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Reclaiming Public Development Banks to Finance a Sustainable & Equitable Recovery Post COVID-19
Image of KfW’s headquarters in Frankfurt via KFW.de By Thomas Marois and Maria Jose Romero, In Depth News | November 8, 2020 Those who work in the world’s public development banks will meet virtually on November 11-12 to discuss their response to the...
How The US Could Achieve 100% Financial Inclusion Through Local Public Banking
Photo by Jack Cohen on Unsplash By Nik MIlanovic, Forbes | November 3, 2020 The public banking model proposed in this article is not the same as the one proposed for NM, which is one that supports local revenues staying in the community for local benefits....
Buying Local, Expanding Agriculture
Food Depot warehouse in Santa Fe. Photo by Anson Stevens-Bollen By Katherine Lewin, Santa Fe Reporter | October 28, 2020 A New Mexico public bank could reduce the cost of expanding the state’s agricultural infrastructure County commission passes...
Downturns may be the best time to start a bank with a mission to serve underserved or disinvested communities
Southside Community Development and Housing Corporation recently obtained a loan from Virginia Community Capital to purchase this building and the vacant lot next door to provide rental units for prospective first-time homebuyers. (Photo courtesy Dianna Bowser) By...
PNM merger could help the company make significant strides in transition to renewable energy
PNM solar array in Santa Fe County, courtesy of PNM By Collin Krabbe, Albuquerque Business First | October 21, 2020 A New Mexico Public Bank could reduce the need for our energy companies to create deals and mergers with out-of-state companies as New Mexico...
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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