CPBA November 2024 Newsletter
CPBA Admin
November 11, 2024
CPBA Resources for the Public Banking Movement!
Weâve assembled a powerful set of resources to help propel the public banking movement in California and beyond!
Check out the strategies that are turning ideas into action for cities and communities across the state with our Movement Resources including business plans, lending and investment reports, municipal records, and organizing tools from the Central Coast to the East Bay, Fresno to Los Angeles, and San Francisco.
CPBA City and Regional Movement Resources
Weâve also updated our resources library. See our latest CPBA Briefs:
- Public Banks x CDFIs Flyer: a quick look at how public banks and CDFIs can change the financial landscape together.
- Public Banks x Social Housing: highlighting the potential of public banks to unlock affordable, sustainable housing.
- Public Banks x Small Businesses: a resource showing the role of public banks in small business development and local job growth.
- CPBA CalAccount One-pager: your snapshot of CalAccountâs mission to bring financial access to unbanked and underbanked Californians.
- CPBA Policy Brief: a breakdown of the California Public banking Allianceâs public banking policy benefits and legislative work.
- 2024 Technical Guide: our technical brief and best practices for setting up and managing public banks.
- Local Financial Institutions Brief: exploring synergies between public banks and local lenders for maximum community impact.
Public Banking in California: A Pathway to Community Wealth Building and Inclusive Local Economies
Join us on November 19th at 10am for an important webinar exploring how public banks can transform Californiaâs local economies. Especially with uncertainties at the federal level, now is a more crucial time than ever to focus on local, community-driven change.
Weâll discuss the benefits of public banking, including building community wealth, supporting affordable housing, and expanding access to capital for small businesses. Learn about the roadmap to establishing public banks across the state and opportunities for philanthropic investment to help make it happen!
Speakers include: Trinity Tran, Co-founder, California Public Banking Alliance, Bianca Blomquist, California Director, Small Business Majority, Eric Payne, Executive Director, The Central Valley Urban Institute, Rebeca Rangel, Bay Area Program Officer, Asset Funders Network, and Sophia Rodriguez, Program Officer, Y&H Soda Foundation.
Event Recap: Partnership for the People â Public Banks & CDFIs at the OFN Conference
At the recent Opportunity Finance Network (OFN) conference in Los Angeles, our panel on Partnership for the People: Public Banks and CDFIs drew a full house of bankers, CDFI practitioners, and community leaders! Moderated by Neha Shah (Director, Head of Community Development Lending, Charles Schwab), and featuring Dave Jette (Legislative Co-Director, California Public Banking Alliance), Steve Dusek (CEO, Dakota Business Lending), and Melissa Marquez (CEO, Genesee Co-op Federal Credit Union and leader in New Yorkâs public banking movement), this panel tackled the transformational impact of public banking on communities across the nation.
View the OFN Presentation Deck.
Our session highlights:
- The CA Public Banking Act: our landmark legislation paves the way for cities to establish their own banks. Our panel explored how public banks, in collaboration with CDFIs, are helping bridge financing gaps for community projects.
- A Model to Follow: the state-run Bank of North Dakota, in partnership with Dakota Business Lending, shows the power of public banks and CDFIs collaboration and how they can work together to support small businessesâparticularly those owned by historically underserved women and Indigenous entrepreneurs.
Check out our Public Banks and CDFI flyer and stay tuned for the event recording!
Join the Public Banking Movement: CDFIs & Local Banks Partnerships
Are you a CDFI or community lender ready to join the movement? Public banks and CDFIs are reshaping our financial system for the better. Working together, theyâre creating pathways for affordable housing, empowering small businesses, and driving green energyâkeeping public dollars where they belong: in our communities. This is more than a movement; itâs a shift toward economic justice!
Join Us
Connect with public banking initiatives in your area, access tools and resources, and drive real change. Be your community’s voiceâtake part in focus groups, advisory panels, and roundtables shaping the future of public banking.
Ways to Get Involved:
- Advocacy campaigns
- Focus groups & advisory panels
- Stakeholder roundtables
- Volunteering opportunities: lend your skills to lead public banking initiatives in your city or region!
Sign up at capublicbanking.com/CDFIs to stay connected and become part of the financial revolution working to put communities first!
