by Michelle Mosser | May 13, 2021 | News, Public Bank, Public Banking, Renewable Energy
“Pedernales Electric Cooperative Christmas Lights,” Mike Rastiello (CC BY-NC-ND 2.0) By Wan R. Smith and Philip Fracica, Nonprofit Quarterly | May 12, 2021 Rural Electric Cooperatives (REC) were originally like public infrastructure banks for supplying...
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 | Apr 28, 2021 | Bank of North Dakota, News, Public Bank, Public Banking
Image by Nattanan Kanchanaprat from Pixabay By Ben Frogel, The American Conservative | April 7, 2021 Big banks are becoming increasingly politicized, and not in a direction that is favorable for conservatives. JP Morgan Chase led the fundraising charge for...
by Michelle Mosser | Apr 27, 2021 | Commercial Banking, COVID-19, News, PPP
Photo by Mike Mozart, Flickr (CC by 2.0) By Alexander Sammon, The American Prospect | April 22, 2021 Last week, the country’s largest banks announced their quarterly earnings, crushing estimates and expectations nearly across the board. It marked another surprisingly...
by Michelle Mosser | Apr 21, 2021 | Local Economies, New Mexico, New Mexico News, News
Angus on the range of Angus Cimarron Ranch in northern New Mexico. Photo by Stephanie Cameron. By Sherry Robinson, Carlsbad Current Argus | April 20, 2021 A state public bank of New Mexico could help to address these gaps in local processing, keeping our money...