The Latest Financial News
Biden Names Mohegan Chief Marilynn Malerba U.S. Treasurer, Marking First Native American To Hold Position
Last Tuesday, U.S. President Joe Biden announced his intent to appoint Marilynn Malerba, Chief of the Mohegan Tribe, to be Treasurer of the United States. Chief Malerba will be the first Native American to hold the position. As Treasurer, she will oversee the U.S....
FDIC to Again Include “Underbanked” Households in Biannual Banking Survey
After the Federal Deposit Insurance Corporation (FDIC) changed their biannual national survey on consumers’ banking habits in 2019 under former chair Jelena McWilliams, eliminating information about households considered “underbanked,” three sources close to the...
PayPal Expands Pay Later Options With New ‘Pay Monthly’ Service
Last week, PayPal introduced a new buy now, pay later (BNPL) product, called “PayPal Pay Monthly,” to give customers another flexible payment option for major purchases. Customers can use the program to pay off purchases over a six- to 24-month period rather than...
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
