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Public Banking/Divestment Meeting (Jan 13 Santa Rosa CA)

  • Peace & Justice Center of Sonoma County 467 Sebastopol Avenue Santa Rosa, CA, 95401 United States (map)

We are pleased the Public Bank Santa Rosa Work Group (formerly North Coast Public Banking work group) moved their meeting to earlier the same day as our divestment meeting. This makes it much easier for our divestment team to work with PBSR where it makes sense to do so. Public Banking is probably the ONLY way for cities such as San Francisco and Seattle to fully divest their bank accounts from fossil fuels. 

Info about PBSR:
The Public Bank Santa Rosa Work Group is comprised of an ad hoc group of concerned tax paying citizens. We recognize that our public tax and fee revenues are being deposited into private banks that are using our credit to further the interests of bank shareholders funding such things as dangerous fossil fuel projects like the Dakota Access Pipeline. 

There is currently a Public Banking movement sweeping across this nation. Citizens are rising up and calling on their elected officials to divest from private banks, and invest in building transformative local living economies through the establishment of Public Banks. 

We are calling on Santa Rosa to get on board, bring our money home and establish a Public Bank of Santa Rosa to partner with local banks and credit unions in providing affordable credit to fund small businesses, housing construction, student loans, public infrastructure and renewable energy programs.