Yearly Archives: 2015


ORIGINALLY PUBLISHED ON NJ SPOTLIGHT JOHN REITMEYER | AUGUST 3, 2015 After state provides start-up capital, new financial institution would then provide low-interest loans for infrastructure, new schools and other projects As New Jersey’s economy continues to struggle to recover from the last recession, there’s growing support for making a […]

Public Bank Touted as Way to Raise Funds Without Burdening ...


ORIGINALLY POSTED BY WALT MCREE | JULY 15, 2015 A “Public Bank of New Jersey” could support development agencies through low-cost loans not expensive bonds Walt McRee is chair of the Public Banking Institute. New Jersey should have its own public bank — in fact, perhaps several of them dedicated to […]

OP-ED: Garden State Needs Its Own Public Bank to Help ...


Originally Posted by Institute for Local Self-Reliance on 7/2/2015 North Dakota is the only state that has established a publicly owned bank.   Founded in 1919, the Bank of North Dakota’s mission is to “promote agriculture, commerce, and industry” and “be helpful to and assist in the development of… financial institutions… […]

Public Banks: Bank of North Dakota