for the hearing, the Majority Staff noted...
CFPB Report on Small Business Lending and the Great Recession Outlines Decline in Access to Credit and Uneven Recovery
The Consumer Financial Protection Bureau (CFPB) recently released a data point showing how small business lending has developed before, during, and after the recent Great Recession that took place from 2008-2009. The report found that small business access to credit...
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
