A Seattle public bank would support local development by keeping our tax money at work at home. By Dennis J. Ortblad, Special to The Seattle Times PUBLIC banks have an excellent track record in helping states and cities finance infrastructure, among other public services. In his Jan. 1 guest column, […]

The Homegrown Promise of a Seattle Public Bank

ORIGINALLY POSTED ON PUBLIC BANKING INSTITUTE Let’s stand together and move forward. The election of a new Administration has sent shock waves through both sides of the political aisle, some seeing great new promise and others seeing despair and disappointment. But both sides bear witness to the fact that an […]

A Message from PBI Chair Walt McRee

ORIGINALLY POSTED BY JOHN REITMEYER ON NJ SPOTLIGHT | OCTOBER 26, 2016 Joan Bartl believes taxpayer-owned financial institution would be ‘logical and practical’ because of the state’s ‘significant fiscal problems’ Joan Bartl Who she is: Joan Bartl, state coordinator in New Jersey for the nonprofit Public Banking Institute. Where she calls ‘home’: […]

Profile: The Woman Laying the Groundwork for a Public Bank ...

Originally posted by Karl Beitel Director, Public Bank Project The Public Bank Project is dedicated to developing financial alternatives to the current system of Wall Street dominated finance to expand the policy options and autonomy of local governments. Our particular focus is on how local governments can pursue innovative policy […]

Public Banks for U.S. Cities

ORIGINALLY POSTED BY JOHN REITMEYER NJ SPOTLIGHT | SEPTEMBER 9, 2016 Former Golden Sachs executive also called for a higher minimum wage, tax breaks for those with lower incomes, and efforts to encourage high-tech Democratic gubernatorial candidate Phil Murphy delivering a major policy speech on the campus of the New Jersey Institute […]

Phil Murphy Makes State Bank Centerpiece of Gubernatorial Campaign

Originally posted by Albert B. Kelly on NJ.com on 8/7/2016 Why a municipal bank may not be a bad idea | Opinion In this season of campaign rhetoric about the state of our country, you occasionally come across an idea or proposal that goes beyond the standard stuff about jobs, growth, and […]

A New Jersey Mayor Speaks Out for Public Banks

Originally posted by Pamela Powers Hannley on 5/9/2016 Ellen Brown When Arizonans for a New Economy gives talks about public banking and the Bank of North Dakota, invariably someone in the audience claims that North Dakota is prosperous because of the oil boom. We politely point out that the oil […]

Bank of North Dakota Profitable Despite Oil Slump

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