The Latest Financial News
Deb Haaland Wins New Mexico Congressional Primary, Putting Her on Track to Become First Native American Woman in U.S. Congress
In the primary for New Mexico’s first Congressional District on Tuesday night, Deb Haaland, an enrolled member of the Pueblo of Laguna, handily beat out five other challengers to secure the Democratic nomination. While 21 Native Americans have served in...
SEC Moves on Cryptocurrencies with Announcement of Senior Advisor for Digital Assets and Innovation
On Monday, the Securities and Exchange Commission (SEC) announced the appointment of Valerie Szczepanik as Associate Director of the Division of Corporation Finance and Senior Advisor for Digital Assets and Innovation. In the new position, Ms. Szczepanik...
OCC Getting Closer to Decision on Proposed Charter for Fintech
For nearly a year and half, the Office of the Comptroller of the Currency has been exploring the possibility of extending a special purpose national bank charter to fintech companies like online lenders. During a press call on May 24, Comptroller of the...
Featured Resources
Our Digital Financial Literacy Program
Too many consumers mismanage their budgets, make poor investment decisions, and fail to properly plan for the future. NAFSA is committed to empowering people with the skills they need to change this trend and thrive financially. NAFSA’s Financial Literacy Program offers an assortment of digital modules covering a wide variety of financial topics, including building emergency savings, mortgage education, and retirement planning.
Tribal Online Lending Best Practices
NAFSA has developed Best Practices for the exclusive use of all NAFSA Members as it relates to their Tribal Online Lending businesses. We believe these Best Practices will help ensure consumer protection, quality service, and positive customer and industry interactions during the life of the loans made by tribal lending entities who are NAFSA members. Our Best Practices apply to all stages of the loan, including marketing, origination, servicing, collecting, and ongoing data privacy.
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.
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
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.