Is the Bank of North Dakota the only public bank in U.S. history that has never failed? – Gigafact Gigafact helps local newsrooms respond constructively to everyday rumors and misinformation, informing readers, building trust, and strengthening civic life.

For those of you who wonder why the @bankofnorthdakota.bsky.social is the only US public bank that hasn't failed, *it's not*. Some public banks had sunset dates in their charters, and at least one was dissolved because of the Civil War. #CreatePublicBanksNow! www.PublicBankingInstitute.org

North Dakota reopens loan program for shutdown-impacted federal workers North Dakota is reopening a low-interest loan program to serve as a financial lifeline for federal employees in the state going unpaid during the partial government shutdown.

Are you out of work due to the gov shutdown? If you lived in #ND you could take advantage of their loan program. Let's #CreatePublicBanksNow! in every state. www.PublicBankingInstitute.org has great videos that show how #publicbanks don't compete, they work with local banks to increase lending.

North Dakota boosts ag relief program, adding $100M State officials are authorizing the Bank of North Dakota to further expand the largest agriculture disaster relief program in the bank’s history.

@bankofnorthdakota.bsky.social getting it done! Wish you had a state #publicbank? How could your state alleviate damage done by the national financial crisis? #CreatePublicBanksNow! www.PublicBankingInsitute.org Learn how money is created, and PB benefits. Educational materials! Tell a friend!

Credit unions stand with farmers as agriculture faces a financial reckoning During National Agriculture Week, cooperative lenders demonstrate why member-owned institutions remain a lifeline for rural America’s producers.

www.PublicBankingInstitute.org often gets push-back from #CDFIs which don't get how a state, regional, or muni public bank can help them thrive by lowering risk and increasing leveraging power. The @bankofnorthdakota.bsky.social has this figured out! #CreatePublicBanksNow! #ItsOurMoney! #Farmers

North Dakota Reopens Loan Program For TSA, Border Patrol Agents Affected by Shutdown (Photo by Jacob Orledge/North Dakota Monitor)   (North Dakota Monitor) - North Dakota is reopening a low-...

Here's #DonMorgan, President of @bankofnorthdakota.bsky.social at it again! ND has increased loans for the farmers and reissued funding for the federal workers on furlough. TSA workers are getting paid in ND. Wish your state had a #PublicBank? www.PublicBankingInstitute.org #CreatePublicBanksNow!

NY proposal could boost minority banks' access to state deposits A New York state bill would reduce the barrier for minority-bank and community-bank participation in the state's long-standing Banking Development District program.

If #NewYorkState were to #CreatePublicBanksNow! we could boost it even more! We could also continue funding the transition to sustainable energy in DACs through a public bank. @nyserda.bsky.social take notice! Let's create a #NYS Green Infrastructure Public Bank! @nyscomptroller.bsky.social

...The second bill (S.8406/A.9573)...would raise the Community Bank Deposit Program (CBDP) cap from $20 million to $30 million, expanding participating banks’ ability to support mortgages, small businesses, farms and local development..."
These bills could help #CreatePublicBanksNOw! in #NYC+State!

Reclaiming the Public Interest: Cities Should Sell Municipal Bonds to Their Own Public Banks - MR Online What chance do local governments have in fighting authoritarian austerity, especially when they are left to rely on feckless legislators at the state and federal levels who refuse to push back? Right ...

"...What if a city established a public bank and that public bank regularly purchased the city’s debt?..[This] would liberate the city’s munis from private bond markets and punishing rating agencies, while expanding the city’s fiscal capacity beyond projected tax revenues..." #CreatePublicBanksNow!

Governor praises Bank of North Dakota employee bonus program • North Dakota Monitor State officials have approved new staff performance bonuses to improve retention at the Bank of North Dakota, with the first installment about $772,000.

Wish your state public bank had ~$1B liquid assets so it could give its employees a retention bonus? Yes, me too. @governor.ny.gov Let's #CreatePublicBanksNow! in #NewYorkState Let's convert our #GreenBank into a #GreenInfrastructureBank which can fund the #CLCPA @citizenactionny.org #InvestInOurNY!

No surprise the Grain Inventor Loan Program is increasing the amount available to farmers. It was farmers protecting their grain and the Non-Partisan League who launched the political movement which eventually created the @bankofnorthdakota.bsky.social more than 100 years ago. #CreatePublicBanksNow!

North Dakota expands low-interest farm loans as applications approach $300 million • North Dakota Monitor The North Dakota Industrial Commission is expanding a low-interest loan program designed to support farmers and ranchers — an initiative  on pace to exhaust the $300 million already set aside for it.

"...The Industrial Commission has given the bank authority to transfer up to $80 million from another agricultural relief initiative established last fall, the 2026 Grain Inventory Loan Program, to bring the funding for low-interest operating loans to $380 million..." #CreatePublicBanksNow!

