The year-end matching challenge fund drive is within sight of its first goal thanks to recent substantial donations! We’re overwhelmingly grateful. Can you help today by investing in our movement to build public banks nationwide to support the thriving communities we all want and deserve? As we look ahead, we see the critical need to build …
Nelson Betancourt and Eli LaSalle, advocates and organizers with Public Bank Orange County (PBOC), set up a public banking advocacy table and booth at a recent VegFest in Orlando on October 28 to inform attendees of recent public banking developments and sign up new Friends of Public Banking in Orange County, Florida. (Banners and tri-fold brochures used …
In her latest article on ScheerPost, PBI Co-chair Ellen Brown shares timely insights gained from our national holiday: Three U.S. presidents were instrumental in establishing Thanksgiving as a regular national event. On October 3, 1789, George Washington declared the first federal Thanksgiving holiday. In 1863, Abraham Lincoln made it an annual federal holiday. And in 1941, …
From AFLEP: On October 13, 2023, AFLEP Executive Director Angela Merkert faced four community bankers, plus two CEOs of NM Bank Associations — a formidable six-headed Banking Bull harnessed to the status quo who echoed “there’s not a problem!” By their side was The NM Finance Authority offering research that affirmed our findings but with small fixes and …
Politicians often ask, “Why do we need public banks? We already have institutions that make loans into the local economy.” But those institutions aren’t nearly as effective at protecting the interests of the people. To demonstrate why public banks are unmatched for improving local economies, PBI has created a new infographic At-A-Glance: How Public Banks Excel. The infographic makes it easy …
JUST LAUNCHED: At-A-Glance: How Public Banks Excel Infographic Read More
Donate here The At-A-Glance: How Public Banks Excel infographic launched today is the latest illustration of how your financial support is put to work for the growth and empowerment of the entire public banking movement. Our matching challenge fund drive begins today. Your contribution now toward our goal of $15,000 will be amplified through the matching grants we will soon …
Matching challenge fund drive begins! Building public banks nationwide Read More
Public Bank East Bay makes history as it hires its first CEO, Scott Waite, becoming the first public banking effort in the nation to bring on a chief executive as well as a prospective board, led by Co‐Chairs Paulina Gonzalez‐Brito and Jennifer Esteen, for the planned public bank. Waite is tasked with completing the public bank’s business plan required to apply …
On Tuesday, Sept. 5, San Francisco’s Board of Supervisors unanimously passed a resolution to accept the business and governance plans for both the Municipal Finance Corporation and the Public Bank. With the Board’s go-ahead, San Francisco is able to start implementing its own publicly owned financial corporation, which would then be converted into the city’s first public bank. …
Despite an outpouring of support for the bill from public banking advocates and a broad spectrum of organizations, Oregon Governor Tina Kotek vetoed the State Bank Task Force bill, HB 2763 on August 4th. The objection she gave publicly was a logistical one and remained unchanged. Photo by David Grant.
Oregon Governor Tina Kotek issued a notice on Friday July 28 that she may veto the State Bank Task Force bill, HB 2763. In response, PBI has written an open letter to Gov Kotek urging her to sign: The PBI Board asks that Gov. Kotek deliver to Oregonians the opportunity to create this powerful engine to ensure their own economic future as …
Oregon took an important step toward a state public bank as the State Senate passed the State Bank Task Force bill, HB 2763, on June 23, following its passage by the House on June 14. It awaits Governor Tina Kotek’s signature. The legislative session adjourned June 25. The bill establishes a 19-member task force selected by the Governor, the President of the …
