Public Bank LA

Photos from the End Poverty in CA x @publicbankla.bsky.social coalition Public Banking Listening Session! Public dollars for public good 🏦🤝

Municipal Public Banking - A joint publication series of JFI and the Berggruen Institute that lays out a playbook for how a publicly-owned bank could unlock solutions to Los Angeles’ pressing challenges.

We're moving the feasibility study forward, the first step per the CA Public Banking Act law we passed. This creates a public bank technical roadmap. We collaborated on reports to show how the bank can be profitable. Now the city must go through its process.
jainfamilyinstitute.org/series/publi...

This is what real democracy looks like. This is where real change will come from.

Public Bank LA - Organizer Form Public Bank LA (PBLA) is volunteer-led organization founded in 2017 to create a transparent, community-accountable public bank owned by the City of Los Angeles. We led the organizing that resulted in ...

Hi fill out our volunteer form and our organizing team will get reach out! bit.ly/pblavolunteer

Full house at the LA public banking listening session! Community members shared barriers to accessing capital & how a public bank could support housing, small biz. Councilmember Jurado & Michael Tubbs spoke on economic inequality. Photos + video soon!

Public banking movement gains momentum in Sacramento - The Sacramento Observer Discover the growing public banking movement in California and how it could transform communities by reinvesting funds locally for affordable housing and climate resilience.

“...The question isn’t just is there enough money,” Tran said. “...who decides where our common dollars go today, how they’re used, and whether they stay in communities and benefit our localities, or... keep getting signed out to private institutions...” #CreatePublicBanksNow! #It'sOurMoney!

Watch the event recording of the Sacramento Public Bank Town Hall: "Bring our Money Home!" and see the photos in our gallery below!
capublicbanking.org/sacramento-p...

LA budget season is here! Public Bank LA coalition joined Councilmember Hernandez, @controller.lacity.gov & community leaders to demand a 2026 People’s Budget: immigration services, care-first investments & funding the public bank plan.

Public dollars for public good 🤝

January Newsletter: State Bank + Sac Town Hall! - CA Public Banking Alliance This Is the Moment: State Public Bank Coalition Call – January 26 at 5pm! We’re gearing up for our 2026 State Public Bank campaign, and we want partners at the table! If you’re interested in joining a...

Our Jan 2026 newsletter: Join us on Zoom for our monthly coalition call! Mon Jan 26, 5pm

Plus: Sacramento Public Bank Town Hall Tue Jan 27, Parkside Community Church. Welcome Fresno, our newest region. Thanks Ben & Jerry’s Foundation!
capublicbanking.org/january-news...

The LA County Democratic Party, representing 3 million+ registered Dems, endorses the LA Public Bank!

LACDP backs a city-owned public bank to manage city funds, partner with local lenders, finance housing & infrastructure.

People from 39 states, plus supporters tuning in from around the world, joined our Public Banking Coast to Coast webinar!

Senator Elizabeth Warren talked about how public banks can provide low-cost lending for housing and infrastructure, create jobs & strengthen our communities.

TOMORROW! Join us for a powerful convo w/ movement leaders from CA, NY & MA! With federal volatility, now's the moment to create city & state banks to recapture billions of public dollars siphoned out of our communities & reinvest them into public good. bit.ly/PBC2C

As federal funding for states shrink, people are taking back control, building public banks owned by communities.

Join a national conversation with movement leaders + Senator Elizabeth Warren to reclaim local funds for housing, climate & more!

