More: banks

Cronkite News: Navajo Nation settles Wells Fargo lawsuit for $6.5 million
Cronkite News: Navajo Nation settles Wells Fargo lawsuit for $6.5 million (August 27, 2019)

Wells Fargo will pay $6.5 million to the Navajo Nation to settle the tribe’s 2017 suit that alleged a history of 'unfair, deceptive, fraudulent and illegal practices' aimed at elders and Dine language speakers.


Native Sun News Today: Native institution helps fulfill financial dreams
Native Sun News Today: Native institution helps fulfill financial dreams (June 17, 2019)

Discussing money and finances in homes has been a taboo for many generations.


Native American Bank prepares for big move
Native American Bank prepares for big move (August 3, 2018)

A bank established by the late Elouise Cobell is preparing for the next step in its evolution.


Navajo Nation accusses Wells Fargo Bank of exploiting tribal citizens in new lawsuit
Navajo Nation accusses Wells Fargo Bank of exploiting tribal citizens in new lawsuit (December 13, 2017)

The Navajo Nation is suing Wells Fargo Bank, alleging the financial giant pressured tribal citizens into opening accounts and signed them up for debit and credit cards without their consent.


YES! Magazine: Native women pressure banks to divest from big energy projects
YES! Magazine: Native women pressure banks to divest from big energy projects (October 23, 2017)

Jackie Fielder: 'Indigenous women are the ones to call out injustice when they see it immediately. We saw that at Standing Rock.'


YES! Magazine: Indigenous activists pressure banks to stop funding pipelines
YES! Magazine: Indigenous activists pressure banks to stop funding pipelines (August 23, 2017)

Led by indigenous leaders and environmental groups, climate activists gathered outside branches of JP Morgan Chase and Wells Fargo in downtown Seattle, Washington, to protest their financing of tar sands pipelines


YES! Magazine: Native activists continue to pressure banks on pipelines
YES! Magazine: Native activists continue to pressure banks on pipelines (July 10, 2017)

A new report from a consortium of environmental groups shows that big banks are reducing their investment in fossil fuel projects.


James Trimarco: Contact the banks funding Keystone and DAPL
James Trimarco: Contact the banks funding Keystone and DAPL (May 15, 2017)

We hunted down the names of CEOs and their contact information for you. Here’s what to say.


YES! Magazine: Stopping the flow of dollars to the Keystone XL Pipeline
YES! Magazine: Stopping the flow of dollars to the Keystone XL Pipeline (May 11, 2017)

A coalition of Indigenous leaders and other climate activists took over 12 JP Morgan Chase branches in Seattle, Washington, for a day of protest against the financing of tar sands projects


Native Sun News Today: Tribes focus on banks and courts as Dakota Access fight continues
Native Sun News Today: Tribes focus on banks and courts as Dakota Access fight continues (April 5, 2017)

As petroleum industry investors announced theintroduction of crude oil into the Dakota Access Pipeline, resistance continued to break out like a rash all across Indian Country.


Sarah Van Gelder: Huge bank divests from Dakota Access Pipeline
Sarah Van Gelder: Huge bank divests from Dakota Access Pipeline (March 27, 2017)

Last month, bank officials met face to face with leaders of the Standing Rock Sioux, and this week they announced the bank had sold the loan at the request of tribal leaders.


J. Gabriel Ware and James Trimarco: City of Seattle breaks with bank over Dakota Access Pipeline financing
J. Gabriel Ware and James Trimarco: City of Seattle breaks with bank over Dakota Access Pipeline financing (February 8, 2017)

The movement to stop the controversial Dakota Access pipeline through financial activism took an important step forward.


Frances Madeson: More tribes are joining the #DefundDAPL movement
Frances Madeson: More tribes are joining the #DefundDAPL movement (February 3, 2017)

The Navajo Nation is making moves to join a growing number of tribes that have already respectfully, but conclusively, shown Wells Fargo the door.


