by Michelle Mosser | May 6, 2021 | National, News, Public Bank, Public Banking
Guadalupe County Hospital in Santa Rosa, NM. Many rural NM hospitals are struggling right now. Photo courtesy Guadalupe County Hospital website (www.gchnm.org). By Stacy Mitchell, Institute for Local Self-Reliance | April 20, 2021 Testimony before the U.S....
by Michelle Mosser | May 4, 2021 | National, News, Public Bank, Public Banking
Photo by farmboyted, Flickr (CC by NC-2.0) By Susan Arbetter, City of Albany | May 3, 2021 For decades, many banks in the U.S. denied mortgages to people of color based strictly on race or the neighborhood where they lived. The practice, which started in the...
by Michelle Mosser | Mar 29, 2021 | Commercial Banking, Local Economies, National, News
Photo by throgers, Flickr (CC BY-NC-ND 2.0) By Scott Horsley, NPR | March 26, 2021 A NM Public Bank would support and grow our local banks through loan partnerships George Holland, the mayor of Moorhead, Miss., remembers the feeling when he heard that Regions Bank was...
by Michelle Mosser | Mar 18, 2021 | National, News, Public Bank, Public Banking
If passed, SB 5188 will establish a public bank in Washington, which would allow municipalities across the state to deposit public funds and borrow to fund infrastructure projects, such as roads, bridges and affordable housing. (Jovelle Tamayo for Crosscut) By Katie...
by Michelle Mosser | Mar 17, 2021 | National, News, Postal Banking, Public Bank, Public Banking
Lincoln Park neighborhood in Chicago, Illinois. Photo by Jovan J, Flickr (CC BY-NC-ND 2.0) By Terri Friedline and Ameya Pawar, Chicago Sun-Times | March 16, 2021 The payday and auto title loan industry offers predatory loans to people who live in communities...
by Michelle Mosser | Mar 15, 2021 | National, News, Public Bank, Public Banking
Oregon state capitol building. Photo by Jim Choate, Flickr (CC BY-NC-ND 2.0) By Melody Finnemore, Portland Tribune | March 13, 2021 Oregon Sen. Jeff Golden (D-Ashland) has proposed legislation this session that would reintroduce a state bank concept for Oregon....