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In 2001, twenty Tribal Nations and Alaskan Native Corporations set out with a dream “
to create a national bank to serve all Native people, communities, governments and enterprises across the country”
and established Native American Bank, N.A. (NAB).
NAB recognizes that among the many issues facing Native Americans, the absence of access to financial capital and services has been a significant impediment towards the realization of self-sufficiency and financial freedom across Indian Country.
At NAB “
Our primary mission is to assist Native American and Alaskan Native individuals, enterprises and governments to reach their goals by providing affordable and flexible banking and financial services.
To accomplish this we concentrate on pooling Indian economic resources to increase Indian economic independence by fostering a climate of self-determination in investment, job creation and sustainable economic growth.”
Five years later NAB has maintained focus on the dream. Over 85% of our loans are to natives and we have grown from $15 million to $85 million in total assets. NAB reaches more and more people across Indian Country everyday. In 2006 alone, our growth rate was approximately 40%, making NAB one of the fastest growing banks in the nation.
Currently NAB is owned by a collection of 26 Tribal Nations, Tribal Enterprises and Alaskan Native Corporations.
NAB is always looking towards the future, to assist Native American and Alaskan Native individuals, enterprises and governments reach their financial goals. NAB is continuously developing ways to better serve our customers and extend our reach across Indian Country.
Having undergone the growing pains of start-up and undertaking the unprecedented task of providing financial services in Indian Country, NAB is now poised, and is making plans to extend its physical presence into Native Communities across the country.
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