James Trimarco: Banks agree to talk to Standing Rock Sioux Tribe
James Trimarco: Banks agree to talk to Standing Rock Sioux Tribe (January 30, 2017)

Seven banks—including Wells Fargo, TD Bank, and Citibank—will meet with Standing Rock Sioux leaders after months of intense defund-DAPL pressure.


Native Sun News Today: #DefundDAPL billboard goes up in Times Square
Native Sun News Today: #DefundDAPL billboard goes up in Times Square (January 19, 2017)

The divestment campaign is an outgrowth of indigenous prayer gatherings and grassroots direct actions against the Dakota Access Pipeline.


Gyasi Ross: Let's divest from DAPL and support Native-owned banks
Gyasi Ross: Let's divest from DAPL and support Native-owned banks (January 17, 2017)

'We can’t just stash our cash under a pile of Pendleton and Pendleton-ish blankets, can we?'


Native Sun News Today: Northern Cheyenne banker beats the odds
Native Sun News Today: Northern Cheyenne banker beats the odds (January 16, 2017)

Having a 'Big Mac' attack was not an option when Brett Evertz was a youngster living on a remote ranch on the Northern Cheyenne Reservation in southeastern Montana.


Mille Lacs Band divests from Wells Fargo over financing for Dakota Access Pipeline
Mille Lacs Band divests from Wells Fargo over financing for Dakota Access Pipeline (January 13, 2017)

The Minnesota tribe has terminated its relationship with Wells Fargo.


Gyasi Ross and Matt Remle: Divest from the Dakota Access Pipeline
Gyasi Ross and Matt Remle: Divest from the Dakota Access Pipeline (December 26, 2016)

Matt Remle of Last Real Indians and Gyasi Ross of Indian Country Today offer a guide to divesting from the financial institutions that made the Dakota Access Pipeline a reality.


Native Sun News Today: #DefundDAPL effort targets backers of Dakota Access Pipeline
Native Sun News Today: #DefundDAPL effort targets backers of Dakota Access Pipeline (December 19, 2016)

As thousands of Dakota Access Pipeline opponents responded to the Standing Rock Sioux Tribe’s appeal to fold up their tents for the winter, organizers turned attention toward a boycott of investment banks and other campaigns to prevent revival of the project.


Ari Paul: City takes steps to divest $3B from Dakota Access bank
Ari Paul: City takes steps to divest $3B from Dakota Access bank (December 16, 2016)

Over the past few months activists opposed to the Dakota Access pipeline have ramped up pressure on the company’s financiers.


Matt Stannard: Public bank helps silence the #NoDAPL movement
Matt Stannard: Public bank helps silence the #NoDAPL movement (December 15, 2016)

The nation’s only state bank was created to empower small farmers and local economies, but now it’s being used to silence indigenous people with militarized force.


Standing Rock Sioux Tribe moves to cut ties with pipeline investors
Standing Rock Sioux Tribe moves to cut ties with pipeline investors (November 2, 2016)

The tribe won't do business with Wells Fargo, its longtime banker, or other institutions with financial ties to the controversial project.


Morongo Band opens new office for First Californian Credit Union
Morongo Band opens new office for First Californian Credit Union (July 14, 2016)

The California tribe hosted a grand opening for the flagship offices on Monday, July 11.


Forest County Potawatomi Community purchases stake in bank
Forest County Potawatomi Community purchases stake in bank (January 13, 2016)

The tribe continues to diversify its economy with an investment in Commerce State Bank of Wisconsin.


Native American Bank wins top lender designation from BIA
Native American Bank wins top lender designation from BIA (December 18, 2015)

The bank has successfully participated in the BIA's Loan Guarantee, Insurance and Interest Subsidy Program for five years.


Oneida Nation opens first branch location of tribal-owned bank
Oneida Nation opens first branch location of tribal-owned bank (November 25, 2015)

The tribe started Bay Bank in 1995 and became the sole owner in 2000.


Treasury Department seeks comments about online lending
Treasury Department seeks comments about online lending (July 17, 2015)

Tribes have attracted nationwide attention by establishing online lending operations on their lands.


