{"id":110451,"date":"2026-11-11T11:00:28","date_gmt":"2026-11-11T16:00:28","guid":{"rendered":"https:\/\/theturtleislandnews.com\/?p=110451"},"modified":"2026-11-11T11:00:28","modified_gmt":"2026-11-11T16:00:28","slug":"mississaugas-of-the-credit-first-nation-invest-15m-in-bank","status":"publish","type":"post","link":"https:\/\/theturtleislandnews.com\/index.php\/2026\/11\/11\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\/","title":{"rendered":"Mississaugas of the Credit First Nation invest $15M in bank"},"content":{"rendered":"<p>By Sam Laskaris Writer The Mississaugas of the Credit First Nation (MCFN) is now one of the largest shareholders for the First Nations Bank of Canada (FNBC). The announcement came at last Wednesday\u2019s (Nov 4) Canadian Club lunc heon event. MCFN announced it has invested $15 million into the country\u2019s only Indigenous-owned chartered bank. MCFN\u2019s investment means that it now has about a 10 per cent ownership position in the bank. The First Nation\u2019s investment also enabled the FNBC to complete a $50 million capital raise, which will allow the bank to continue growing and further its ability to lend funds to boost Indigenous business opportunities across the country. MCFN Chief Margaret Sault is extremely supportive of her First Nation\u2019s investment. \u201c It makes good sense,\u201d she said, adding the&#8230; <\/p>\n<div class=\"pmpro\">\n<div class=\"pmpro_card pmpro_content_message\">\n<div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription &#8211; Corporate, Print Subscription Only, Canada Print and Online, and USA Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div>\n<div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2026%2F11%2F11%2Fmississaugas-of-the-credit-first-nation-invest-15m-in-bank%2F\">Log in here<\/a><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Sam Laskaris Writer The Mississaugas of the Credit First Nation (MCFN) is now one of the largest shareholders for the First Nations Bank of Canada (FNBC). The announcement came at last Wednesday\u2019s (Nov 4) Canadian Club lunc heon event. MCFN announced it has invested $15 million into the country\u2019s only Indigenous-owned chartered bank. MCFN\u2019s investment means that it now has about a 10 per cent ownership position in the bank. The First Nation\u2019s investment also enabled the FNBC to complete a $50 million capital raise, which will allow the bank to continue growing and further its ability to lend funds to boost Indigenous business opportunities across the country. MCFN Chief Margaret Sault is extremely supportive of her First Nation\u2019s investment. \u201c It makes good sense,\u201d she said, adding the... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription - Corporate, Print Subscription Only, Canada Print and Online, and USA Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2026%2F11%2F11%2Fmississaugas-of-the-credit-first-nation-invest-15m-in-bank%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":112,"featured_media":110423,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[32,12,13],"tags":[],"class_list":["post-110451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-news","category-slider","category-ticker","pmpro-level-required","pmpro-level-3","pmpro-level-2","pmpro-level-5","pmpro-level-6","pmpro-level-7","pmpro-level-8","pmpro-no-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mississaugas of the Credit First Nation invest $15M in 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\/11\/mississaugas-of-the-credit-first-nation-invest-15m-in-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 invest $15M in bank - The Turtle Island News\" \/>\n<meta property=\"og:description\" content=\"By Sam Laskaris Writer The Mississaugas of the Credit First Nation (MCFN) is now one of the largest shareholders for the First Nations Bank of Canada (FNBC). The announcement came at last Wednesday\u2019s (Nov 4) Canadian Club lunc heon event. MCFN announced it has invested $15 million into the country\u2019s only Indigenous-owned chartered bank. MCFN\u2019s investment means that it now has about a 10 per cent ownership position in the bank. The First Nation\u2019s investment also enabled the FNBC to complete a $50 million capital raise, which will allow the bank to continue growing and further its ability to lend funds to boost Indigenous business opportunities across the country. MCFN Chief Margaret Sault is extremely supportive of her First Nation\u2019s investment. \u201c It makes good sense,\u201d she said, adding the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theturtleislandnews.com\/index.php\/2026\/11\/11\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"The Turtle Island News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TurtleIslandNews\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-11-11T16:00:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theturtleislandnews.com\/wp-content\/uploads\/2026\/11\/mcfn.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sandy\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:site\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sandy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/11\\\/11\\\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/11\\\/11\\\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\\\/\"},\"author\":{\"name\":\"Sandy\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#\\\/schema\\\/person\\\/12f8efd2d424c9cd820883abe58a7d4b\"},\"headline\":\"Mississaugas of the Credit First Nation invest $15M in bank\",\"datePublished\":\"2026-11-11T16:00:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/11\\\/11\\\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\\\/\"},\"wordCount\":723,\"publisher\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/11\\\/11\\\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/theturtleislandnews.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/mcfn.jpg\",\"articleSection\":[\"Local News\",\"Slider\",\"ticker\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/11\\\/11\\\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\\\/\",\"url\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/11\\\/11\\\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\\\/\",\"name\":\"Mississaugas of the Credit First Nation invest $15M in bank - The Turtle Island News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/11\\\/11\\\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/11\\\/11\\\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/theturtleislandnews.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/mcfn.jpg\",\"datePublished\":\"2026-11-11T16:00:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/11\\\/11\\\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/11\\\/11\\\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/11\\\/11\\\/mississaugas-of-the-credit-first-nation-invest-15m-in-bank\\\/#primaryimage\",\"url\":\"https:\\\/\\\/theturtleislandnews.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/mcfn.jpg\",\"contentUrl\":\"https:\\\/\\\/theturtleislandnews.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/mcfn.jpg\",\"width\":1024,\"height\":600,\"caption\":\"MCFN Chief Margaret Sault, fifth from left in front row, and councillor Larry Sault, second from right, attended a major investment announcement in Toronto. 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