Press Room & Media
AFLEP FAQ & Press Videos
We had a great discussion panel with Retake our Democracy ahead of the 2023 Legislative session. October 26, 2022
Watch our new video about one incredible farm cooperative in Central New Mexico, which provides food, trains farmers, and incubates businesses, talk to us about the financing challenges faced by farmers and small businesses. A Public Bank in New Mexico could be a vital resource to invest in local food production, job creation, and a stronger local economy. Oct 6, 2022
On Monday, August 8, 2022 in Gallup NM, AFLEP presented to the Economic Development & Policy Committee (EDPC), an Interim Committee of the New Mexico State Legislature. The EDPC is made up of both Senators and Representatives. AFLEP was represented by Harold Dixon, former President and CEO of State Employees Credit Union, Sarah Manning, AFLEP Outreach Coordinator and Angela Merkert, Executive Director.
AFLEP Leadership Team Member and Albuquerque”buy local” business advocate, Clifton Chadwick shares key economic reasons why he supports the creation of a State-Owned Public Bank. March 10, 2022
Bob Mang, Re-Genesis Inc, Co-Founder (Retired) and AFLEP Board member, talks about rural economic development and how business guilds can regenerate communities.Jan 14, 2022
Angela Merkert, AFLEP Executive Director, speaks about the role of public banks in a robust and sustainable New Mexico economy.
New Mexico Public Bank FAQs – The Goal for the 2022 Legislative Session: Establish a Public Bank in New Mexico. September 2021
New Mexico Public Bank FAQs – Bob Mang, AFLEP Board Treasurer, discusses why a public bank is needed in New Mexico. He explains how a public bank could help with some of the types of loans banks are reluctant to make. September 2021
New Mexico Public Bank FAQs – Bob Mang, AFLEP Board Treasurer, compares what is proposed for a Public Bank in New Mexico with the 100 year plus, public Bank of North Dakota. September 2021
By Retake Our Democracy | February 11, 2021
Angela Merkert, Executive Director of Alliance for Local Economic Prosperity spoke on Saturday with Paul Gibson on Retake Our Democracy on KSFR Santa Fe Public Radio about what a State Public Bank is, and what it isn’t.
National Public Banking
Part victory lap and part planning session for the work ahead of them, the California Public Banking Alliance’s March 30th Town Hall, The Nuts & Bolts of Opening Public Banks in California, offered valuable insights into how to win legislative approval for a Public Bank – and how to articulate the economic development benefits.
CA Public Banking Alliance’s March 30th Town Hall – Opening Public Banks in California
Eric Hardmeyer, CEO for 21 years, detailed the aspects of the Bank of North Dakota he considers responsible for its endurance and its success. To emphasize its role as a banker’s bank, he cited one of its original commitments: “To assist in the development of financial institutions and public corporations within the state.” As a result, BND has been a force to stabilize regional and community banking, saying that in the Crash of 2008, “we had no bank defaults in North Dakota. Zero!”
Watch all five of the short video introductions to public banking in the Public Banking Institute’s 2020 video series.
In the years since the financial crisis, vibrant campaigns for public banks have emerged all across the country. The time for public banks in the U.S. has come.
The Laura Flanders Show
January 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.
June 12, 2018
Public Bank NYC — Is a public bank in the financial capital of the world possible? How would that public bank help worker co-ops, students, entrepreneurs, and more? Guests from New York’s New Economy Project, Lower Eastside Peoples Federal Credit Union and Enlace discuss banking for profit to banking for people.
The Laura Flanders Show
June 12, 2018
North Dakota has a public bank – a bank that has been owned and operated by the people of North Dakota since 1919. Because of the Bank of North Dakota, the state weathered the crisis of 2008 far better than most. North Dakota has not had a single local bank failure in more than 20 years. This documentary, produced by Prairie Public Broadcasting, presents the bank’s history, its current operation, and how it benefits the state.