Native American Bank President/CEO named to CDBA Board
NATIVE AMERICAN BANK PRESIDENT/CEO THOMAS D. OGAARD NAMED TO COMMUNITY DEVELOPMENT BANKERS ASSOCIATION BOARD
Denver, Colorado - Native American Bank, N.A. President and CEO Thomas D. Ogaard was named to the Community Development Bankers Association (CDBA) Board on June 3rd, 2017.
The CDBA is the national trade association of the community development bank sector, and serves as the voice and champion of banks with a mission of serving low and moderate income communities. CDBA educates policymakers, regulators, legislators, and the public on the importance of Community Development Banks. They also lead the growth and development of this sector in banking, building institutions with the capacity to promote access to capital and financial services in underserved communities.
Native American Bank, N.A is the only Tribally-owned bank within the 65 CDBA member banks.
″We at Native American Bank, have the mission ″Native People Investing in Native Communities.″ We are proud to be able to support this important population. Having our CEO on the CDBA board provides an important voice for Indian Country in the dialogue of community banking,″ said Native American Bank Sales and Marketing Director Mika Leonard.
″Native Americans often face the absence of access to financial capital and services, which is a significant impediment towards self-sufficiency and financial freedom for the Tribal Communities. CDBA members are well-versed in this ongoing problem. I look forward to collaborating with my fellow Board members as we work towards the best solutions,″ said Ogaard. Mr. Ogaard’s Board term will be three years, during which time he will continue to promote banking in Indian Country among the CDBA community. Mr. Ogaard has been the President and CEO of Native American Bank since 2013 and has over 35 years of banking experience. He has held senior management positions for over 20 years in both multi-billion dollar regional banks and local community banks. His experience in Indian Country has helped created jobs and provides economic diversity in and around reservations communities. He currently serves on the Board of the Independent Bankers of Colorado.
The Native American Bancorporation Co. was formed in 1998 by shareholders from twenty Tribal Nations and Alaskan Native Corporations to create a national bank to serve all Native people, communities, governments and enterprises across the county. In 2001, Native American Bank, N.A. (NAB) began operating as wholly owned subsidiary of The Native American Bancorporation Co. Both The Native American Bancorporation Co. and NAB are certified Community Development Financial Institutions, whose purpose is to promote economic development in areas that are underserved by traditional financial institutions.
Headquartered in Denver, CO, Native American Bank, N.A. has a retail branch in Browning, MT and a loan production office in Box Elder, MT.