Grand Island, Nebraska — August 31, 2023, Native360 Loan Fund, a certified Native Community Development Financial Institution (CDFI) dedicated to improving the economic well-being of Native American citizens, has been granted a significant sum of $1.5 million by Wells Fargo. This generous grant is set to significantly fortify the groundwork of Native360’s pivotal initiative, the Native American Great Plains Lending Hub. In collaboration with Wells Fargo and the University of Nebraska, Native360 has also bestowed $42,500 in educational scholarships to Native American students.
Wells Fargo Grant for Native360 Loan Fund of $1.5M
This grant signifies a pivotal moment in Native360’s relentless mission to provide accessible financial resources and unwavering support to Native communities. The funds from Wells Fargo will be strategically deployed to enhance and fortify Native360’s capabilities, thereby fostering growth, development, and an expanded range of services across Nebraska, Kansas, Iowa, and South Dakota.
Upton conveyed heartfelt appreciation to Wells Fargo for this prestigious award and their unwavering support for Native communities. This grant reflects Wells Fargo’s dedication to empowering Native360’s mission of economic advancement for Native American citizens. Upton looks forward to a continued partnership with Wells Fargo that will create lasting positive impacts in these communities.
Empowering Native Entrepreneurs and Homeowners
The grant awarded by Wells Fargo will be thoughtfully allocated to expand Native360’s lending programs and financial services. This strategic expansion is set to empower Native entrepreneurs and homeowners, fostering economic growth and stability within Native communities.
Pete Upton, CEO of Native360 Loan Fund, expressed his enthusiasm for the Wells Fargo grant, stating, “We are truly honored to receive this generous grant from Wells Fargo. This investment will be instrumental in advancing our mission of economic empowerment within Native American communities. It’s a significant step forward in our commitment to providing accessible financial resources, supporting education, and ultimately fostering positive change. With this grant, we are poised to make a lasting impact in the Great Plains region, empowering individuals, entrepreneurs, and homeowners alike.