Some #goodnews covering podcast king #joerogan, #freeamerica #protest on #4thofjuly and #calaccount #banking
#newsin60seconds #citizenjournalism

California just approved $1M in funding to keep #CalAccount moving forward, bringing no-fee, state-backed accounts to millions sidelined by the financial system! No overdraft fees or junk charges. Just real access for working families.

CalAccount Clears Two Major Hurdles in Sacramento | Rise Economy

CalAccount is moving! AB 1365 advanced through 2 Assembly committees this week. The bill would create the nation’s first state-backed, fee- and penalty-free basic banking program. rise-economy.org/calaccount-c... @capublicbanking.bsky.social @seiu.org #BankingForAll #CalAccount

A second win for CalAccount! Too many Californians are unbanked or hit with fees just to access their own money. Today’s Assembly Labor Committee vote brings us closer to making #CalAccount real—a no-fee, no-penalty public banking option that levels the playing field.

#AB1365 - Too many Californians are locked out of basic banking and forced into predatory check-cashing scams. AB 1365 creates #CalAccount zero-fee, zero-penalty banking for all. No more payday traps. Just economic empowerment.

Everyone deserves access to safe, affordable financial services. The Assembly Banking Committee's approval of #AB1365 & #CalAccount offers a lifeline, moving #California closer to ensuring everyone has access to essential financial services. #ProtectConsumers #Caleg #leg #AB1365 #YesOnAB1365

Thank you to the leadership of @AsmRobertGarcia and testimony from
Sandra Jauregi, a fast food worker with @cafastfoodunion.bsky.social who shared the impact of high bank fees on working families, and Cynthia Amezcua representing survivors of gender-based violence @freefromorg. #CalAccount

Big win today! AB 1365 passed the Assembly Banking Committee, bringing us closer to #CalAccount, a no-cost, penalty-free bank account for all Californians. With 1 in 6 households unbanked or underbanked, this is a major step toward financial justice.

Eliminating Barriers to Bank Accounts: How CalAccount Can Ensure Financial Inclusion and Serve as a Model for Public Banking - Roosevelt Institute In a new analysis, Sarah Stoller and Raúl Chávez shed light on the multitude of barriers to financial system access in the case study of California through surveys and focus discussions while also ana...

The banking system is broken. Millions are unbanked, hit with unfair fees, or shut out entirely.

California’s #CalAccount could change that—offering no-fee, no-penalty accounts for ALL residents. rooseveltinstitute.org/publications...

Today is Rise Economy's 2025 Lobby Day!

We're in Sacramento alongside allies and members of our statewide coalition to speak directly to legislators about our fight to build a more equitable economy for CA communities.

#RELobbyDay25 #ResistReinvestRebuild #CRA4CA #AB801 #CalAccount #AB1365 #caleg

n almost all of our [focus] groups, overdraft fees came up as a common and problematic banking experience. One Spanish-language participant in our Sacramento group described a familiar story. She had just started a new job. Before direct deposit took effect, she brought a paper check into her bank. There, she found out it would take five days to clear, and, in the meantime, her rent was due.

A broken banking system leaves millions vulnerable. With #CalAccount under consideration in the state legislature, our new report lays out a bold plan to fix financial exclusion in California—without fees or penalties. rooseveltinstitute.org/public...

Eliminating Barriers to Bank Accounts: How CalAccount Can Ensure Financial Inclusion and Serve as a Model for Public Banking - Roosevelt Institute In a new analysis, Sarah Stoller and Raúl Chávez shed light on the multitude of barriers to financial system access in the case study of California through surveys and focus discussions while also ana...

NEW: CA has one of the highest concentrations of unbanked individuals in the country. With banking protections rolling back, too many must to rely on predatory alternatives. A new report from @rooseveltinstitute.org shows how #CalAccount can change that. ➡️ bit.ly/43CbS2B @capublicbanking.bsky.social

Roosevelt Institute graphic of quote from Sarah Stoller and Raúl Chávez's paper, Eliminating Barriers to Bank Accounts How CalAccount Can Ensure Financial Inclusion and Serve as a Model for Public Banking. Quote reads: Access to basic no-cost, no-fee banking accounts is a critical public service. Through high fees and inadequate and discriminatory in-person services, the current banking system disproportionately burdens the most financially vulnerable. It punishes if not entirely excludes millions of Americans and pushes individuals and families toward predatory nonbank alternatives that charge even higher fees and reinforce a cycle of financial precarity.

NEW: California has one of the highest concentrations of unbanked individuals in the country.

With banking protections rolling back, too many must rely on predatory alternatives. Sarah Stoller & Raúl Chávez explore how #CalAccount can change that. rooseveltinstitute.org/publications...