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Your State Could Decide to Open a Bank
People pass a check cashing service center in Brooklyn, New York. Backers of state-run banks say the institutions could help people open accounts by reducing typical bank charges and fees, allowing people to stop using expensive check cashing services.Bebeto...
Payday loans are a problem. Can a public bank be part of the solution?
Cash Loans, which is located at 8314 S. Kedzie Ave. in the Ashburn neighborhood, offers high-interest loans to consumers. Pat Nabong/Sun-Times By CST Editorial Board / Chicago Sun-Times | December 5, 2021 Bringing affordable banking services, including...
Keeping the Money at Home: Thoughts on A Public Bank for New Mexico
By Susannah Abbeys / bernalillodems.org | December 4, 2021 Q&A with Sarah Manning: Sarah Manning is a coordinator of outreach and public partnerships for the Alliance for Local Economic Prosperity (AFLEP), a nonprofit organization that educates and...
Returning Morality to Small Dollar Lending
By Sabrina Minhas / The Regulatory Review | November 17, 2021 Scholar argues that policymakers should reexamine usury laws and introduce public banking to combat payday lending. How can regulators make capitalism more moral? In a recent article, Mehrsa...
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Episode: Everyone deserves a public bank
Join those who’ve endorsed a Public Bank for New Mexico
“I had the good fortune to work on this initiative before Bernie kidnapped all my time. This is one of those no-brainer initiatives that only the 1% could oppose. It has the potential to save the state millions of dollars by vastly reducing the cost of its bonds to improve infrastructure funding. in a public bank, our state funds can be used to build our local economy and our local infrastructure.”
– Paul Gibson
Retake Our Democracy