The Latest Financial News
Barr Confirmed for Fed Vice Chair of Supervision
On Wednesday, The U.S. Senate confirmed Michael Barr to serve as Vice Chair of Supervision at the Federal Reserve (Fed), where many expect that he will crack down on big banks while being open to new fintechs playing a role in the financial services industry. With...
More Consumers Now Using Buy Now Pay Later for Everyday Expenses
Buy Now, Pay Later (BNPL) loans have become popular payment methods for big-ticket items, but consumers have been using them recently for everyday purchases, likely due to increased prices for goods related to inflation and supply chain issues. Consumer advocates and...
New Fed Data Shows Consumer Credit Usage Hit Record High in May
According to new data released by the Federal Reserve last week, consumer borrowing rose by $22.3 billion between April and May, pushing total outstanding credit to a record high. Despite reaching a new high point, the rate of increase was only 5.9 percent—a decrease...
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