Senate committee focuses on access to capital in Indian Country
Senate committee focuses on access to capital in Indian Country (June 18, 2015)

Funding for the loan guarantee program at the Bureau of Indian Affairs and the community development financial institutions fund at the Department of Treasury remains low.


Steve Russell: Tribal governments face 'public money' challenge
Steve Russell: Tribal governments face 'public money' challenge (June 4, 2015)

President Obama, Massachusetts Sen. Elizabeth Warren, and much of the chattering class are focused on the Trans-Pacific Partnership, a free trade agreement that will be a major symbol of Obama’s 'pivot to Asia'—if it happens.


Cheyenne and Arapaho Tribes sue two former leaders for funds
Cheyenne and Arapaho Tribes sue two former leaders for funds (March 17, 2015)

Former lieutenant governor Leslie Wandrie-Harjo said the money is sitting untouched in a bank.


Cheyenne and Arapaho Tribes reclaim $6.5M in dispute with bank
Cheyenne and Arapaho Tribes reclaim $6.5M in dispute with bank (March 12, 2015)

The funds were in limbo due to a leadership dispute that was resolved more than a year ago.


Winnebago Tribe's corporation invests in Native American Bank
Winnebago Tribe's corporation invests in Native American Bank (February 10, 2015)

Ho-Chunk Inc is now a 'major' shareholder in the bank.


Seminole Tribe drops second attempt to join banking industry
Seminole Tribe drops second attempt to join banking industry (February 3, 2015)

Two deals to acquire banks have now fallen through.


Seminole Tribe makes another attempt to join banking business
Seminole Tribe makes another attempt to join banking business (September 30, 2014)

The tribe plans to buy Mackinac Savings Bank, a bank with branches in Florida and offices in Massachusetts and Michigan.


Oneida Nation asked Bank of America to break with NFL team
Oneida Nation asked Bank of America to break with NFL team (June 24, 2014)

Tribe wants Bank of America and FedEx to end their business relationships with the team.


Lytton Band makes $10M deposit in local financial institutions
Lytton Band makes $10M deposit in local financial institutions (June 9, 2014)

The deposits represent the tribe's commitment to local businesses, attorney said.


Seminole Tribe won't be purchasing struggling  bank in Florida
Seminole Tribe won't be purchasing struggling bank in Florida (June 3, 2014)

But tribe still plans on entering the banking business, with an eye towards Indian housing loans.


Seminole Tribe files papers to acquire struggling bank in Florida
Seminole Tribe files papers to acquire struggling bank in Florida (June 2, 2014)

The Seminole Tribe of Florida is getting into the banking business.


Bond Buyer: Navajo Nation set to issue first bonds in its history
Bond Buyer: Navajo Nation set to issue first bonds in its history (June 29, 2011)

"The Navajo Nation is quietly planning to access the capital markets for the first time in its history within the coming six months. Having received its first-ever bond rating in...


Absentee Shawnee Tribe opens branch of AllNations Bank
Absentee Shawnee Tribe opens branch of AllNations Bank (May 18, 2011)

The Absentee Shawnee Tribe of Oklahoma is hosting a grand opening ceremony tomorrow for a new branch of its bank. The tribe bought AllNations Bank six years ago. The new...


Banks identified for settlement funds in Keepseagle case
Law
Banks identified for settlement funds in Keepseagle case (April 26, 2011)

The plaintiffs in the Keepseagle case have identified five banks -- including one owned by the Chickasaw Nation -- to hold and invest settlement funds. The plaintiffs said four banks...


Navajo Nation loses  $1.25M for failed egg farm  on reservation
Navajo Nation loses $1.25M for failed egg farm on reservation (March 17, 2011)

The Navajo Nation lost $1.25 million on a failed egg farm, money the tribe probably won't ever get back. Diné Poultry Products Inc. proposed a $12 million egg farm on...


Saginaw Chippewa Tribe celebrates opening of first credit union
Saginaw Chippewa Tribe celebrates opening of first credit union (March 8, 2011)

The Saginaw Chippewa Tribe of Michigan held a grand opening and reception for its new credit union. The Chippewa Eagle Federal Credit Union gained federal approval last year. It will...