The Latest Financial News
New Advisory Committee Members at the CFPB
The Consumer Financial Protection Bureau (CFPB) announced yesterday the new members of its four advisory committees, which include the Consumer Advisory Board (CAB), the Community Bank Advisory Council (CBAC), the Credit Union Advisory Council (CUAC), and the Academic...
People’s Bank of Seneca Becomes First Native-owned Bank to Join American Financial Exchange
The American Financial Exchange (AFX), electronic interbank lending market for U.S. financial institutions, announced last week that the People’s Bank of Seneca joined the exchange, becoming the first native-owned bank to join AFX.According to the Center for Indian...
Tribal Sovereign Wealth Fund Wins Big on Investment
Twelve Clans, Inc, the sovereign wealth fund of the Ho-Chunk Nation, recently exited its investment in Slack Technologies, reportedly earning the Tribe a substantial return on investment.The Ho-Chunk Nation established Twelve Clans in 2016 with the strategic purpose...
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
