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, 2022

octAll DayAFLEP is hiring!

30nov12:00 pmWebinar: Benefits of Public Bank - Gallup / Four Corners area

It's Our Money with Ellen Brown

Episode: Everyone deserves a public bank

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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