The Latest Financial News
SCOTUS Offers a Victory on Tribal Treaty Rights
On Monday, the Supreme Court of the United States handed down its decision in Washington v. U.S., a case that had been watched closely by Indian country because of its potential impact on Native American treaty rights. “This ruling gives us hope that the...
CFSA Exec “Skeptical” About Banks Entering Short-Term, Small-Dollar Lending Industry
Last month, both the Office of the Comptroller of the Currency (OCC) and the National Credit Union Administration (NCUA) issued proposals to allow banks and credit unions to offer short-term, small-dollar lending products. In an article published this week...
House Financial Services Looks at CFPB Changes
In a hearing last week convened by the House Financial Services’ Financial Institutions and Consumer Credit Subcommittee, members of Congress on the panel considered four statutory changes to the structure of the Consumer Financial Protection Bureau...
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.