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‘Fast, simple, easy’: Bank of North Dakota boosts coronavirus business aid
Photo: Sandy Jacobson, owner of Brick Oven Bakery in downtown Bismarck, recently received a small employer loan from the Bank of North Dakota (Tom Stromme) By Jack Dura, Bismarck Tribune | July 19, 2020 Steve and Sandy Jacobson’s bakery wasn’t even a year...
Bank of North Dakota Releases 2019 Annual Report: “From Surviving to Thriving”
Photo via Bank of North Dakota, LinkedIn By Bank of North Dakota | July 7, 2020 Imagine if New Mexico could realize the substantial profit from its own public bank that North Dakota’s public bank generated for their state in 2019 The state-owned Bank of...
In challenged economy, having public banks as U.S. financial first responders would get resources faster to those who need them most
Food and water distribution to Navajo Nation families in the communities of Chichiltah, Bááháálí, Red Rock, Manuelito, and Tsayatoh in New Mexico. A public bank could strengthen economic support and community well-being within New Mexico. (Courtesy Navajo...
How a North Dakota bank gave its state a huge lift in the coronavirus small business program
Photo: North Dakota farm (Brooke Raymond/ CC BY-SA 2.0) By Andrew Van Dam, The Washington Post | May 15, 2020 The United States’ only state-owned public bank is more than 100 years old and outperformed every other state in securing PPP funds for their...
To Keep the Economy Afloat, the Fed Turns to North Dakota
Photo: The nation’s only state-owned bank serves as a model for how the U.S. is fighting the economic damage of the pandemic. (Photo by Kaya / CC BY-NC-ND 2.0) By Oscar Perry Abello, Next City | Apr 29, 2020 Bankers generally don’t like surprises. But as CEO at...
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Episode: Everyone deserves a public bank
Join those who’ve endorsed a Public Bank for New Mexico
“I had the good fortune to work on this initiative before Bernie kidnapped all my time. This is one of those no-brainer initiatives that only the 1% could oppose. It has the potential to save the state millions of dollars by vastly reducing the cost of its bonds to improve infrastructure funding. in a public bank, our state funds can be used to build our local economy and our local infrastructure.”
– Paul Gibson
Retake Our Democracy