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.Read more
The 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.Read more
Cimbria 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.Read more
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.Read more
From 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.Read more
Winnebago 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.Read more
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.Read more