The Yavapai-Apache Nation’s loan fund was recently certified as a Native community development financial institution (CDFI) by the CDFI Fund. The Yavapai-Apache Nation Community Development & Financial Institution (YAN CDFI) in Camp Verde, Arizona, incorporated in 2004, provides financial products and education to existing tribal businesses, members of the Yavapai-Apache Nation and members of other tribal nations in Arizona.
“First Nations Oweesta Corporation is pleased to announce that the Yavapai-Apache Nation Community Development & Financial Institution is a newly certified Native CDFI,” said Jon Panamaroff, acting chief operating officer and director of lending operations for Oweesta. Panamaroff also shared, “The Yavapai-Apache Nation CDFI plays an important role in their community by providing access to financial resources and critical services for economic development.”
Stephen N. Earnhardt, YAN CDFI’s executive director, expressed his enthusiasm.
“We are excited to finally become certified. It was a long road for us that required a lot of hard work, dedication and training,” said Earnhardt. “Thankfully for a great network of people we were able to accomplish this goal. I would like to personally thank everyone, especially Oweesta, Fund Consulting, past and current Yavapai-Apache Tribal Council and leaders, past and current YAN CDFI staff and board, for their assistance and continued support. This will enable us to better serve the Yavapai-Apache Nation’s members and the residents here in the Verde Valley.”
YAN CDFI also offers development services in the Verde Valley, including one-on-one assistance and classroom financial literacy education, business planning and classes, and operational consulting.
For more information on the Yavapai-Apache Nation Community Development & Financial Institution, visit their website at www.yancdfi.com.