Why don’t we have a public banking option in the U.S.?

Mar 23, 2023
Only one state in America has a public bank. But support for more public options was growing even before the current financial turbulence began.
Hundreds of private banks have failed since 2009, with Silicon Valley Bank in California recently joining the list. Advocates say it's time for more public banking options.

USPS pilots a public banking program

Oct 15, 2021
The pilot program emerges more than 50 years after the USPS ceased public banking. 
A view of a U.S. post office in Bethesda, Maryland in August 2020.
Mandel Ngan/AFP via Getty Images

Banking in the public interest? Public Bankers look to spread their model

May 31, 2013
This weekend, attendees of the Public Banking Conference in San Rafael, California will gather to re-think the global banking system. They hope to spread a time-tested financial idea from North Dakota.

New push for public banks

Apr 27, 2012
They are already in North Dakota and Chicago. Now there's a move to get more state and local governments to use them instead of big private banks.