Public Banking for New Mexico

The National Movement

(courtesy of Public Banking Institute)


Public Banking Initiatives across the USA



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


Rocky Mountain Public Banking Institute

District of Columbia

DC Reinvest


Hub Bank Group

New Jersey

Banking On New Jersey

New Mexico

Alliance for Local Economic Prosperity


Philadelphia Public Bank Coalition


Vermonters for a New Economy


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

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