The field of public banking is rapidly evolving and increasingly significant.
We are eager to partner with thought leaders who are exploring the potential of municipal public banking. We view this work as a way to help cities across the country take bold, new steps towards creating much-needed alternatives to our current financial system to maximize municipal autonomy and free up capital for public priorities. While cities and other local entities will face challenges in creating their own banks, we are inspired by the potential we see in public banking as an avenue for generating stronger cities in addition to increasing local wealth and community benefits.
Feasibility Study for a Municipal Bank
Our latest study for the City of Seattle shows how Seattle and other U.S. cities can divest from Wells Fargo and pursue public banking as part of a larger effort to align their banking activities with progressive values, expand banking services for residents, and increase investment in pressing public needs like affordable housing and infrastructure. Learn More →
January 2, 2019
The effort to divest from Wall Street—and stop environment-killing projects gained momentum after the historic pipeline protest. Here’s what a city needs, and could gain, from municipal banking →
November 1, 2018
At the beginning of 2018 the City of Seattle commissioned a study to look at the feasibility of creating a municipal bank →