Public money should work for the public good, not private gain. The City of New York deposits billions of dollars in Wall Street banks that routinely exploit and extract wealth from low income neighborhoods and communities of color, perpetuating racial and economic inequality.
The Public Bank NYC coalition is pressing for creation of a municipal public bank for NYC, as part of a broader vision for economic and racial justice. We believe that a municipal bank, chartered with a clear mission to serve critical community needs and accountable to the public, will help achieve economic security and shared prosperity for all New Yorkers.
Keep an eye on this page for updates, and contact us to get involved.