Public Banking for New Mexico


AFLEP Legislative SummaryJuly 2020


AFLEP Case Statement – Local Economic Prosperity through Public Banking;  May 2019


Impact Network Santa Fe – Pollinating Prosperity:  October 2017

To grow the health and wealth of the Santa Fe community, Impact Network Santa Fe commissioned a mapping project in 2016 for assessing the current state of Santa Fe’s local economy. The mission was to coalesce efforts and generate increasing public and private investment in sustainable, local economic growth.

Key stakeholders were engaged, including: City and County leadership and economic development staffs, members of the Sustainable Santa Fe Commission, local business organizations (e.g. Santa Fe Green Chamber of Commerce), entrepreneurial support organizations, career and job training institutions (e.g. Santa Fe Community College), and local foundations and private investors interested in equity or finance investing for multi-capital community impact.

This report represents the culmination of this work. Its purpose is threefold:

  • To shine a spotlight on the unique assets that underlie Santa Fe’s potential for economic development;
  • To offer a set of new, coherent strategies for economic development; and
  • To identify what exists and what needs to get started to implement these strategies.


Public Banking Institute – (PBI) was formed in January 2011 as an educational non-profit organization. Its mission is to further the understanding, explore the possibilities, and facilitate the implementation of public banking at all levels — local, regional, state, and national.


BoNM Five-Year Public Bank Model Report, supporting the City of Santa Fe’s findings that a Public Bank can lower the City’s debt (research provided to BoNM by the Brass Tacks Team)

Upcoming Events

september, 2021

04sep10:00 am2:00 pmNew Mexico Prickly Pear FestivalVendors, talks and workshops, all about prickly pears

05sep10:00 am2:00 pmNew Mexico Prickly Pear FestivalVendors, talks and workshops, all about prickly pears

10sep10:00 am11:00 amPublic Banking Coalition Monthly Conference CallLearn more about Public Banking, discuss current issues and get updates on the movement.

25sep9:00 am12:00 pmSoil Health: Compost, Mulch, and Cover CropsSan Juan College Backyard Conservation Workshops Series

The Benefits of Forming a NM Public Bank

Retake Our Democracy
Jun 23, 2020

AFLEP is joined by Ellen Brown, Chair of the Public Banking Institute, and Paul Stull, President and CEO of the Credit Union Association of New Mexico for this panel discussion about the potential benefits of a New Mexico state public bank. Panel facilitated by Retake Our Democracy.

Truthout - FAIR Podcast - AFLEP

California’s New Public Banking Option Opens Door for Real Community Investment

Economy & Labor
Oct 22, 2019

Janine Jackson interviews Public Bank LA’s Trinity Tran about public banking for the October 11, 2019, episode of “CounterSpin.”

>> Listen to the Podcast

It's Our Money with Ellen Brown

Banking on the People by Ellen Brown - AFLEP

Ellen Brown’s
2019 Book

Today most of our money is created, not by governments, but by banks when they make loans. This book takes the reader step by step through the sausage factory of modern money creation, explores improvements made possible by advances in digital technology, and proposes upgrades that could transform our outmoded nineteenth century system into one that is democratic, sustainable, and serves the needs of the twenty-first century.

Order the Book

Join those who’ve endorsed a Public Bank for New Mexico

Paul Gibson endorses Public Banking NM


“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