by Anthony Colombo | Dec 20, 2014 | Commercial Banking, Local Economies, News, Print Media, Public Banking, Small Business
While many of us understand the importance and benefit of public banks for stimulating local economies, there are many who have the opposite point-of-view and can present arguments that are reasonable, given their set of assumptions. It is important that we understand...
by Anthony Colombo | Nov 20, 2014 | Local Economies, News, Public Banking
In an article in The Wall Street Journal dated November 16, 2014 and entitled Shale Boom Helps North Dakota Bank Earn Returns Goldman Would Envy, Chester Dawson relates a largely factually correct representation of the Bank of North Dakota. However, the interpretation...
by Anthony Colombo | Nov 19, 2014 | Commercial Banking, Local Economies, News, Print Media, Public Banking, Small Business
One of the major roles of the Bank of North Dakota (BND) is to support small businesses within the state. This story, which was in the New York Times Blog, You’re the Boss — The Art of Running a Small Business on March 13, 2014, gives some detail about how...
by Anthony Colombo | Oct 11, 2014 | Local Economies, News, Public Banking
The City of Santa Fe issued a Request for Qualifications (RFQ) in August of this year to study the feasibility of establishing a public bank for the city (see City of Santa Fe issues RFQ to study a public bank). As outlined in the following article from today’s...
by Anthony Colombo | Oct 3, 2014 | Local Economies, News, Print Media, Public Banking
From the pages of The Albuquerque Journal: Public banking debate starts in Santa Fe By Mark Oswald / Journal Staff Writer PUBLISHED: Friday, October 3, 2014 at 12:05 am Santa Fe Mayor Javier Gonzales has put forth the first big idea of his administration – the...
by Anthony Colombo | Sep 28, 2014 | Commercial Banking, Local Economies, Mortgage Loans, News, Postal Banking, Print Media, Public Banking, Student Loans, The Unbanked
From The Santa Fe New Mexican: Public bank advocates gain advice from experts Posted: Saturday, September 27, 2014 10:00 pm | Updated: 11:18 pm, Sat Sep 27, 2014. By Ed Moreno For The New Mexican The path to establish a publicly owned bank will be scattered with legal...