Public Banking for New Mexico

The National Movement

(courtesy of Public Banking Institute)

 

Public Banking Initiatives across the USA

 

California

Friends of the Public Bank of Oakland

San Francisco Municipal Bank Feasibility Task Force

Public Bank LA

Public Bank Santa Rosa

California Public Banking Alliance

Colorado

Rocky Mountain Public Banking Institute

District of Columbia

DC Reinvest

Massachusetes

Hub Bank Group

New Jersey

Banking On New Jersey

New Mexico

Alliance for Local Economic Prosperity

Pennsylvania

Philadelphia Public Bank Coalition

Vermont

Vermonters for a New Economy

Washington

State Bank Stakeholders

Seattle Public Banking Coalition

West Virginia

The West Virginia Public Bank Project

 

Public Banks around the World

 

The United States is the anomaly — many other countries have powerful Public Banks that are key players in local and national economic development. 

Public Banks in Germany, China, Canada, Australia 

A variety of public banking models are seen today and historically around the world.

For the past 200 years, public banks in Germany have provided access to affordable credit and have been a very stabilizing influence in the German economy.  Public banks have funded renewable energy projects throughout Germany, lowering energy costs and allowing the country to approach energy independence from oil and gas. Inside the Savings Banks Finance Group 2016

In China, public banks are funding massive infrastructure and renewable energy projects at unprecedented speed. In China and India, which collectively make up 40 percent of the global population, 70-80 percent of banks are publicly owned.

In Alberta, Canada, the publicly-owned Alberta Treasury Branches connect nearly every town in a shared credit system. From 1935 to 1974, the state-owned Bank of Canada made direct loans to the government, funding infrastructure and affordable health service nationwide. 

These are just a few of the many public banks that make up 25 percent of banks globally.

Upcoming Events

november, 2020

03novAll DayElection DayNovember 3rd is Election Day! Vote if you haven't already.

05nov3:00 pm4:00 pm2020 Sustainable Agriculture Fall Workshop Series: Drip Irrigation on the Small FarmLearn how and why drip irrigation can be useful for your growing operation

09nov11:00 am12:00 pmWhat has COVID-19 taught us about the digital and opportunity divides in America’s schools?A Brookings Policy 2020 Event

10nov1:00 pm2:00 pmGreater Profitability through Soil HealthA collaborative fall webinar series for the benefit of New Mexico’s farmers and ranchers and advancement of healthy soil principles on working lands

13nov10:00 am11:00 amPublic Banking Coalition Monthly Conference CallLearn more about Public Banking, discuss current issues and get updates on the movement.

23nov6:30 pm8:00 pm350NM Speaker Series - Land Witness Project: Climate Stories from NMStories about families and traditions, land and water, doubt and worry, and love and commitment

Revolution at the Federal Reserve:  Nomi Prins and Thomas Hanna

The Laura Flanders Show
Jan 22, 2019

As Jim Yong Kim resigns from the World Bank, we talk about the way central banks steer world development and for whom. Former Goldman Sachs managing director Nomi Prins, author of “Collusion: How Central Bankers Rigged the World,” and public ownership researcher Thomas Hanna believe that banking, and development, could be very different.

Truthout - FAIR Podcast - AFLEP

California’s New Public Banking Option Opens Door for Real Community Investment
FAIR / Truthout.org

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

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