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To Keep the Economy Afloat, the Fed Turns to North Dakota
Photo: The nation’s only state-owned bank serves as a model for how the U.S. is fighting the economic damage of the pandemic. (Photo by Kaya / CC BY-NC-ND 2.0) By Oscar Perry Abello, Next City | Apr 29, 2020 Bankers generally don’t like surprises. But as CEO at...
Bank of North Dakota Announces Student Loan Relief Options
Photo by Dan Dimmock on Unsplash By Bank of North Dakota | Mar 24, 2020 Bismarck – Bank of North Dakota (BND) shared its student loan relief plans to assist borrowers impacted by COVID-19 with the Industrial Commission today. Effective immediately, borrowers...
What a Public Bank Can Do for Real People
Photo: Union State Bank President Christie Obenauer, right, visits the Hazen child care center that her bank and the Bank of North Dakota invested in. Photo by Justine Wiedrich courtesy Yes! Magazine. By Oscar Perry Abello, Yes! Magazine. | Feb 19, 2020 The...
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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