Here are the most frequently asked questions we get at the Public Banking Institute:
- Q: What precedent is there for public banking in the US?
- Q: What is the difference between a public bank and any other bank?
- Q: Who would benefit from a public bank?
- Q: What are the problems public banks are trying to solve?
- Q: Won't greedy politicians just use a public bank to fund pet projects and line their pockets?
- Q: Will a public bank compete with local banks in my area?
- Q: Why are some banks opposed to public banking?
- Q: How could a publicly owned bank help an economically struggling state?
- Q: Can't cities and states just deposit their funds into a credit union? Wouldn't that amount to the same thing?
- Q: Won't a public bank require a very large investment by a city/county/state?
- Who will set policy for public banks? Who decides whether to approve loans? How are decisionmakers insulated from bribes and financial or political pressure?
PBI is dedicated to educating about the power of public banking. To learn more, please see the "Learn" sub-links at the top of this page - and become a Member!