• Home
  • News & Events

News

<< First  < Prev   1   2   3   4   5   ...   Next >  Last >> 
  • 02 Jun 2021 9:05 AM | Christy Finsel (Administrator)

    The purpose of the Native Bank On ONAC Initiative is to promote greater access to financial services in Native communities. An important part of expanding such access is establishing the opportunity for Native peoples to open safe and affordable transactional financial accounts. The Native Bank On ONAC initiative is housed within the Oklahoma Native Assets Coalition, Inc. (ONAC), which has administered the first national Native banking access initiative in the U.S. since 2019.  While ONAC was started in Oklahoma in 2001, it has kept its name and serves Native communities throughout the country. 

    The national Bank On initiative (of which Native Bank On ONAC is a part) supports accounts that meet specific national certification standards that are designed to create low-cost accounts that help unbanked and underbanked individuals have greater access to safe, affordable, and effective mainstream financial services and products. 

    As part of our Native-focused Bank On promotional efforts, ONAC 1) provides Native-specific banking access resources; 2) works with financial institutions as they apply to certify specific accounts with the Cities for Financial Empowerment Fund (the lead national organizations that supports Bank On goals); 3) helps to connect Native programs working on improving banking access to financial institutions interested in promoting Bank On certified accounts to tribal citizens; and 4) provides current Bank On account information to the tribal citizens ONAC serves through the various asset building programs it administers.

    Please complete the interest form to express your interest to ONAC in Native-related banking access issues and coalition activities.  Here is a link to the form: https://www.surveymonkey.com/r/NativeBankOnONAC

    Thank you for all your work to support banking access in Native communities!

  • 01 May 2021 8:30 PM | Christy Finsel (Administrator)

    We invite you to Join us for a webinar, Meeting the Financial Services Needs of Native Americans: Native Bank On ONAC, to be held on May 20, 2021, from 1-2:30 p.m. CT.   

    Description of the webinarThe Federal Deposit Insurance Corporation (FDIC) hosts this webinar to offer strategies for reaching unbanked Native American households, which have the highest unbanked percentage of any population. Presenters from Native Bank On ONAC (Oklahoma Native Assets Coalition, Inc.), two Bank On coalition-member banks, and the Cities for Financial Empowerment Fund (CFE) will detail how the partners target Native American consumers with accounts certified by the CFE. The FDIC will share resources from its GetBanked campaign. 

    Registration link: https://web.cvent.com/event/5e69dafb-186e-4e43-a998-719892e7eef4/regProcessStep1

  • 31 Jan 2021 5:14 PM | Christy Finsel (Administrator)

    Resource Guide for Native Women Entrepreneurs in the United States

    Oklahoma Native Assets Coalition, Inc. (ONAC)

    February 2021

    In July 2020, ONAC distributed a survey to Native women entrepreneurs. As a follow-up to that survey and the summary data report ONAC published in November 2020, ONAC has generated a resource guide for Native women entrepreneurs in the U.S. (American Indians, Alaska Natives, and Native Hawaiians). 

    Resources Needed

    In their online ONAC survey responses, Native women entrepreneurs shared their challenges and desire for more resources in three key areas including: 1) Business Education 2) Financial Services and Products, and 3) Mentorship.

    Business Education

    Native businesswomen are interested in online and in-person training workshops, one-on-one entrepreneurship technical assistance, and entrepreneurship-related degree programs.  

    Financial Services and Products

    Native businesswomen expressed a need for increased access to capital for small business start-up and expansion.

    Mentorship

    Business mentorship is one more request from Native businesswomen. Mentoring support could come from participation in Native chambers of commerce events, coalition conferences, and other Native-led mentoring networks. 

    Note About Possible Missing Resources

    This document includes an initial compilation of resources that are available for Native women entrepreneurs across the country. These resource lists are not exhaustive. The descriptions of the resources are attributed to the entities providing information about their work. While ONAC staff tried to conduct a thorough search, given the number of federal and state recognized tribes, Native nonprofits, funding entities, associations, federal resources, etc., we may have inadvertently missed resources for this guide. To recommend additional resources, contact Kristen Wagner, ONAC Program Manager, at kwagner@oknativeassets.org.

     

  • 14 Jan 2021 8:00 AM | Anonymous

    The Oklahoma Native Assets Coalition, Inc. (ONAC) has partnered with IRS Stakeholder Partnerships, Education, and Communication (SPEC) and agreed to post a link on our website to MyFreeTaxes.com.  

    For the next tax season, if you are a filing a simple return, you are invited to file your state and federal returns, for free, by using this MyFreeTaxes link: https://www.unitedway.org/myfreetaxes/.

    Since 2009, MyFreeTaxes has helped millions of taxpayers claim their eligible tax credits.  It saves every consumer an average of $200 on tax filing fees, and ensures they get their maximum refund.  The IRS is promoting this partnership. 

    Please note: If you, or someone you know, have less than $51,464 ($57,414 if married filing jointly) in adjusted gross income, you may be eligible to claim the Earned Income Tax Credit (EITC).  Here is more information on EITC: https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/earned-income-and-earned-income-tax-credit-eitc-tables.

    For those wishing to file in person at a Voluntary Income Tax Assistance (VITA) site, you may search for sites near you at https://www.irs.gov/individuals/free-tax-return-preparation-for-qualifying-taxpayers. 

