The Native Financial Education Coalition (NFEC) was founded in 2000 as a result of a Department of Department of Treasury initiative on financial literacy. The original Native working group evolved into NFEC and expanded their members and services, supported until 2009 by First Nations Oweesta Corporation (Oweesta). After a period of dormancy, the National Congress of American Indians (NCAI), Oweesta, and many interested partners sought to revive NFEC in mid-2012. Efforts focused initially on consumer financial protection and are now moving forward with a focus on April National Financial Literacy Month.
As the result of a February 2012 survey and a series of NFEC meetings, partners have defined goals to include:
- Bringing partners together
- Research and best/promising practices
- Awareness campaigns at all levels
- Community well-being
If you are interested in recieving updates from NFEC about Native financial education efforts, please email nfec@ncai.org