Philadelphia Public Banking Coalition
Investing in Community
By Philadelphia Public Banking Coalition on
Our partners at Philly Neighborhood Networks have launched a petition drive to insist that the Philadelphia Pension Board invests here at home. Join us in signing the petition to let them know how important this is to each of us and out city as a whole. Spread the word to your friends and family, too. Click here to sign.
By Philadelphia Public Banking Coalition on
On Valentine’s day the Philadelphia Inquirer published this opinion piece by Philly Public Banking Coalition members, Peter Winslow and Stan Shapiro. The City has a pension fund of $8.4 billion, the article tells us. Just 2% of the current fund would yield $168 million to invest in targeted local projects, projects that would enhance the quality of life for residents… Continue reading "Bring Our Pension Money Home!"
By Philadelphia Public Banking Coalition on
As we were waiting for the new Administration to take office this month, we have developed a flexible, multipronged strategy for the period ahead. We’re pleased to announce our new three-part initiative to Bring Our Money Home. The first part is a collaboration with POWER Interfaith to inspire local congregations, institutions, and individuals to move millions of their dollars from global… Continue reading "Bring Our Money Home!"
By Philadelphia Public Banking Coalition on
Strengthening the Philadelphia Economy through Targeted Local Pension Investment The Philadelphia Public Banking Coalition proposes that the City Pension Fund target $160 million (2%) of its portfolio to a new asset class for local Economically Targeted Investments (ETIs). Download the full concept paper here or read our summary below. I. Overview The primary responsibility of the Philadelphia Pension Fund is to… Continue reading "Pension Fund Concept Paper"
By Philadelphia Public Banking Coalition on
The Philadelphia Public Banking Coalition is one of many groups working to implement a people-centered financial plan for Philadelphia’s future, one that includes public banking and the implementation of a community-led Philadelphia Public Financial Authority (PPFA). Public banking is an issue in this election. Here’s what we’ve learned. Among the Mayoral Candidates still in the race, Helen Gym and Rebecca… Continue reading "Philadelphia Public Banking Coalition 2023 Primary Election Report"
By Philadelphia Public Banking Coalition on
We are hard at work to ensure that Public Banking is a voting issue in this election! The message is clear, Philadelphia wants a public bank and we will vote for a mayor and council people who will deliver on that promise.
By Philadelphia Public Banking Coalition on
Do you want to know what the candidates for elected office in Philly are thinking about the role of public banking in our city? What are their visions and plans for financing our beloved city and reinvesting in our people and communities? The Philadelphia Public Banking Coalition is conducting public interviews with candidates this spring. We are starting with the… Continue reading "Candidate Interviews & Forums"
By Philadelphia Public Banking Coalition on
Thanks to all who attended the People’s Economic Forum Part 2: Powering the Cooperative Economy on February 16. The turn-out was great, the presenters deeply insightful, and the chat lively! Those who missed it can catch the recording here, and the full slide deck here, including the reading list from our partners at Philadelphia Area Cooperative Alliance. On Tuesday, February… Continue reading "Recap from the People’s Economic Forum, Part 2"
By Philadelphia Public Banking Coalition on
Greetings Friends of Public Banking! Remember our first People’s Economic Forum in November, when we looked at the housing crisis in Philadelphia through the lens of public banking? We’re back for more! Next month, in collaboration with the Philadelphia Area Cooperative Alliance, we explore ways that a Philadelphia public bank could strengthen and support the co-op movement. We hope you… Continue reading "Join Us at the People’s Economic Forum, Part 2!"
By Philadelphia Public Banking Coalition on
Thanks so much to the 75 folks who were able to attend the People’s Economic Forum, Part 1: Addressing the Housing Crisis and to the other 50 who signed up. The session was packed, with more information and reflections than any one mind could take in! Here are the slides and the recording is below. Members of our coalition are now… Continue reading "Recap from the People’s Economic Forum"