    After you select the link above, scroll down to Find a VITA or Tax Counseling for the Elderly (TCE) Site Near You.  You will need to use both the VITA/TCE Locator Tool, as well as the AARP Tax-Aide Site Locator Tools to obtain a complete list. 

  • 16 Nov 2020 1:33 PM | Christy Finsel (Administrator)

    The Oklahoma Native Assets Coalition, Inc. (ONAC) has released a summary data report entitled, "Native Women Business Owners: Building Assets, Strengthening their Communities, and Working to Close the Women's Wealth Gap."   For more information about the report, contact Christy Finsel, ONAC Executive Director, at cfinsel@oknativeassets.org. 

  • 20 Oct 2020 4:38 PM | Christy Finsel (Administrator)

    Here is a handout with information provided by ONAC grantees regarding how they delivered remote and/or socially distanced Volunteer Income Tax Assistance (VITA) services during the 2020 tax season and shutdowns associated with the COVID-19 pandemic.

    The handout includes a summary of the ONAC grantee 2020 VITA service efforts based upon direct excerpts from grant reports submitted by each grantee that provide more details about their overall experience and the adjustments they made to provide tax filing services in their communities during the COVID-19 pandemic. ONAC let the grantees know that we were collecting information from their reports for this handout. The summary attributions are included in the handout. 

    Due to necessity, both tax preparers and filers are now using technology that they may not have used before to successfully complete remote tax filings. While providing VITA services to their local Native communities, these Native-led VITA programs are striving to keep both the preparers and filers as safe as possible. 

    We hope this information might be useful to those providing Native VITA services. 

    A big thank you to the Native VITA programs that shared their innovations. 

  • 24 Sep 2020 1:58 PM | Christy Finsel (Administrator)

    The Oklahoma Native Assets Coalition, Inc. is offering a resource guide for Native financial educators and coaches that might need assistance as they move from offering in-person to remote teaching and coaching sessions during the COVID-19 pandemic. The guide also includes a resource list with Native-specific financial education materials and other related resources. To view the guide, go to https://bit.ly/ONACGoingRemote. To view the video that accompanies this guide, go to https://youtu.be/v9FCIpePMMw. 


  • 23 Sep 2020 9:32 AM | Christy Finsel (Administrator)

    For those who are American Indian, Alaska Native, or Native Hawaiian, and interested in one-on-one credit counseling, homebuyer education, and/or money management coaching, ONAC provides these resources to you for no cost.  These services are available via phone and teleconference. To register for this financial coaching, please complete the registration form by clicking on this link: https://www.surveymonkey.com/r/ONACcounselingregistration. Within a few days from when your registration form is received, ONAC’s financial counselor, Ms. Felecia Freeman (Citizen Potawatomi Nation), will contact you to schedule an appointment. If you would like to learn more about these services, please contact our Program Manager, Kristen Wagner via email at kwagner@oknativeassets.org or by phone at (314) 626-3086.

  • 14 Sep 2020 8:44 PM | Christy Finsel (Administrator)

    Our Native asset building coalition is aware of the need for more tribal citizens to have information about how to claim their federal Economic Impact Payment (EIP), if they have not done so already. 

    Here is a flyer with steps that those who are eligible to receive the EIP, and have not yet received that payment, can take to claim those funds. 

    We have also included information about resources for tribal citizens to open a safe and affordable bank account to hold their EIP. 

    You are welcome to distribute this flyer to those who still may need this information. 

  • 30 Jul 2020 10:26 AM | Christy Finsel (Administrator)

    Oklahoma Native Assets Coalition, Inc. (ONAC) Provides Emergency Cash Assistance to Native Families During the COVID-19 Pandemic

    With the COVID-19 pandemic continuing to spread rapidly across the U.S., American Indian and Alaskan Native communities are especially vulnerable. 

    In May, the Oklahoma Native Assets Coalition, Inc. (ONAC) launched the first ever national Native-led emergency cash assistance program for Native families. Through this program, supported by a $400,000 grant from the Wells Fargo Foundation, ONAC is providing 550 emergency cash assistance grants ($500 per household) and is currently working to raise additional funds to support even more families. 

    “The pandemic is taking a disproportionate toll on the health and economy of tribal communities and we know many Native American/Alaska Native’s are feeling uncertain about how they are going to pay rent, buy food, or keep up with monthly bills,” said Darlene Goins, head of financial health philanthropy at Wells Fargo. “We applaud ONAC for quickly stepping up to the challenge of getting direct cash assistance into the hands of these families to help them weather the storm.”

    The first round of emergency cash assistant grants, which do not need to be re-paid, went out to 120 Native families starting on June 5, 2020, and ONAC is currently working with pre-determined tribal and other Native-led nonprofit partners to identify others in need. Applicants are sent non-transferable links to the application. Program participants also receive wrap-around services, such as free financial coaching.

    The grant funds have allowed ONAC, and its Native partners, to quickly launch emergency cash assistance support and services directly to Native families that are not otherwise being offered. To help ONAC directly serve more Native families, please consider making a donation at https://give.classy.org/COVIDONAC.

<< First  < Prev   1   2   3   4   5   ...   Next >  Last >> 

Oklahoma Native Assets Coalition 
(405) 401-7873

Powered by Wild Apricot Membership Software