The Latest Financial News
NAFSA Comments on True Lender Issue in Bloomberg BNA
Bloomberg BNA recently looked into the current state of “true lender” litigation. These issues do not directly impact NAFSA because our members are structured in a way in which the lending enterprise that originated the loan is also the entity that services the loan....
NAFSA Continues Engagement with Federal Officials
Meetings include the White House, CFPB, and Congressional Members This week, Native American Financial Services Association (NAFSA) members came together to continue the dialog for the tribal online lending industry meeting with White House officials, the Consumer...
Hensarling Still Confident of Dodd-Frank Overhaul
Following a contentious committee hearing on the constitutionality of the Consumer Financial Protection Bureau (CFPB), Rep. Jeb Hensarling (R- TX), Chairman of the House Financial Service Committee, remains convinced that the CFPB’s parent legislation, the Dodd-Frank...
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
