Join us for an exciting virtual town hall on March 30, 2022 at 6pm PST and learn about the groundbreaking efforts to start public banks in California! Keynote speaker Eric Hardmeyer will discuss the mechanics of the successful Bank of North Dakota – the nation’s only public bank in operation for more than a century – which he steered for over 20 years.. Eric will be joined by a powerful lineup of elected officials representing five cities: Los Angeles, Long Beach, San Francisco, Richmond, and Santa Cruz.

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Serious efforts are underway to establish public banks in cities and regions throughout California. Following the passage of the landmark California Public Banking Act, elected officials and activists are working hand-in-hand to implement public banks that will serve as a powerful tool for local governments. Public banks are the pathway for governments to invest in the long-term sustainability of local economies and return profits to the public. We’ll hear from electeds and advocates on constructing business plans, viability studies, and the governance frameworks for California public banks.

Eric Hardmeyer, the former CEO of the Bank of North Dakota (BND), will share his experiences at the helm of the nation’s only public bank. He will elaborate on the mission, design, and mechanisms that enabled the BND to weather the 2008 financial crisis and successfully roll out more PPP loans than any other state during the COVID-19 pandemic.

Facilitator: David Cobb, California Public Banking Alliance

Keynote: Eric Hardmeyer, Former CEO Bank of North Dakota

Speakers:

Gayle McLaughlin, Richmond City Councilmember
Curren Price, Los Angeles City Councilmember
Miguel Santiago, CA State Assemblymember
John Avalos, Former San Francisco Supervisor
Justin Cummings, Santa Cruz City Councilmember
Robert Garcia, Long Beach Mayor

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The California Public Banking Alliance is a 100% grassroots, volunteer-powered organization. Please consider making a tax-deductible donation to support our critical work to revolutionize finance. 100% of your donation goes towards making public banking a reality in California.

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