asset building
Banking will be much more accessible for Bois Forte Band members with the opening of the Northern Eagle Federal Credit Union. The non-profit institution celebrated its grand opening Monday at its Vermilion branch, located at Fortune Bay Resort Casino near Tower. Northern Eagle’s main branch is at...
Mille Lacs Corporate Ventures (MLCV) announced on Friday that it has purchased the 236 room Embassy Suites Oklahoma City hotel, located at 1815 South Meridian in Oklahoma City. The purchase represents a strategic expansion into a growing market for the company...
In only nine weeks since it opened, the Lakota Federal Credit Union has attracted 317 members, and $1.2 million in deposits. “We have already approved $100,000 in loans, and that has been by word of mouth. It’s been huge,” Tawney Brunsch, executive director for the Lakota Funds, announced. Brunsch...
Gerald Sherman (Oglala Lakota), a pioneer in developing financial products for disadvantaged and underserved Native communities, received the prestigious ‘Visionary Leader Award for Outstanding Achievement’ at the 10th Annual Native Community Development Financial Institution (CDFI) Convening...
Martin Harvier, Vice President of the Salt River Pima-Maricopa Indian Communty, and Monica Simeon, CEO and Principal Partner of Sister Sky, field questions from the audience about their roles in building sustainable economies for their respective nations.
“Accounts at birth” is an important idea at the frontier of savings and asset-building policy. How to make them effective is an important topic for research. This paper presents ideas and initial findings from the experience of American Indian nations–America's first asset-builders–with such...
Recognizing the necessary links between promoting a strong economy, maintaining positive cultural connections, and the ability to own a home, the Umatilla Housing Authority promotes the "Wapayatat" Homeownership: Financial, Credit and Consumer Protection Program. The seven-week course provides...
In a pursuit to ensure growth, protect assets, and meet the present and future educational needs of the Hopi Tribe, an ordinance establishing the Hopi Education Endowment Fund was approved. Taking advantage of IRS Code Section 7871 allows for tax deductible contributions made to the Tribe to...
Former Executive Director Kristi Coker-Bias provides on overview of the Citizen Potowatomi Community Development Corporation and discusses how it is working to cultivate private sector development in her community, which she says is essential to Native nations' efforts to develop sustainable...
Kay Perry with the Chickasaw Nation's Housing Counseling and Loan Service program provides an overview of the Chuka Chukmasi Home Loan Program and how the program uses human and financial resources wisely.
