Grassroots organizing leads to success in Oakland


Left: Rebecca Kaplan, Oakland City Councilmember; Jesse Arrequin, Mayor Berkeley, CA; Dan Kalb, Oakland City Councilmember. Right: Susan Harman and Friends of Public Bank of Oakland

Last Tuesday ,Oakland City Council approved the $100,000 feasibility study for the Public Bank of Oakland, putting that city on track to create its own Public Bank. The city of Berkeley promised $25,000 toward the cost of the study and the city of Richmond and County of Alameda are likely to contribute as well, along with several private donors, making this a multi-city and community investment.

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Welcome Suzanne O’Keeffe to PBI

Suzanne O'KeeffeThe Public Banking Institute is pleased to announce the appointment of Suzanne O’Keeffe as its new Communications Coordinator – a vibrant new talent for getting the public banking word out and around!

We’re delighted to have Suzanne’s many talents in writing, social media, video production and network communications on our team. PBI is expanding its reach and visibility in all channels of media, and Suzanne brings rich experience in doing just that.

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Welcome Cimbria Badenhausen to PBI

Cimbria Badenhausen, MBA, ENV SPCimbria Badenhausen –Engagement and Support

The Public Banking Institute is very pleased to announce Cimbria Badenhausen, MBA, ENV SP as our new Engagement Coordinator. Cimbria will be helping PBI expand our support services to the many that contact us.

We are very grateful that for most of 2017, Cimbria has helped behind the scenes to get our newsletter posted, fix wonky things on the website and wrangle our data. Her extensive experience with nurturing personal and organizational growth, and her commitment to all things green is a valuable resource for our organization.

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Oakland, CA - Public Banks Funding Renewables

Oakland, CA - Public Banks Funding RenewablesSept 25th 7-9 pm at City Hall (3rd Floor), the people of Oakland will learn how German Public Banks Power Renewables. 

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Katherine Updike (far right) Discusses Santa Fe’s Feasibility Study to Task Force

New Ground Broken in Santa Fe

New Public Banking ground was broken on September 6th in Santa Fe, New Mexico. For all those who are trying to follow what is happening with Santa Fe’s Public Bank Task Force, we’ll attempt to provide summaries in this newsletter.

HERE’S WHAT YOU NEED TO KNOW: The Task Force holds public meetings every third week (Wednesdays from 4:30-6:30pm), 500 Market Station, City of Santa Fe. The next meeting is Sept 27th.

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All the World’s Money and Markets in One Visualization

All the World’s Money and Markets in One VisualizationFrom our friends at The Money Project. The amount of Big Money is hard for all of us to understand. Did you know there was also narrow money and broad money? We know about derivative money, but how big is it really? In this case, a picture is worth a thousand words.

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New Front in the Campaign for Public Banking

As Labor Day ApproachesWinnebago County resident David Soll moderates a Skype conference call with residents and PBI founding director, Mike Krauss, in the Rockford Public Library.

Winnebago County, IL sits due west of Chicago on the Wisconsin border. It is the sixth largest county in Illinois, behind Chicago and its immediate suburbs. It has a population of just under 300,000. 

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Public Banks and Credit Unions

Marc_Armstrong.pngAs Labor Day approaches, it’s a perfect time to share our colleague, Marc Armstrong’s thoughts on Public Banks and Credit Unions. 

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Australian Banks-Serving Private Interests

Australian Banks-Serving Private InterestsThe banking industry’s disinterest in serving public needs is also a problem in Australia. 

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How It’s Getting Done in Santa Fe

Santa Fe City Council Says Yes

Volunteer Public Bank Task Force Members:  Kelly Huddleston (attorney), Robert Mang (retired business owner-environmental/ social impact), Adam Johnson (Finance Director, City of Santa Fe), Darla Brewer (retired bank regulator), David Buchholtz (attorney government finance), Wayne Mueller (retired banker), Elaine Sullivan  (citizen advocate), Judy Cormier (retired chief bank compliance officer), Randy Hibbin (retired banker), Michelle Lis (task force facilitator, not shown).

On August 15th, Santa Fe’s Public Bank Task-Force held its first meeting at the Santa Fe Convention Center. They formed five sub-committees that will investigate governance, legal, regulatory, and capitalization and financial questions required by the New Mexico De Novo Bank Charter application.

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