by Anthony Colombo | Feb 22, 2016 | New LTE
I have read both the Santa Fe Public Banking Feasibility Study Final Report and the Banking on New Mexico’s Five-Year Model report. Both studies show that a public bank will significantly reduce debt while keeping our taxpayers’ money in Santa Fe, not invested out of...
by Anthony Colombo | Sep 30, 2015 | New LTE
Santa Fe is researching the feasibility of a chartered public bank. This type of bank is different from a traditional bank in that its sole purpose would be to accept deposits of our community funds gathered from taxes, fines, etc. Instead of depositing our public...
by Anthony Colombo | Sep 23, 2015 | New LTE
“The public Bank of North Dakota is a watermelon. A Public Bank of Santa Fe would be a peach. Both are sweet.” So said Nichoe Lichen, volunteer with the WeArePeopleHere grass-roots initiative, Banking On New Mexico. A growing number of Santa Feans are joining a...
by Anthony Colombo | Jul 11, 2015 | New LTE, News
Good on the Santa Fe City Council for approving the Banking Fiscal Impact Study, which explores the feasibility of a public bank in Santa Fe. Last week, the City Council heard an update on how the study is progressing. The potential for our city is exciting. Contrary...