The opportunity expands ability to lend to underserved Native communities
Bank of America has become a shareholder in the holding company of Native American Bank, the only Native-American owned nationwide financial institution. In addition, Bank of America deposited $10 million in the Denver-based bank, providing capital for small businesses, community development projects and consumer lending needs.
NAB is a $180 million asset, state-of-the-art for-profit bank that welcomes all customers, while