July 2015 Newsletter

Partners

The Center for Responsible Lending is a nonprofit, non-partisan organization that works to protect homeownership and family wealth by fighting predatory lending practices. Its focus is on consumer lending: primarily mortgages, payday loans, credit cards, bank overdrafts and auto loans. 

We are excited to be partnering with the Center for Responsible Lending, First Nations Development Institute, and the Native CDFI Network this month for our upcoming August webinar! The Consumer Financial Protection Bureau (CFPB) is an agency that helps consumer finance markets work by making rules more effective by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives. As you may know, the CFPB recently offered a first look at the proposals it is considering for future regulations to address payday lending, car title lending, and certain high-cost installment lending. The CFPB is expected to issue a formal draft of its rules later this fall, at which point they will be seeking a broad range of feedback from the public about the strengths and weakness of the rule. 

In this webinar, the Center for Responsible Lending will provide a summary of the proposal, as well as a brief discussion of what we think they got right, and where significant loopholes exist that may undermine its effectiveness and strong laws in other jurisdictions. It will also provide an overview of recent research and trends on this issue such as new research based on data from North Dakota, and information about the process of how to provide input to the draft rule in the fall.

Registration for this webinar is NOW OPEN!

News from the Oweesta Office

Join Team Oweesta as Chief Financial Officer!

Oweesta is hiring a Chief Financial Officer (CFO). The CFO is responsible for all financial matters of Oweesta. The CFO will report to and work closely with the executive director. In addition, s/he will partner with the senior leadership and the board of directors to develop and implement strategies across the organization. The CFO will oversee all compliance and recognition for government (federal and state) contracts and private grants. S/he must be able to adapt to the continually evolving environment and thrive in an autonomous and deadline-oriented workplace while managing finance staff. For more information, please follow the link below.


 

Back Row: Stephanie Cote, Chrystel Cornelius, Luke Langholz, Emily Trump, Chris Hansen, Evette Aragon,
Center: Krystal Langholz, Baby Langholz
 

Krystal Langholz's New Baby

On Monday, Krystal Langholz, Chief Operating Officer of Oweesta, gave birth to a healthy baby boy. We are so excited for her and her family and wish them all the love, joy, and happiness that this new life will bring. Congratulations Krystal!
 

Native CDFI Gathering

Oweesta is getting prepared for the 10th Anniversary of the Native Awards Ceremony at the 2015 Opportunity Finance Network Annual Conference in Detroit, Michigan, November 9-14. Oweesta welcomes any donations or gift ideas for our gift baskets for the Native Awards Ceremony. We are specifically interested in small items by Native American-owned businesses, Native CDFI promotional items, and other Native or financial institution items.

If you are interested in donating items or have suggestions for the 10th Annual Native Awards Ceremony "Native CDFI" gift baskets, please contact Stephanie Cote, Communications Manager of Oweesta, at stephanie@oweesta.org.

Lending

For more information on our lending products, please contact Lending & Capitalization Manager Emily Trump at emily@oweesta.org or visit www.oweesta.org/services/lending.

CDFI Advocacy

Join the network that promotes Native CDFI Policy Advocacy TODAY! The Native CDFI Network has two membership levels: Network Member and Affiliate Member. Each level plays a unique and vital role in growing the network, strengthening the Native CDFI industry, and informing policy that is supportive of Native economic development strategies. For more information, follow the link below!


 

Funding Opportunities

Rural Business Development Grant is a competitive grant designed to support targeted technical assistance, training and other activities leading to the development or expansion of small and emerging private businesses in rural areas that have fewer than 50 employees and less than $1 million in gross revenue. Programmatic activities are separated into enterprise or opportunity type grant activities.
 

Job Opportunities

The Native American Bank is hiring a Loan Assistant and Operation Specialist in their Denver, Colorado, location. The trusted Native-owned nationwide bank meets the financial needs of you, your family, your business, and your nation. Through collaboration, Native American Bank provides access to financial services for Alaska Native and Native American communities, creating economic independence, development, and sustainability.

Northern Eagle Federal Credit Union is hiring a Development Services Coordinator in Minnesota. The Development Services Coordinator serves as the financial literacy curriculum developer, instructor, and financial counselor for the Northern Eagle Federal Credit Union.

Upcoming Events

Resources

Feeding Ourselves: Food Access, Health Disparities, and Pathways to Healthy Native American Communities

This report encourages its readers to take the first step toward a solution – becoming aware of the extent of the problem of Native health disparities and its deep interconnections to U.S. Indian policy, poverty, historical trauma and food systems. This includes building awareness of the complex historic and present-day situations of Native peoples, innovative models, and how systemic and long-term changes may be supported by policy changes at the tribal, federal, and philanthropic levels.



 

Products & Services Guide

Oweesta offers state-of-the-art financial institution capacity building and training programs, meeting all of your CDFI needs. Check out our Products & Services Guide and see how Oweesta can be of service to you!