CALIFORNIA PUBLIC BANKING ACT (AB 857, 2019)

• Legislative Summary
• Fact Sheet
• Legislative Bill Text

CALIFORNIA PUBLIC BANKING OPTION ACT (AB 1177, 2021) – CALACCOUNT

• Legislative Summary
• Fact Sheet
• Legislative Bill Text

Legislative Brief – summary of the California Public Banking Act and the California Public Banking Option Act (CalAccount).

Policy Brief

Public Banks x CDFIs – flyer

Public Banks x Local Financial Institutions Brief – explains how California’s Public Banks, under AB 857, can collaborate with local financial institutions (LFIs) like credit unions and CDFIs to address community needs.

Public Banking One-Pagers – quick guides on how public banks support affordable housing, green energy, labor, localism and agroecology, municipal governments, and small businesses.

Public Banks x Social Housing – brief

Public Banks x Small Businesses – brief

Public Banking Video – 2-minute explainer video.

Resource Booklet – overview of public banking and FAQ.

Technical Brief – technical summary of California’s public banks.

CalAccount website and FAQ

Legislative Summary

Fact Sheet

• CalAccount one-pager
• California Public Banking Option Act (AB 1177) fact sheet
• The Business of Bank Account Fees, Roosevelt Institute 
• The Case for CalAccount, HR&A Advisors
• Banking for the People, Roosevelt Institute
• CalAccount Market Study & Feasibility Report, RAND 

Green Banks

• Intro to Green Banks
• Municipal Finance Corporations (MFC) and Green Banks Brief

Additional CPBA Resources

CENTRAL COAST

• Letter from Santa Cruz County Supervisor seeking statements of interest from Central Coast cities, counties, and public agencies to participate in a viability study for the Central Coast Public Bank.
• Central Coast Regional Communications and Reports

EAST BAY

• Public Bank East Bay Business plan and three years of financial model available to review on request.
• Treasurer’s board letter from Hank Levy, Alameda County Treasurer stating intent to allocate $40M.
• Letter from Floy Andrews, Special Counsel of Friends of the Public Bank East Bay, legal opinion on use of local agency investment pool funds for public bank capitalization.
• East Bay Governance Prototype 

FRESNO

• Fresno Public Bank Brief

LOS ANGELES

• Municipal Bank of Los Angeles – five-part series from the Jain Family Institute and the Berggruen Institute detailing practical lending and investment options for the Los Angeles Public Bank.
  
  • What a Public Bank Can Do For LA and Its People – series overview & summary
  • Housing Solutions and Portfolio Options – opportunities in the city’s financing for affordable housing, available land for development, and the preservation of naturally occurring affordable housing (NOAH).
  • Clean Energy Portfolio Options – how the municipal bank would support the LADWP, LA’s municipal-owned utility, along with community solar, utility-scale solar, and energy efficiency retrofits.
  • Financial Justice Portfolio Options
  • Democratic Governance Frameworks
  • Interactive Balance Sheet Simulator – useful tool to build your own customized public bank loan portfolio.
• Los Angeles City Council RFP for Public Bank Feasibility Study and Business Plan
• LA Public Bank Small Businesses Report, Inclusive Action for the City
• Governance Proposal for the LA Public Bank, The Democracy Collaborative 
• Public Bank LA Resource Booklet
• Public Bank LA Activist Toolkit 
• Los Angeles City Communications and Reports 

SACRAMENTO

• Sacramento City Council RFQ for Public Bank Viability Study and Business Plan
• Sacramento Communications and Reports

SAN FRANCISCO

• San Francisco Public Bank Business Plan 
• San Francisco MFC Business Plan
• SF Green Bank Memo
• SF Public Bank Governance Plan
• HR&A Recommendations
• SF Public Bank Reinvestment Working Group
• San Francisco City/County Communications and Reports