Public Banks (AB 857) -- Organizational Endorsement Form
The California Public Banking Alliance (CPBA) represents public banking activists and advocates in 10 cities and regions including: Los Angeles, San Francisco, East Bay (Oakland, Alameda County, Berkeley, Richmond), South Bay (San Jose), Santa Rosa, Santa Barbara, Eureka, Santa Cruz, Orange County and San Diego.

Instead of placing billions of our cities' finances in predatory Wall Street banks, we now have the opportunity to build a new alternative banking system through locally-controlled socially and environmentally responsible public banks. AB 857 will provide a pathway for cities, counties and regions to form public banks that are regulated by the State Department of Business Oversight according to existing banking law.

AB 857 is an enabling bill that will grant cities, counties and regions the power to recapture public dollars for re-investment into local communities. The bill provides protection of public deposits, requires FDIC insurance, and strengthens local banking by requiring public banks to partner with, and serve as wholesale bankers to, credit unions and community banks.

Please support AB 857. Now is our moment in history to pave the way for a strong, transparent, and compliant institution that will reinvest in housing, transportation, clean energy, and jobs for the people of California.

CaliforniaPublicBankingAlliance.org
calpba@gmail.com

CURRENT #AB857 ENDORSERS:

American Federation of State, County and Municipal Employees (AFSCME) Council 57
Alliance for Community Transit - Los Angeles (ACT-LA)
Alliance of Californians for Community Empowerment (ACCE) Action
American Indian Movement (AIM) SoCal
Asian Pacific Environmental Network
Backbone Campaign
Beneficial State Foundation
California Community Land Trust Network (CACLTN)
California Democratic Party Delegates
California Environmental Justice Alliance (CEJA)
California Faculty Association, San Francisco State University
California for Progress
California Labor Federation, AFL-CIO
California Native Vote Project
California Nurses Association / National Nurses United, AFL-CIO (CNA)
California Progressive Alliance
California Reinvestment Coalition
Campaign for Sustainable Transportation - Santa Cruz
Center for Community Action and Enviornmental Justice (CCAEJ)
Center for Farmworker Families
City and County of San Francisco
City of Berkeley
City of Huntington Park
City of Los Angeles
City of Oakland
City of Richmond
County of Santa Clarita
Coleman Advocates for Children and Youth
Commonomics
Communities for a Better Environment
Community Financial Resources
Cooperation Humboldt – Eureka
Courage Campaign
Democracy Collaborative
Democratic Party of San Fernando Valley (DPSFV)
Democratic Socialists of America – Los Angeles (DSA-LA)
Divest LA
Fossil Free California
Friends of Public Banking Santa Rosa
Friends of the Earth
Green Party of California
Green Party of Santa Clara County
Healthcare for All - California
Hollywood NOW
Hubert H. Humphrey Democratic Club
Idle No More - San Francisco Bay
Indivisible CA-33
Indivisible California Green Team
Indivisible California: StateStrong
Indivisible Los Angeles CA-43
Indivisible East Bay
Lawyers’ Committee for Civil Rights of the San Francisco Bay Area (LCCR-SF)
Local Clean Energy Alliance
Los Angeles County Democratic Party (LACDP)
Media Alliance
National Nurses United (NNU)
North Bay Labor Council
NAACP - Santa Cruz
Orange County Poor Peoples' Campaign
Our Revolution Long Beach
Peace and Freedom Party
People for Public Banking Santa Cruz
People Organizing to Demand Environmental and Economic Rights (PODER)
Progressive Asian Network for Action
Public Bank East Bay
Public Bank Los Angeles
Public Bank San Diego
Public Bank Santa Barbara
Public Banking Institute (PBI)
Resist - Northridge, Indivisible
Revolution Los Angeles
San Francisco Berniecrats
San Francisco Living Wage Coalition
San Francisco Public Bank Coalition
San Francisco Rising
Santa Cruz Climate Action Network
Santa Monica Democratic Club
Service Employees International Union (SEIU) California
SoCal 350 Climate Action
Sonoma County Climate Action Network
South Bay Progressive Alliance
Sunrise Movement - Bay Area
Sunrise Movement - Los Angeles
Sustainable Economies Law Center
United Educators of San Francisco
United Food and Commercial Workers (UFCW) Local 5
United Food and Commercial Workers (UFCW) Western States Council
We The People - San Diego County
Wellstone Democratic Renewal Club
Women’s International League for Peace and Freedom
350 Bay Area Action
350 Conejo / San Fernando Valley
350 Riverside
350 Santa Cruz
350 Silicon Valley
350 South Bay Los Angeles

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