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TUESDAY, NOVEMBER 13, 2001

Pitched as a way of increasing economic opportunity in Indian Country, the Native American National Bank has been launched with the support of tribes and Alaska Native corporations.

With assets of $25 million, the bank's founders hope to increase tribal access to financing. But others say the bank will incur greater risks and question if it will help improve credit for the every day Native American.

The bank's holding company is based in Denver, Colorado. The bank has a branch on the Blackfeet Reservation.

Get the Story:
Indian bank's goal to boost reservation businesses (The Sioux Falls Argus Leader 11/12)

Relevant Links:
North American Native Bankers Association - http://www.nanba.org

Related Stories:
Tribes may acquire Blackfeet bank (11/8)
Mohegans wait on bank (Money Matters 08/15)
Banks raising interest (Money Matters 07/21)
Shoshone invest $1M (Money Matters 07/21)