Nov 19, 12 PM PT/3PM ET
bit.ly/PBC2C

Our team came together to ground in our next steps to build the LA Public Bank! From living room strategy sessions to Zoom to City Hall, we’ve gone from an idea with no blueprint to a movement reshaping how cities think about money & power. Next, we build! 🔥

BIG NEWS! LA City Councilmembers Imelda Padilla and Heather Hutt committed discretionary dollars to the LA Public Bank plan. They join 7 colleagues backing work to cut borrowing costs, reduce fees, and invest in housing, small biz & climate infrastructure. 🏦🌱

Unanimous! The public bank motion cleared the Budget & Finance Committee.Thanks to Chair Yaroslavsky, Members Hernandez, Blumenfield, Hutt & CM McOsker. With budget pressures rising, a public bank can cut borrowing costs, keep dollars local & add new revenue tools. 🏦♻️

Please join us Sunday, October 12 for a conversation with @publicbankla.bsky.social about how a public bank in LA could help us become a more sustainable city. Learn more and RSVP at www.ncsa.la/public_bank_.... #PublicBank

What if LA’s money worked for LA? 💰At Destination Crenshaw’s panel, PBLA’s Dan Pelegero joined Jason Foster, Oscar Perry Abello & Self Help Credit Union to discuss how a public bank could keep dollars local supporting housing, anti-displacement & rebuilding after disasters.

Big wins for LA. Read our latest! The Public Bank motion cleared committee + 7 councilmembers including Council President Harris-Dawson, are now putting funds behind it!

We just dropped our new State Bank brief & join our talk at Destination Crenshaw! 🏦✊
mailchi.mp/fe93a70d3a8e...

Los Angeles City Council President Harris-Dawson joined six colleagues to fund LA’s Public Bank Plan.👏 We need real solutions on the table to cut borrowing costs & Wall St fees; invest in affordable housing. Let’s put millions back to work for LA communities. 🏦♻️🏡

Over 1,750 letters sent! actionnetwork.org/letters/publ...

Send a one-click letter via our Action Network campaign. Let’s keep the pressure up and get the LA public bank plan across the finish line!

🚨The Public Bank motion PASSED in the Government Operations Committee chaired by Councilmember Padilla w/ CMs Jurado & Lee! Next stop: Budget & Finance. Big thanks to champions & coalition partners. 🏦 #ProfitForThePeople

🚨 California Needs a State Public Bank!

Federal cuts are slashing housing, climate & small biz programs. Nearly 40M Californians impacted! A State Bank keeps our money working in CA, lowering costs, protecting funds & expanding credit. Read our latest: bit.ly/CApublicbank

Coalition leaders @acceaction.bsky.social & allies at City Hall urging Councilmembers Yaroslavsky & Padilla: agendize the public bank motion and direct CAO to close the funding gap. Every week of delay is capital our communities don’t see--keep LA dollars here for housing, small biz, clean energy.

Six LA City Councilmembers kickstart the Public Bank plan with their own funds! Thank you for leading the way Councilmembers Hernandez (CD1), Blumenfield (CD3), Raman (CD4), Price (CD9), Soto-Martinez (CD13) & Jurado (CD14). 🏦🌱

The century-old Bank of North Dakota is rated A+/Stable by S&P, delivered 18% returns last year, and remains safer than Wall Street banks with strong reserves and local partnerships with CDFI's, community banks & credit unions.

Bank lobbyists are spreading misinformation. LA has never had a real bank. The old LA Community Development Bank was a private-sector loan fund, not a bank. It wasn't chartered, unregulated & didn’t take deposits. A public bank would be regulated & accountable to LA communities.

Should LA start a public bank? Councilmember Eunisses Hernandez says yes & we agree! A public bank means local control, no new taxes, and real investment in housing, small biz & green jobs. It's time our money worked for Angelenos, not Wall Street shareholders.

Leaders Take Another Stab at Public Banking - Los Angeles Business Journal Four Los Angeles City Council members took a critical step to bolster the campaign to develop the city’s first public bank. Councilman Curren Price Jr., a

Backed by four council offices, the public bank plan will explore how the city can cut Wall Street fees, lower borrowing costs & invest in community needs. With $1.4B in annual debt costs, it's time!
labusinessjournal.com/finance/lead...

WHO WANTS SOME GOOD LEGISLATIVE NEWS!!! 😭 😭