Northeast Nebraska Tribe Invests in Native American Bank
Ho-Chunk Inc., the Winnebago Tribe of Nebraska's economic development corporation, has become a major shareholder in Native American Bancorporation, the Denver, Colo.-based holding company of Native American Bank. The bank is owned by 28 federally recognized tribes, Alaska Native Corporations and tribal organizations. “We have made a concerted effort to source projects that meet the bank’s mission while providing economic diversity and meaningful jobs," said Thomas Ogaard, president and CEO of Native American Bank and Native American Bancorporation. "The capital support provided by Ho-Chunk, Inc. is a valuable resource that allows us to continue these efforts, grow the bank and make a difference in the lives of the people we serve.”