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Finance

pete upton
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WASHINGTON, D.C. — A Native community development financial institution executive was among 16 leaders to join in a discussion with President-elect Joe Biden’s incoming team at the Department of the Treasury.

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LONGMONT, Colo. — Twenty-five Native community development financial institutions (CDFIs) will split $1.25 million in grant funding aimed at providing help to Native businesses that have been negatively affected by the COVID-19 pandemic. 

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The Native CDFI Network has announced a partnership with the Intertribal Agriculture Council to help its member community development financial institutions more effectively provide capital to Native producers and suppliers.

Jackson Brossy
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In proposing changes to a key bank regulation, the Federal Reserve Board wants to improve the flow of capital to low- and moderate-income communities and Indian Country.

Victor Flores
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EDMOND, Okla. — A national accounting firm with a significant tribal practice has opened a new office in Oklahoma to better serve the state’s 38 American Indian tribes. 

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WASHINGTON, D.C. — A coalition of firms that help fund projects in Indian Country has honored a pair of Native community development financial institutions (CDFIs) for their work to assist Native-owned small businesses in weathering the pandemic. 

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LONGMONT, Colo. — A pair of Native-led organizations are partnering to offer financial support for Native community development financial institutions to help communities grappling with the fallout from the COVID-19 pandemic. 

Jackson Brossy
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A group advocating for Native-led Community Development Financial Institutions will focus on building broader coalitions and using its collective voice to call for additional resources to be directed into Indian Country.

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GRAND ISLAND, Neb. — When Pete Upton applied to have Native360 Loan Fund Inc. considered for Google.org Impact Challenge funding late last year, he had no way of knowing how much his organization and its clients would be upended by COVID-19 just a few months later.

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KESHENA, Wis. — Bay Bank, a financial institution owned by Oneida Nation, plans to open a branch office on the nearby Menominee Indian Tribe of Wisconsin’s reservation.