Move threatens tribal economies as CDFLs preovide lending services in rural areas that are often banking deserts
Roughly 25 years ago, only one percent of all small businesses on the Cheyenne River Reservation in northwestern South Dakota were Native owned despite Native people making up more than 90 percent of the reservation population. That all changed when Four Bands Community Fund, a Native Community Development Financial Institution, came to town.As of October 2025, more than 15 percent of sm...
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