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REPORTS AND MEDIA
NEW! Tanya Fiddler, Executive Director of Four Bands Community Fund and Co-Chair of the Native CDFI Network (NCN) testified before an interagency hearing in Los Angeles, California on August 17, 2010 to recommend that modernizations be made to the Community Reinvestment Act (CRA). Fiddler, who testified on behalf of Four Bands and NCN, spoke to regulators about developing strategies to ensure that the CRA effectively promotes financial services to serve Native communities. See the full story including Tanya's recommendations here.
Four Bands was featured in the August 2009 Issue of the Aspen Institute's FIELD Funder Guide. Read here to learn about the challenges and solutions for building credit worthiness and find out how we are helping our customers. Read our latest report: Business Opportunities in the Cheyenne Reservation Market Full Report | Highlights Four Bands invites members of the media to learn more about our story of small business development on the Cheyenne River Indian Reservation. Check out our archived annual reports and newsletters, or read our customer success stories to find out how we are fostering growth and making a positive impact in our area. Contact us to request a media kit or to set up an interview. Between April 2000 and April 2009, Four Bands provided technical assistance and training services to 1,214 adults and 350 youth. 1,450 youth had financial literacy and entrepreneurship education integrated into their curriculums through outreach in our five Reservation schools. 200 people completed a comprehensive business development class and over $1,198,500 in loans helped create and expand 75 Native-owned businesses affecting more than 112 jobs. We have 60 active loans and 80 loans have been paid in full. We’ve been able make successive loans to 29 individuals. 30 of these loans totaling $63,664 were awarded to help individuals repair their credit histories. Our IDA savings program has committed more than $212,633 in savings match to 49 adults and 37 youth for asset-building goals—money to purchase or renovate a home, start or expand a business, or pursue further education. Using money from their IDA savings accounts, 14 families have gone on to buy or renovate homes, 17 are financing further education opportunities, and 4 have used the funds to open or grow their businesses. |
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