North Coast Progressive Alliance
Public Banking is a key demand of the North Coast Progressive Alliance. Since the passage of AB 857, we have been partnering with the City of Eureka and local leaders from the sectors of finance and organized labor on a citizens’ task force to investigate the feasibility of participating in a regional public bank, or becoming a depositor in a public bank.
2023 Campaign Updates:
Public Banking is a key demand of the North Coast Progressive Alliance. We have focused on educating elected officials and staff about AB 857. We have also been identifying local “people of influence” (many former bankers) for one-on-one conversations. In Feb 2021 David Cobb facilitated a public presentation to discuss AB 857 and AB 310, co-hosted by the Humboldt Del Norte Central Labor Council, Humboldt Democratic Party, and Humboldt Green Party.
We have made public presentations to multiple stakeholders:
- Redwood Region Economic Development Commission (in collaboration with Chris Petlock of Sonoma group)
- Arcata Economic Development Commission
- Eureka Economic Development Commission
- Humboldt County Economic Development Commission
- Eureka Chamber of Commerce
- Arcata Chamber of Commerce
- North Coast People’s Alliance