State Small Business Credit Initiative July 16, 2021 As part of the $1.9 trillion American Rescue Plan, the State Small Business Credit Initiative (SSBCI) has been resurrected with some new guidelines that will benefit Native communities. In the past, this program channeled federal dollars through state-run loan programs to small businesses. But
Supporting Ag Producers, Small Business Owners, and Families July 15, 2021 As the COVID-19 pandemic hit, Four Bands pivoted our operations to focus on recovery and resiliency. Many of the ag producers, small business owners, and families we work with struggled through the economic shutdown. But, they all made it through! We leveraged partnerships with
Join us in welcoming our new team members July 1, 2021 Tori Chasing Hawk In her position as Loan Administrator, Tori is often times the first point of contact for our clients, providing program information to those who make inquiries. Tori serves as the main interface for clients who are in the process of accessing
Our tax preparation service brought $3.5M to Cheyenne River households! June 30, 2021 Every year Four Bands operates a Volunteer Income Tax Assistance (VITA) site where we help people file their income tax returns free of charge. With a new touchless system to ensure everyone’s health and safety during the COVID-19 pandemic, several staff and
USDA launches resource guide to help America’s rural workforce build back better. June 10, 2021 United States Department of Agriculture (USDA) Deputy Under Secretary for Rural Development Justin Maxson unveiled a resource guide to help rural community leaders start and expand employment opportunities and access resources to train, recruit, and create a sustainable rural workforce.
New FSA Guaranteed Lender Status will support increased capital needs of Native farmers and ranchers. March 5, 2021 Four Bands Community Fund is pleased to announce we have been approved as a lender in USDA’s Farm Service Agency (FSA) Guaranteed Farm Loan Program. With this new designation, we will have the ability to deploy agriculture
Seeking Qualified Applicants for Two Open Positions March 2, 2021 Four Bands is excited to announce that we’re hiring for two positions – a Business Loan Officer and a Loan Administrator. Both positions will play critical roles within our organization to create access to capital on the Cheyenne River Sioux Reservation and for tribal members
Webinar: Increasing the Number of Volunteer Income Tax Assistance (VITA) Sites, Account Access, and Economic Inclusion in South Dakota On February 24, 2021 at 1:00pm Mountain Time, the Federal Deposit Insurance Corporation (FDIC) and Internal Revenue Service (IRS) will host a webinar to discuss economic inclusion, the Volunteer Income Tax Assistance (VITA) Program, and the
Part of the American Indian Studies Speaker Series February 23, 2021 Alissa Benoist, Four Bands’ Program Coordinator, will be discussing the topic of financial sovereignty as part of Black Hills State University’s Center for American Indian Studies Speaker Series. The virtual presentation will take place on Tuesday, February 23, 2021, at 12:30pm Mountain Time. Those
Same great service offered in a new way this year! January 25, 2021 Four Bands Community Fund will be offering our annual free tax preparation services from February 1st through April 15th. To keep staff and community members safe during the ongoing COVID-19 pandemic, these services will be offered through a drop-off system this
New funds to make homeownership affordable for more families! December 17, 2020 Four Bands Community Fund received a $114,000 Housing Opportunity Fund award from the South Dakota Housing Development Authority (SDHDA). The award was part of $12 million awarded for affordable housing across the state. We will use the award to provide down payment assistance
December 7, 2020 Four Bands Community Fund recently seated three new members to our Board of Directors, including: Noorie Brantmeier (Arapaho and Saponi), a partner at Seven Sisters Community Development Group and Associate Professor at James Madison University. Stewart Sarkozy-Banoczy, Managing Director, North America / Global Strategic Partnerships Lead, Global Resilient Cities Network and
Small businesses create jobs, generate income, and support our community. Behind every small business is a family that is passionate about their line of work and cares about making our community a better place. Although many of our small business owners work well beyond 40 hours per week, most bring home only modest incomes.
Funds Directed to Organizations Serving Small Businesses Owned by People of Color and Households Most Impacted by COVID-19 November 20, 2020 The Citi Foundation today named 30 Community Development Financial Institutions (CDFIs) that will collectively receive $15 million to support their efforts to provide small businesses with the vital resources needed to sustain their
This tax season, we helped our community members save $144,000 in commercial tax preparation fees! November 19, 2020 Every year Four Bands operates a Volunteer Income Tax Assistance (VITA) site where we help people file their income tax returns free of charge. An important part of this work is making sure they claim all of
We’re here to help! October 23, 2020 If you have been financially impacted due to COVID-19, the SD CARES Housing Assistance Program (SDCHAP) may provide temporary rental, mortgage, or utility assistance for South Dakota residents who: Owe past-due rent or utilities because they have experienced a particular loss due to COVID-19; Have incomes at or
Many have experienced delays or difficulty in accessing financial relief. September 18, 2020 The Internal Revenue Service (IRS) estimates that approximately nine million people have not yet received their stimulus payments, officially known as Economic Impact Payments. Implemented as part of the CARES Act to help offset the financial effects of the COVID-19 pandemic, the
Spanning North Dakota, South Dakota, Montana, and Wyoming, The Mountain | Plains Regional Native CDFI Coalition is comprised of a group of Native-led community loan funds, also known as Native community development financial institutions (CDFIs), that create economic opportunities for tribal members. Organizations participating in the Coalition include Four Bands Community Fund, Lakota Funds, Akiptan,
Shari Ducheneaux Commits to Success Despite Pandemic-Induced Downturn June 9, 2020 In the midst of the COVID-19 pandemic, Ubetcha Wateca celebrated one year at their new location in the Four Bands Business Incubator. Prior to moving into their first brick and mortar space, Ubetcha Wateca operated in a food truck for four years. “It has
During a health crisis, the underserved and those facing financial obstacles are often hit the hardest. For this reason, First Interstate and its Foundation have worked to proactively provide support in the form of donation dollars to Community Development Financial Institutions (CDFIs) across our footprint. CDFIs provide affordable financing to underserved areas, primarily in minority
Office Access Restrictions March 19, 2020 With our community and relatives being the focus of our concerns, we are modifying our operations to offer as much continuity, security, and safety as possible. Effective at 5 pm Friday, March 20, 2020, and until further notice, Four Bands will be closed to the public. All of our
Alissa Benoist Selected for Leadership Group for MIT’s 2019 Indigenous Communities Fellowship April 2, 2019 Four Bands Community Fund is pleased to announce that our Program Coordinator, Alissa Benoist, has been chosen to be a part of the Leadership Group for Massachusetts Institute of Technology (MIT) Solve’s 2019 Indigenous Communities Fellowship. The Leadership Group was
Giving Tuesday (also known as #GivingTuesday on social media) has become a well-known global day of giving that is celebrated the Tuesday after Thanksgiving. Following the widely recognized shopping events, Black Friday and Cyber Monday, Giving Tuesday is meant to inspire generosity during the holiday season. And, many nonprofits leverage the day to boost donations.
The National Center for American Indian Enterprise Development (the National Center) announced its 2018 class of “Native American 40 Under 40” award recipients today. Nominated by members of their communities, this prestigious award is bestowed to individuals under the age of 40 who have demonstrated leadership, initiative, and dedication and have made significant contributions in