April 29, 2023 A new memo by Earl Staelin, attorney and Chair of the Rocky Mountain Public Banking Institute, argues that FDIC membership and the holding of 100% collateral generally required for a bank charter are “completely unnecessary for public banks that follow the Bank of North Dakota (BND) model and would substantially undermine their profitability and…
Today, Arizonans for a New Economy has the honor of meeting with the Arizona Bankers Association Board of Directors. We are very excited to have the opportunity to talk with them about public banking and building Arizona’s economy. Here are the slides we will be presenting. Check out the new FDIC data graphics. They clearly…
As public banking advocates, we spend a lot of time evangelizing. We talk about public banking all the time. More often than not, people get it when they hear our message about bringing tax dollars back from Wall Street and investing our money HERE at home. One group that we have not made many inroads with…
We remain convinced, judging by the evidence and the experience with long standing public banking in North Dakota that public banking immensely benefits community banks. We have lamented our lack to date of engaging a community bank to partner with us so we do not have to continue to represent their interests on their behalf. We…
Arizonans for a New Economy 