READOUT: U.S. Department of the Treasury Hosts Roundtable Discussion on How Financial Institutions Can Support Tribal Nations in Accessing Capital

WASHINGTON – This week, the U.S. Department of the Treasury (Treasury) hosted a roundtable with stakeholders from across the Tribal finance ecosystem – including Tribal government representatives, financial technology firms, consumer advocacy groups, government agencies, and financial institutions – to discuss how financial institutions, including depository and non-depository institutions, can better serve Tribal communities.At the roundtable, participants discussed barriers to capital and credit access for Tribal communities, including issues related to insurance, mortgages, and consumer loans. Specifically, roundtable participants discussed the role that traditional financial institutions play in the Tribal community, highlighting gaps where financial institutions should engage further.Treasury officials led discussions addressing recent trends in the financing space, including the growth in online lending by financial technology companies.