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Massachusetts Public Banking | Creating Common Wealth for the Common Good
A public bank is a bank owned by the people through their representative government and operated in the public interest. Public banks can exist at all levels, from local to state to national. Public banks exist around the world. In the US, the Bank of North Dakota was established in 1919 to protect local farms from foreclosure. Today it helps the state’s businesses and farmers thrive.
A public bank can help advance economic policies that promote sustainability and economic justice, and the Massachusetts public bank bill makes this a priority.
You can help build a Massachusetts movement for public banking by sharing information with legislators, municipal officials, business and economic development groups, and other potential stakeholders.
Alliance for Democracy - Home
Massachusetts Public Banking | Creating Common Wealth for the Common Good