The Latest Financial News
Federal Regulator Voices Support for CFPB’s Proposal on Small-Dollar Rule
Earlier today, the Comptroller of the Currency Joseph Otting voiced his support for the Consumer Financial Protection Bureau’s (CFPB) proposal to rescind the ability-to-repay requirements under its Final Rule regarding “Payday, Vehicle Title, and Certain High-Cost...
House Democrats Ask CFPB for Documents Related to Recent Settlements
Democratic leadership in the House Financial Services Committee has sent a letter to the Consumer Financial Protection Bureau (CFPB) asking for documents related to recent settlements. The letter points out that several settlements have not required companies “that...
Court Questions Whether Overdraft Fees are Interest Rates
The First Circuit Court of Appeals is hearing a case that will shed further light on whether a bank’s overdraft fee should be considered interest. Previous rulings have found that overdraft fees are not an extension of credit and therefore not interest. In Fawcett v....
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
