CAL ACCOUNT Thanks to your support in 2021, we successfully advanced the California Public Banking Option Act (AB 1177) toward implementation. This crucial bill aims to address financial exclusion among...
The California Public Banking Alliance and Public Bank East Bay organizer Susan Harman started a women’s public banking group with Women’s International League for Peace and Freedom to...
Trinity Tran’s article, “Transcending Finance with Public Banking,” part of the Institute for the Future’s “Imagining Equity: Explorations into the Future of Enterprise”...
The Alliance’s Rick Girling penned an op-ed discussing the banking system’s shortcomings following Silicon Valley and Signature Banks’ collapse. Advocates propose public banks to offer...
The Alliance’s Julian LaRosa’s latest piece in Jacobin. Silicon Valley Bank’s collapse was no aberration: hundreds of private banks in the US have failed since the Great Recession. For a more...
March 18, 2023. Trinity Tran, Truthout. We have a pivotal opportunity to reshape our financial system for the benefit of all. The recent collapse of Silicon Valley Bank (SVB) and Signature Bank — the...
In California, 81% of unbanked individuals earn less than $15/hr, hitting low-income families and people of color the hardest. “We can’t create a stable economy when financially underserved households...
The public banking movement is gaining momentum in the United States as more people seek alternatives to traditional banking institutions. Unlike traditional banks that prioritize profit above all else,...
San Francisco is taking bold steps towards establishing a Municipal Finance Corporation that is set to become a public bank within the next three to five years. The city aims to launch the $50 million...