Native Banks, Credit Unions, and CDFIs to Converge on the KwaTaqNuk Flathead Lake Resort in Montana

Center: Patrice Kunesh, Director of the Center for Indian Country Development (Youtube / Minneapolis Fed)

At the end of August, the Federal Reserve Bank of Minneapolis’ Center for Indian Country Development (CICD) will bring together Native American Financial Institutions for a first of its kind gathering at the KwaTaqNuk Flathead Lake Resort in Polson, Montana.

According to a draft agenda for the one-day session, this convening of Native banks, credit unions, and community development financial institutions was designed to increase awareness about the wealth of resources, products, and capacity of Native financial institutions; explore opportunities to leverage capital among Native financial institutions to catalyze development across Indian country; elevate the best practices that create real sustainable growth; and foster networking, learning, and collaboration among Native financial institutions.

Attendees at the conference will hear from a wide range of speakers, and key topics that will be covered include innovations in financial services, adapting to a changing financial landscape, regulatory changes and trends, leveraging external partnerships and stakeholders, and a strategy session to identify the “on-ramps” needed to generate economic development in Indian country.

In addition to hearing from the conference hosts, including representatives from the Confederated Salish and Kootenai Tribes, welcome remarks will also be offered by Patrice Kunesh of the CICD and Amanda Roberts from the Federal Reserve Board of Governors. Washington, DC-based representatives of the Federal Reserve Bank, the CDFI Fund, and the National Credit Union Association, will also be on hand to present updates made and proposed to federal regulatory policy.

The CICD was developed by the Minneapolis Fed to help self-governing Native American communities attain their economic development goals. The CICD does this by serving as a thought leader, providing a one-stop shop for resources concerning Tribal economic development, and contributing to research critical to emerging economic issues.

For more information on the August 27 event, or to register, visit https://minneapolisfed.org/indiancountry/events/all-events/a-convening-of-native-american-financial-institutions.

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