Native American Bank Receives Bank Enterprise Award from U.S. Treasury's CDFI Fund
Native American Bank 2014
In 2014, Native American Bank received a Bank Enterprise Award (BEA) in the amount of $355,000 in recognition of the financial service provided to economically distressed communities. This award was part of the fiscal year 2014 BEA Program offered by the U.S. Department of Treasury's Community Development Financial Institutions Fund (CDFI Fund).
"We were pleased to receive the highest amount awarded to a number of institutions," stated Tom Ogaard, President and CEO of Native American Bank, "This award will benefit a number of Native American economic activities around the country by allowing us to leverage it and provide capital resources where it is needed."
This award will assist Native American Bank to move forward in its mission to provide access to financial services for Alaska Native and Native American communities creating economic independence, development and sustainability.