The Latest Financial News
Michigan Rate Cap Initiative Fails to Make Ballot
Last week, Michigan’s Board of Canvassers declined to certify a proposal to cap interest rates on certain loans that campaign organizers hoped to put on the Michigan ballot in November. While the group organizing the proposal, Michiganders for Fair Lending, said they...
CFPB Creates Oversight Office to Deal with Congressional Probes
A recent internal memo authored by Deputy CFPB Director Zixta Q. Martinez revealed that the Consumer Financial Protection Bureau (CFPB) is creating a new Office of Oversight to manage an expected increase in inquiries from Republican lawmakers, in anticipation that...
N.Y. Department of Financial Services Announces New Guidance on Overdraft and NSF Fees
The New York State Department of Financial Services (NYDFS) recently issued new guidance prohibiting unfair and deceptive overdraft and nonsufficient funds (NSF) fees. “Access to safe, affordable banking services is a critical component of financial health and...
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
