The Latest Financial News
Majority of Adults in U.S. Unable to Afford $1,000 Emergency Expense
A recent Bankrate report found that 57 percent of U.S. adults could not afford a $1,000 emergency expense. When asked how they would pay for an emergency expense, only 43 percent said they would use savings whereas 25 percent would use a credit card and pay it off...
Acting Comptroller Warns that “Too Big to Manage” Banks May be Broken Up
At a recent event hosted by The Brookings Institution, Acting Comptroller of the Currency Michael Hsu warned that banks whose size is too large to address internal weaknesses and adhere to regulations may need to be broken up. The Office of the Comptroller of the...
CFPB Proposes Rule to Rein in Nonbank Arbitration Contracts
Earlier this month, the Consumer Financial Protection Bureau (CFPB) announced a proposed rule to establish a public registry of supervised nonbanks’ terms and conditions in contracts that claim to limit or waive consumer rights and protections. “The registry would...
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
