by Michelle Mosser | Feb 24, 2021 | Commercial Banking, National, News, Public Bank, Public Banking
Photo by Theodore Lee, Flickr (CC BY-NC-ND 2.0) By Linda Lutton, WBEZ Chicago | February 24, 2021 Chicago’s City Council this week is applying pressure to banks to improve their dismal mortgage lending records in Black and Latino neighborhoods, using a pair of...
by Michelle Mosser | Oct 2, 2020 | Commercial Banking, Economics, Local Economies, National, News
Image by Eric Perlin from Pixabay By Saqib Bhatti and Brittany Alston, Action Center on Race & the Economy | September 4, 2020 As the nation adjusts to the new reality of life in a pandemic, it has become clearer than ever before that a robust social safety...
by Michelle Mosser | Sep 15, 2020 | Commercial Banking, News
Photo by Oscar Perry Abello By Oscar Perry Abello, Next City | September 15, 2020 When two banks merge, it’s often bad news for at least one of those bank’s communities. They could be merging because one of the two banks has failed, and regulators from the...
by Michelle Mosser | Jun 15, 2020 | Commercial Banking, Economics, New Mexico, New Mexico News, News, Public Bank, Public Banking
Image courtesy occupy.com By Paul Gibson, Retake Our Democracy | June 13 2020 Like the gas & oil industry, the banking industry was teetering on the verge of collapse well before COVID-19. Many feel a recession worse than 2008 lies ahead. A public bank could...
by Michelle Mosser | May 12, 2020 | Commercial Banking, COVID-19, Economics, News, Small Business
Photo by Phil Trease / CC BY-NC 2.0 By Oscar Perry Abello, Next City| May 12, 2020 To bolster the local economy and support small businesses, we need institutions that support small banks. Local economy advocate Stacy Mitchell saw reports about how the...
by Michelle Mosser | May 6, 2020 | Commercial Banking, COVID-19, Local Economies, News, Public Bank, Public Banking
Photo: Beaver’s Cafe in Minto, ND. (By Eric Hylden/Grand Forks Herald) By Peter Rudegeair, Orla McCaffrey and Liz Hoffman, The Washington Post | May 4, 2020 Where big banks are favoring certain customers for PPP loans and delaying loan-taking processes...