by Michelle Mosser | Aug 30, 2021 | Commercial Banking, COVID-19, News
It’s a Wonderful Life, in which the local banker George Bailey (played by James Stewart, left) is the hero © AA Film Archive By Brendan Greeley, Financial Times | August 28, 2021 Darryl Jorgenson steps into his cherry-red Ford pick-up truck and apologises for...
by Michelle Mosser | Aug 2, 2021 | COVID-19, Local Economies, New Mexico, New Mexico News, News
Grant County, New Mexico. Photo by Jay Hemphill By Noah Greenspan, The Daily Yonder | July 29, 2021 A Public Bank of New Mexico can be a tool that would add more financing support for rural infrastructure and community development As a child growing up...
by Michelle Mosser | Jun 10, 2021 | Bank of North Dakota, COVID-19, News, Public Bank, Public Banking
Photo courtesy Bank of North Dakota By Bank of North Dakota | June 9, 2021 The state-owned Bank of North Dakota (BND) reported a profit of $141.2 million in 2020, down from $169 million in 2019 with a return on investment of 15%, according to information...
by Michelle Mosser | Jun 1, 2021 | COVID-19, Economics, National, News, Small Business
For businesses to reopen and cities to bounce back post-pandemic, it’s going to take some work — and maybe some money from this little-known funding program. (Photo by Bernard Spragg. NZ / Public domain) By Oscar Perry Abello, Next City | June 1, 2021 ...
by Michelle Mosser | May 20, 2021 | COVID-19, News, Public Bank, Public Banking, Small Business
Segun Idowu, via Twitter By Jon Chesto, Boston Globe | May 19, 2021 Business group backs setting aside $50 million a year to fund a state-owned lender The Black Economic Council of Massachusetts is throwing its newfound political muscle behind an unusual...
by Michelle Mosser | Apr 27, 2021 | Commercial Banking, COVID-19, News, PPP
Photo by Mike Mozart, Flickr (CC by 2.0) By Alexander Sammon, The American Prospect | April 22, 2021 Last week, the country’s largest banks announced their quarterly earnings, crushing estimates and expectations nearly across the board. It marked another surprisingly...