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"Proponents are hopeful that a public bank would help the city address some of its most intractable problems, including the housing affordability crisis and solvency for small businesses."
https://t.co/F4eBPvpR4P
Seattle City Cast interviewed Andy Engelson on creating a state owned public bank for Washington. Andy was inspired by Don Morgan, CEO of the Bank of North Dakota, and his recent trip to Seattle.
https://t.co/WjWEHPtkD4
Check out the Bellingham presentation of "Washington's Public Banking Future" tour featuring Don Morgan, CEO and President of the Bank of North Dakota, and State Senator Liz Lovelett of the 40th District.
https://t.co/6Qd9O9k7XR
"North Dakota, with about 800,000 residents, is a firmly red state where support for the GOP and Trump is still strong – and yet it's home one of the most progressive, populist financial institutions in North America: the Bank of North Dakota."
https://t.co/wCs9hGZSff
"An ignored driver of America’s economic inequality... is banking consolidation...[The US has] fundamentally restructured its banking system and this restructuring remains one of the main reasons for the persistence of inequality today."
https://t.co/C68LRxVhC8
“Seattle just set a new benchmark for credit union banking. In 2025, a record 35% of local households — roughly 557,000 — used a credit union as their primary bank.”
https://t.co/df6sIYEDi6
WA's "public deposits are held by two of the most aggressive financiers of fossil fuel projects... Even while Washington takes bold steps to tackle global warming, it undermines its own efforts by depositing its public funds into large megabanks..."
https://t.co/xvrSvssPgT
Register today to hear Don Morgan, President and CEO of the Bank of North Dakota, speak. President Morgan will be touring three cities in Washington state. Join the conversation on public banking.
https://t.co/XlIVYNUSw9
"Ellias says that, in the wake of the 2008 financial crisis, American companies have increasingly turned away from traditional bank financing toward private credit, which is typically backed by investment funds."
https://t.co/oOgvGuRy6y