The Latest Financial News
Sen. Gillibrand Announces Bill to Bring Small Dollar Loans to Post Offices
Senator Kirsten Gillibrand (D- NY) revealed a new plan to offer small dollar credit products and other basic banking services at more than 30,000 post offices across America. She touts the idea of a “Postal Bank” to “effectively end predatory lending...
Government Takes Interest in Cybersecurity as FinTech Gains Steam
As more and more business takes place online, governments and companies are finding themselves with an incredible amount of easily accessible personal information and data on consumers. With high profile data breaches becoming far too common, the recent...
NAFSA Recommends CFPB Defer To Tribes During Civil Investigative Demand Process
NAFSA recently submitted a comment to a Consumer Financial Protection Bureau (CFPB) request for information (RFI) regarding the agency's process for civil investigative demands (CIDs). The full comment is available below. The RFI is part of a larger effort...
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
