With an emphasis on budgeting, investing, and planning for the future, financial education empowers Indian trust beneficiaries to grow and sustain personal wealth.
Financial education is an important initiative. OST is consolidating its financial education programs into one holistic platform. This important initiative is being led by a Director of Financial Education. The latest news about OST's financial education platform is available here.
OST field offices list local financial education events on their web pages (see Upcoming Events on each field office page). To find an OST field office near you, click here.
OST is partnering with other agencies and oversight bodies involved in consumer financial literacy for the benefit of Native American communities. Agencies include the Financial Industry Regulatory Authority, the Securities and Exchange Commission, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, the U.S. Treasury, and the Financial Literacy and Education Commission. This effort gathers the best educational material, streamlines the data that OST provides to beneficiaries, and builds coalitions so that OST serves as a financial education provider to Indian Country. It also creates a central platform for tribes seeking to empower their communities with lifetime financial knowledge to positively impacts families for generations.
OST is also partnering with the First Nation's Development Institute to provide an online financial skills training program tailored to youth. Visit First Nation's Invest Native Personal Finance Program to access this training. They have great learning resources regarding financial skills beyond IIM accounts.
Individual Indian Money (IIM) training is available now: IIM Financial Empowerment