Year: 2020

Leech Lake Financial Services Updates Due To COVID-19

As we continue to experience uncertain times, your safety and well-being are at the top of our priority list. This includes your financial health. With that in mind, we’ve made some temporary changes to how we operate in order to increase our support and flexibility to you. LLBO has notified us that individuals with LLFS…
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From Renter to Owner: Williams Uses Financial Training, Overcomes Odds, and Buys Home

CASS LAKE (MN) – When Leech Lake Financial Services first offered its two hour “Credit Building on the Rez” training, Robin Williams was the first to sign up.  Robin was sick of paying rent.  Year after year she bought into the mentality that home ownership can’t be achieved by Reservation Indians.  Mortgages were too hard…
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Fineday Uses New Skills to Make Big Improvements

CASS LAKE (MN) – Diane Fineday started working with Leech Lake Financial Services in December 2015. The goal was to clean up her credit history, and enlisted the help of the one-on-one credit counseling at LLFS. “We took a hard look at my credit history and my bills, but LLFS made me feel so comfortable…
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J&A Concrete and Masonry, LLC

With the 2016 concrete season in full swing, I am happy to announce that our company is doing great!  We are projected to have an increase in profit from last year.  We also have been able to keep our main apprentice in full time work for most of the summer.  This is especially important as…
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For Missy Bowstring, LLFS Is More Than Just Personal Loans

For Missy Bowstring, a member of the Leech Lake Band of Ojibwe, Leech lake Financial Services (LLFS) has been more than a place to get a personal loan.  She received the load in May, but she often gets in touch for other kinds of financial help. “I can always call LLFS and ask questions, even…
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LLFS receives grant from Blandin Foundation that has helped 7 people in our community purchase safe vehicles

The Blandin Foundation Leech Lake Financial Services would like to thank the Blandin Foundation for the grant award of $100,000. The grant allowed us to run a successful Pilot Program for our Auto Loan program to our community. We were able to provide 7 loans totaling approximately $94,000 to community members, so they could have…
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Leech Lake Financial Services To Issue Interest-Free Emergency Loans To Area Small Businesses

CASS LAKE, MN – Leech Lake Financial Services was approved by the Minnesota Department of Employment and Economic Development (DEED) to be a lender for its Small Business Emergency Loan (SBEL) program. DEED has established a loan program to assist small businesses directly and adversely affected and whose industry is named in Executive Orders 20-04 and 20-08 following the…
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Initiative Foundation grants $10,000 to fund our individual financial coaching

Leech Lake Financial Services received $10,000 from the Initiative Foundation to fund our one-on-one financial coaching in Cass Lake, MN. This grant will help us support our community through assist with basic budgeting, financial goals which will ultimately improve the recipient’s credit and buying power. Initiative Foundation grants are awarded to Central Minnesota nonprofits and…
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LLFS Is A Volunteer Income Tax Assistance (VITA) Site

We’re now a Volunteer Income Tax Assistance (VITA) site! VITA is a program that offers free tax help to people who need assistance in preparing their own tax returns. Rob and Lynn are IRS-certified volunteers providing free basic income tax return preparation with electronic filing to qualified individuals. So grab your paperwork and come on…
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MN DEED Grants $100,000 for Small Business Loan Program & USDA RBDG Grants $136,571 for LLFS Incubation Spaces

Leech Lake Financial Services would like to thank Minnesota Department of Employment and Economic Development for the 2019 grant award of $100,000 and USDA – Rural Business Development Grant of $136,571. These grants will be used to remodel LLFS into Incubation spaces. We have launched an online platform to assist our clients in our business…
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