The Latest Financial News
CFPB Leadership Seeks to Provide Clarity around UDAAP
Mick Mulvaney, acting director of the Consumer Financial Protection Bureau (CFPB), recently announced that the CFPB would issue a regulation that would provide clarity around “unfair, deceptive or abusive acts or practices,” popularly known as UDAAP. UDAAP...
The Legal Trouble Surrounding OCC’s National Fintech Charter
The Office of the Comptroller of the Currency (OCC) announced on July 31 that it would begin accepting applications for national bank charters from nondepository financial technology companies engaged in banking businesses. Since the...
Banks are Making Bank on Overdraft Fees
A new survey of banks finds that the average overdraft fee that banks charge customers decreased slightly from 2017 to 2018. Despite this slight drop in fees, overdraft revenue still makes up a key source of income for many banks. The average...
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
