Earl Staelin is an attorney and chair of the Rocky Mountain Public Banking Institute Steering Committee of the Colorado Public Banking Coalition. Alec Tsoucatos, Ph.D., is an economist and vice-chair of the Rocky Mountain Public Banking Institute Steering Committee of …

Recently, Michael van Norstrand, president of Independent Bankers of Colorado (IBC), wrote an Op-Ed for Colorado Politics: “Public Banks Would Pose Risks, Play Politics.”  The Op-Ed makes numerous incorrect assumptions and assertions.  

• Public banks, as advocated by Colorado Public Banking

What is the difference between Green Banking, Postal Banking, and Public Banking? We’ve outlined a few key differentials below. 

All three types of banking are public alternatives to the Wall St. style, for-profit, large commercial banks which we are used …

Thanks to Ellen Brown of Public Banking Institute for the following piece, originally published in Scheerpost. For the full article, click here. 

On November 20, US Treasury Secretary Steven Mnuchin informed Federal Reserve Chairman Jerome Powell that he would not …

An excerpt of David Dayen’s new book, We Own the Future: Democratic Socialism—American Style, published by The New Press, was reprinted by The American Prospect. It is clear that we don’t need to hold back by the belief that fixing …

At the federal level, a new bill was introduced at the end of October by Reps. Rashida Tlaib and Alexandrai Ocasio-Cortez, proposing a public option for banking. The Public Banking Act would foster the creation of public banks across the …

Thanks to Public Banking Institute for this excellent recent video about how public banks can fight and work against redlining. Guests this round are Brian Rice, engineer / entrepreneur who was denied financing to upgrade his properties in his hometown, …

A variety of different methods and models could be used in Colorado including

1. Self-regulation by statute and by-laws: The Bank of North Dakota model has worked very well for 101 years.  The BND was established by making the governor, the

 Although some legislators and public officials say the state does not have any money lying around that it could use to create a public bank, the state and local governments actually have a number of sources they could use to …

It is risky to have a government run its own bank

Answer:  This argument is incorrect. Public banks like the Bank of North Dakota (BND) are run by experienced and independent banking professionals, not by politicians.  The BND has been …