by Jennifer Dixon | Apr 7, 2021 | California, COVID-19, News, Public Bank, Public Banking
Access to basic banking services is under new focus as California seeks to address economic and racial inequity during the pandemic. (Sam Hodgson / San Diego Union-Tribune) By Margot Roosevelt, Los Angeles Times | April 6, 2021 Escalating overdraft charges....
by Jennifer Dixon | Apr 2, 2021 | California, News, Public Bank, Public Banking
Photo by Eduardo Soares on Unsplash By Jana Kadah, Bay City News Service | March 31, 2021 California is presenting a different public banking model than New Mexico’s, which would not offer personal bank accounts Five California legislators are...
by Jennifer Dixon | Apr 2, 2021 | News, Public Bank, Public Banking
Photo by Jimmy Pigg, Flickr (CC BY-NC-ND 2.0) By Geeta Minocha, Cleveland Scene | April 1, 2021 Bob Hope, one of Cleveland’s greatest sons, once quipped, “A bank is a place that will lend you money if you can prove that you don’t need it.” In this one-liner is...
by Jennifer Dixon | Mar 30, 2021 | California, News, Public Bank, Public Banking
California capitol building in Sacramento. Photo by Mathieu Thouvenin, Flickr (CC BY-NC-ND 2.0) By Mark Anderson, Sacramento Business Journal | March 29, 2021 Los Angeles Assemblymember Miguel Santiago has introduced legislation that would form a state panel to...
by Jennifer Dixon | Mar 18, 2021 | National, News, Public Bank, Public Banking
If passed, SB 5188 will establish a public bank in Washington, which would allow municipalities across the state to deposit public funds and borrow to fund infrastructure projects, such as roads, bridges and affordable housing. (Jovelle Tamayo for Crosscut) By Katie...
by Jennifer Dixon | Mar 17, 2021 | National, News, Postal Banking, Public Bank, Public Banking
As banks have grown bigger through mergers and acquisitions, write the authors, they have closed branches in many communities, reducing access to affordable loans. Brian Ernst/Sun-Times By Terri Friedline and Ameya Pawar, Chicago Sun-Times | March 16, 2021 The...