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

ORIGINALLY PUBLISHED IN GREEN MOUNTAIN NOISE, 2VR’S E-ZINE PUBLICATION IN MAY 2014 A PUBLIC BANK FOR THE REPUBLIC OF VERMONT By Jim Hogue, The Vermont Independent (This article was first published in Green Mountain Noise, 2VR’s E-zine publication in May 2014) INTRODUCTION In 1694, British Financiers formed the Bank of […]

Battle Over Banking: Vermont Had a Public Bank?