{"id":110259,"date":"2026-11-04T16:45:15","date_gmt":"2026-11-04T21:45:15","guid":{"rendered":"https:\/\/theturtleislandnews.com\/?p=110259"},"modified":"2026-11-04T16:47:50","modified_gmt":"2026-11-04T21:47:50","slug":"mississaugas-of-the-credit-first-nation-invests-15-million-in-first-nations-bank","status":"publish","type":"post","link":"https:\/\/theturtleislandnews.com\/index.php\/2026\/11\/04\/mississaugas-of-the-credit-first-nation-invests-15-million-in-first-nations-bank\/","title":{"rendered":"Mississaugas of the Credit First Nation invests $15 million in First Nations Bank"},"content":{"rendered":"

\u00a0TORONTO \u2014 -CP-\u00a0 The Mississaugas of the Credit First Nation have become one\u00a0 of the First Nations Bank of Canada’s (FNBC)\u00a0 largest shareholders\u00a0 after investing $15 million into the bank giving it a 10 per cent ownership stake. \u00a0The investment in the\u00a0 Indigenous-owned chartered bank, the only one of its kind in Canada, marks the completion of a $50-million capital raise. \u00a0The FNBC provides commercial and personal banking services including loans, mortgages and investments to both Indigenous and non-Indigenous clients. \u00a0The\u00a0 bank said the investment will\u00a0 allow for expanding its lending capacity while\u00a0 pursuing opportunities in Indigenous business, infrastructure and economic development. Bill Lomax, president and CEO of the bank, made the announcement while speaking at the Canadian Club in Toronto on Wednesday. Bill Lomax, left, President and CEO, First… <\/p>\n

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\u00a0TORONTO \u2014 -CP-\u00a0 The Mississaugas of the Credit First Nation have become one\u00a0 of the First Nations Bank of Canada’s (FNBC)\u00a0 largest shareholders\u00a0 after investing $15 million into the bank giving it a 10 per cent ownership stake. \u00a0The investment in the\u00a0 Indigenous-owned chartered bank, the only one of its kind in Canada, marks the completion of a $50-million capital raise. \u00a0The FNBC provides commercial and personal banking services including loans, mortgages and investments to both Indigenous and non-Indigenous clients. \u00a0The\u00a0 bank said the investment will\u00a0 allow for expanding its lending capacity while\u00a0 pursuing opportunities in Indigenous business, infrastructure and economic development. Bill Lomax, president and CEO of the bank, made the announcement while speaking at the Canadian Club in Toronto on Wednesday. Bill Lomax, left, President and CEO, First... <\/p>\n

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Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":101363,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-110259","post","type-post","status-publish","format-standard","hentry","category-national-news","category-ticker","pmpro-level-required","pmpro-level-3","pmpro-level-2","pmpro-level-5","pmpro-level-4","pmpro-level-6","pmpro-level-7","pmpro-level-8","pmpro-no-access"],"yoast_head":"\nMississaugas of the Credit First Nation invests $15 million in First Nations Bank - The Turtle Island News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theturtleislandnews.com\/index.php\/2026\/11\/04\/mississaugas-of-the-credit-first-nation-invests-15-million-in-first-nations-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mississaugas of the Credit First Nation invests $15 million in First Nations Bank - The Turtle Island News\" \/>\n<meta property=\"og:description\" content=\"\u00a0TORONTO \u2014 -CP-\u00a0 The Mississaugas of the Credit First Nation have become one\u00a0 of the First Nations Bank of Canada’s (FNBC)\u00a0 largest shareholders\u00a0 after investing $15 million into the bank giving it a 10 per cent ownership stake. \u00a0The investment in the\u00a0 Indigenous-owned chartered bank, the only one of its kind in Canada, marks the completion of a $50-million capital raise. \u00a0The FNBC provides commercial and personal banking services including loans, mortgages and investments to both Indigenous and non-Indigenous clients. \u00a0The\u00a0 bank said the investment will\u00a0 allow for expanding its lending capacity while\u00a0 pursuing opportunities in Indigenous business, infrastructure and economic development. 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