Philadelphia Public Banking Coalition
Investing in Community
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Letter to the Editor by Stan Pokras, published in the Philadelphia Inquirer on June 15, 2021 Can’t we trust our public officials and out civil servants to handle money at least as well (or better) that commercial firms? If anybody has any remaining belief that the private sector is more trustworthy than the public in handling our money, we need… Continue reading "Keep PSERS funds in public bank |LTE"
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PRESS RELEASE Philadelphia Public Banking Coalition May 26, 2021 Councilmember Green discusses the Philadelphia Public Banking Authority This public conversation addresses issues about establishment of a Philadelphia Public Bank. PHILADELPHIA—On Tuesday, May 25, 2021, from 4:30 to 5:00, the fourth program in the “Financing Philadelphia’s Future with Councilmember Derek Green” series was presented by the Philadelphia Public Banking Coalition. These… Continue reading "Episode 4: The Environment"
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PRESS RELEASE Philadelphia Public Banking Coalition April 27, 2021 Councilmember Green discusses the Philadelphia Public Banking Authority This public conversation addresses issues about establishment of a Philadelphia Public Bank. PHILADELPHIA—On Tuesday, April 27, 2021, from 4:30 to 5:00, the third program in the “Financing Philadelphia’s Future with Councilmember Derek Green” series was presented by the Philadelphia Public Banking Coalition. The… Continue reading "Episode 3: Co-ops"
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PRESS RELEASE Philadelphia Public Banking Coalition March 30, 2021 Councilmember Green discusses the Philadelphia Public Banking Authority This public conversation addresses issues about establishment of a Philadelphia Public Bank. PHILADELPHIA—On Tuesday, March 30, 2021, from 4:30 to 5:00, the second program in the “Financing Philadelphia’s Future with Councilmember Derek Green” series was presented by the Philadelphia Public Banking Coalition. The… Continue reading "Episode 2: The National Picture"
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Article in the Daily Pennsylvanian by Victor Swezey Penn alumni are spearheading a movement to establish America’s only municipal public bank in Philadelphia, which its supporters believe could address issues ranging from racial justice to climate change and the power of big finance. A public bank, which serves as a depository bank for public funds, is owned by a government… Continue reading "Penn alumni lead public banking movement to address racial disparities, take on Wall Street"
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Letter to the editor by Deb Figart, published in the Philadelphia Inquirer on March 5, 2021 Vanessa Lowe and Stan Shapiro (“Bring our money home. Philly needs a public bank,” March 2) point to ethical and antidiscriminatory lending practices that a public banking authority would bring to Philadelphia. There are considerable economic benefits, too. The public bank would spur economic… Continue reading "Economic benefit of public banks"
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Op Ed by Vanessa Lowe and Stan Shapiro, published in the Philadelphia Inquirer on March 2, 2021 Councilmember Derek Green has introduced the first bill in the country to create a city-owned bank. Solutions to the looming $450 million hole in the city budget have been narrowly focused on tax increases and cuts to essential services, but a public bank… Continue reading "Bring our money home. Philly needs a public bank. | Opinion"
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The series focuses on Green’s current legislative initiative to create a Philadelphia Public Bank PHILADELPHIA— This past Tuesday, Councilmember Derek Green (At-Large) and the Philadelphia Public Bank Coalition premiered the first in a monthly series of live, interactive shows focused on creating a public bank in Philadelphia, with attention to legislation that Green introduced to City Council on January 28. … Continue reading "Councilmember Derek Green and Public Bank Coalition Launch Monthly Series: Financing Philadelphia’s Future"
By Philadelphia Public Banking Coalition on
PRESS RELEASE Philadelphia Public Banking Coalition February 26, 2021 Councilmember Derek Green and Public Bank Coalition Launch Monthly Series: Financing Philadelphia’s Future The series focuses on Green’s current legislative initiative to create a Philadelphia Public Bank PHILADELPHIA— This past Tuesday, Councilmember Derek Green (At-Large) and the Philadelphia Public Bank Coalition premiered the first in a monthly series of live, interactive… Continue reading "Episode 1: An Overview of Public Banking"
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Article in the Philadelphia Inquirer by Laura McCrystal and Sean Collins Walsh on January 28, 2019 Philadelphia City Council will consider establishing a public bank, a move that lawmakers and advocates say would fight systemic racism and boost the local economy by serving business owners of color. Councilmember Derek Green introduced legislation Thursday to establish a public bank as a city authority… Continue reading "Philly will consider establishing a public bank in an effort to boost Black-owned businesses"