News

  • Public Banking and the Central Coast

    The event described below was very successful – here’s the link to the video Speakers shared details on the progress of public banking both locally and in the state of…

  • Santa Cruz County Supervisors reach out to other Counties regarding creating a local public bank!

    Santa Cruz County Supervisors passed a resolution to reach out to neighboring counties regarding creating a local public bank. One of the first steps in creating a public bank will…

  • AB 857 has passed!

    October 2019 – AB 857 has passed! Now governmental entities can apply for a public banking license through the Department of Business Oversight. The bill allows for the creation of…

  • Funding the Green New Deal

    There is much evidence that public banks can fund a Green New Deal. Check out the article below!

  • Cities of Santa Cruz and Watsonville endorse AB857!

    In one week in June, both the City of Santa Cruz and the City of Watsonville endorsed AB 857! Thank you to the city councils of both cities for your…

  • AB 857 Press release

    California Assemblymembers Chiu and Santiago Introduce Public Banking Legislation Bill would allow cities to apply to establish public banks, prioritizing local community needs over Wall Street profits and has passed…

  • Public banks can fund the Green New Deal

    This article by Ellen Brown explains how public banks are an essential feature in funding the Green New Deal.

  • Santa Cruz County Supervisors Support Public Banking

    During the Santa Cruz County Board of Supervisors meeting on February 26th, the board voted overwhelmingly (only one board member abstained as he had a potential conflict of interest) to…

  • 2020 Map of Public Banking efforts in US

    Across the nation, more than 25 initiatives for public banks are actively being pursued, by progressives and conservatives; and over 50 organizations are promoting public banks.  

  • Letter to Treasurer Chiang

    http://www.commonomicsusa.org/ and various Califonian groups sent a letter to Treasurer Chiang envisioning a network of public banks. Cities want to divest from oil and have no meaningful place to put…