NAT$VE in the BANK Deadline has been extended to June 30, 2015
Empowering Native Youth to Get a Head Start on Building Their Financial Futures
A financial literacy month initiative of NFEC and NCAI
The Native Financial Education Coalition (NFEC) and the National Congress of American Indians (NCAI) launched NAT$VE in the BANK because they understand that Native youth developing relationships with financial institutions is a proven difference-maker in empowering their ability to make smart financial decisions over the course of their lives.
What Youth Can Do
Native youth between the ages of 12 and 25 can ANSWER the CALL by participating and LEAD the WAY by getting others to participate! Learn more here.
recruit their youth to participate in the campaign.
make participation a requirement in their youth programs.
reach out to local banks to invite them to participate in the challenge.
accept tribal IDs to open an account.
agree to a minimum initial deposit of $25 to open an account.
host a "bank in the school" day at an on-reservation school so Native youth can open accounts.
host a "Native in the Bank" fair at a bank branch near a tribal community so Native youth can open accounts.
To learn more about the NAT$VE in the BANK campaign, please contact Joel Chastain at firstname.lastname@example.org
Tribal Leader Financial Toolkit Session at NCAI Mid-Year Conference - June 30, 2015
Title: Building Self-Sufficient Tribal Citizens through Financial Literacy Location: St. Paul Rivercentre - Meeting Room 3 Date/Time: June 30, 2015 at 1:30 - 4:00 PM
Join us as we showcase an innovative toolkit that tribal nations can use to help their citizens set financial goals, choose financial products, and build their skills in managing money, credit, and debt. Tribal leaders will discuss how they have integrated such tools in their own communities, sharing lessons learned about what works and what doesn’t. Don’t miss this opportunity to learn how you can make a profound difference by providing financial education tools and resources customized to your own community’s needs.
Learn more about this session, conference, and how to register by visiting here.
CFPB is holding a Tribal Consultation on payday, vehicle title, and similar loans - June 15, 2015
The Consumer Financial Protection Bureau (CFPB) will be holding a Tribal Consultation on the Bureau’s proposals under consideration for the rule-making on payday, vehicle title, and similar loans. The CFPB is committed to ensuring that this work addresses the needs of consumers in Indian Country and respects the unique relationship between the federal government and tribal nations.
Tribal leaders and their designated representatives are invited to share their views with the CFPB at the Consultation scheduled at the following location:
June 15, 2015
Consumer Financial Protection Bureau Headquarters
1275 First St NE
Washington, DC 20005
CRL to Host The Cumulative Cost of Abusive Lending - June 16, 2015
On Tuesday, June 16, the Center for Responsible Lending will release the final chapter of the State of Lending and Its Impact on U.S. Households series. This chapter, called The Cumulative Costs of Predatory Practices, examines the complex ways that individuals, families, and communities are impacted by predatory lending. Looking beyond dollars spent, the chapter begins the work of looking at the long-term, holistic costs created by abusive financial products.
CRL will release this report during a half-day forum featuring a discussion of the chapter’s findings with researchers, policymakers, and consumer advocates.
Featured speakers include:
Marceline White, Moving Maryland Forward Network
Jose Cisneros, City and County of San Francisco
Rev. Sekinah Hamlin, Ecumenical Poverty Imitative
William R. Emmons, The Federal Reserve Bank of St. Louis
Darrick Hamilton, The New School
Timothy Ogden, NYU Financial Access Initiative
Kausar Hamdani, The Federal Reserve Bank of New York
All interested are welcome to join CRL and the guest speakers for breakfast, discussion, and the launch of the report. This widely-attended event is open to all – but space is limited so RSVP today.
Below the Surface: The Cumulative Costs of Abusive Lending
June 16, 2015
9 am – 12:30 pm
Knight Conference Center at the Newseum (555 Pennsylvania Ave NW), Washington DC