Public Banking Institute

Our vision is a national network of public banks accountable to the public
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The Public Banking Institute (PBI) was formed in January 2011 and is a national educational non-profit organization working to achieve the implementation of public banking at all levels of the American economy and government: local, regional, state, and national. 

We are part of the New Economy movement and are steadily advancing innovative short and long-term solutions to the damage caused by the Wall Street cartel and a dysfunctional banking system; and are regularly called on to provide expertise in subjects as diverse as bank capitalization, applicable banking regulation, governance, loan portfolio makeup, risk management and the newly proposed U.S. Postal Savings Bank.

Our vision is a national network of public banks, administered as public utilities that serve the public interest, run by public servants, providing transparency and accountability to the public. 

Sustainability Achievements: 
We have an approach to financing that ends the extractive and parasitic approach of debt based financing. Public banks return paid interest to the government budget, resulting in lower taxes or increased services. This is a sustainable approach to debt financing.
Sustainability Challenges: 
People think that cumulative interest is a given, while it is at the root of the growth incentive behind most businesses.
Contact Information
Marc Armstrong
marc@publicbankinginstitute.org
7073436334
CA
Sonoma
California
95476