The Latest Financial News
Credit Unions Looking Into Fintech Partnerships
As consumer expectations change in a trend toward a more digital financial services landscape, credit unions are now exploring new services to remain innovative in a market that is rapidly growing more competitive. As mobile wallets and digital account openings have...
Federal Reserve Hiring Private Sector Tech Talent In Push to Evolve with Financial System
Federal Reserve chair Jerome Powell recently said that he wants to put the agency at “the forefront of technological changes” in the financial sector, which is driving the Fed’s efforts to attract top tech talent from the private sector. During an event hosted by the...
CFPB Releases Report on Financial Challenges Facing Rural Communities
Earlier this month, the Consumer Financial Protection Bureau (CFPB) released a report on financial challenges faced by Americans living in rural communities, finding that many of these communities have limited access to physical bank branches, are more likely to get...
Featured Resources
Our Digital Financial Literacy Program
Too many consumers mismanage their budgets, make poor investment decisions, and fail to properly plan for the future. NAFSA is committed to empowering people with the skills they need to change this trend and thrive financially. NAFSA’s Financial Literacy Program offers an assortment of digital modules covering a wide variety of financial topics, including building emergency savings, mortgage education, and retirement planning.
Tribal Online Lending Best Practices
NAFSA has developed Best Practices for the exclusive use of all NAFSA Members as it relates to their Tribal Online Lending businesses. We believe these Best Practices will help ensure consumer protection, quality service, and positive customer and industry interactions during the life of the loans made by tribal lending entities who are NAFSA members. Our Best Practices apply to all stages of the loan, including marketing, origination, servicing, collecting, and ongoing data privacy.
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.
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
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