#PBI has a great new video we hope you'll share. It's basic information to help those who are confused about #publicbanking, how money is created, and #whobenefits. Why shouldn't we, the people benefit from the power to create money? #CreatePublicBanksNow! @bankofnorthdakota.bsky.social is doing it!

Consumer Alert: Anti-poverty group pushes for living wage and housing reforms in Rochester An anti-poverty group is hosting a community discussion Monday on legislation they believe could improve conditions for Rochester's poor.

"...@citizenactionny.org is advocating for four primary proposals: a living wage indexed with inflation, increased housing vouchers, the establishment of a public bank in Rochester, and a change in the formula for affordable housing designation." #CreatePublicBanksNow! www.publicbankinginstitute.org

Public banking movement gains momentum in Sacramento - The Sacramento Observer Discover the growing public banking movement in California and how it could transform communities by reinvesting funds locally for affordable housing and climate resilience.

“...The question isn’t just is there enough money,” Tran said. “...who decides where our common dollars go today, how they’re used, and whether they stay in communities and benefit our localities, or... keep getting signed out to private institutions...” #CreatePublicBanksNow! #It'sOurMoney!

S.F. supervisor proposes tax to fund a public bank The tax would raise $40-50 million a year and start San Francisco on the road to being the first U.S. city with a municipal public bank.

"...increase the gross receipts tax on companies... such as certain credit card companies, consumer lending companies and mortgage brokers. The tax would increase from its current range of 1.5 to 3.36 percent, to 1.69 to 3.85 percent...."
Will #SF #CreatePublicBanksNow? @capublicbanking.bsky.social

Legislators to consider school meals, and help for a rural hospital, in the special session The three day session begins today (Wednesday).

"Nathe said having this in code, rather than the Constitution, gives legislators some control over spending...."Future legislators need the flexibility, in case we hit a financial storm, and we need to fund K-12 or other things," Nathe said. "

Yes, #CreatePublicBanksNow, you'll have flexibility.

Rural hospital on the verge of shutting down could be saved by lawmaker's bill • North Dakota Monitor The fate of a rural hospital, over 100 jobs and health care in southwest North Dakota communities might hinge on a bill lawmakers will consider this week.

“This is a special caveat for somebody in dire trouble,” Schaible said...They’re the largest employer by far...The $10 million loan program...by the state-owned Bank of North Dakota under an existing program that awards low-interest loans to support medical facility...projects. #CreatePublicBanksNow

#CreatePublicBanksNow! Here's a basic intro into public banking. More videos on our website! Dig deeper!

We have a great infographic which lists the many benefits public banks have which other banks and community finance models don't have. A great primer! publicbankinginstitute.org/at-a-glance/

So pleased www.PublicBankingInstitute.org is partnering with @aflep-nm.bsky.social to forward community investmet in #NewMexico! #CreatePublicBanksNow! #It'sOurMoney!

North Dakota farmers not set up for success in 2026 • North Dakota Monitor North Dakota’s farmers are looking for higher profits but things may get worse before they get better, ag industry experts say.

@bankofnorthdakota.bsky.social "...the frequency of bailout programs for farmers raises concerns... ad hoc programs [become] the rule more so than the exception,...” “...The fact that you need them over and over and over again, there’s some issues,” Parman said..." #CreatePublicBanksNow in 2026!

We are two days away from our meeting with Don Morgan, CEO & President of the Bank of North Dakota (BND). January 8th, Don will give a keynote address—and you are invited to attend virtually in order to learn more about how the BND works.

tinyurl.com/NMWelcomesDo... #CreatePublicBanksNow!

Join www.PublicBankingInstitute.org & @aflep-nm.bsky.social as we welcome Don Morgan to a local/national conversation to forward COMMUNITY INVESTMENT in NM! Register for the online event here! tinyurl.com/NMWelcomesDo... #CreatePublicBanksNow! #NewMexico then nationally! @indivisiblemv.bsky.social

NYC’s Boom and Bust Economy: Why Elite-Driven Growth Undermines the City’s Economic Stability What can history can teach Zohran about broad based prosperity? Historian Daniel Wortel-London explains.

"...As an assemblymember, he supported public-bank legislation, and he recently released a homeowner policy memo endorsing CLTs and co-ops." Will @zohrankmamdani.bsky.social #CreatePublicBanksNow? We hope so! www.PublicBankingInstitute.org

Housing Trust Mulls Support of Public Bank; Moves Forward on Amherst Community Land Trust Plan for Amity Street - Amherst Indy Report on the Meeting of the Amherst Municipal Affordable Housing Trust, December 11, 2025 This meeting was held over Zoom and wasrecorded. PresentGaston de los Reyes (chair), Alex Cox, Allegra Clark,...

@masspublicbanking.bsky.social Congrats on meeting with the Housing Trust! Perhaps you'll be the next state to #CreatePublicBanksNow!
#SafeHousing #PublicBank www.publicbankinginstitute.org

Massachusetts Public Banking Spring 2026 Independent Clinical - Harvard Law School This internship is an opportunity for an HLS student to learn about state government, gain experience drafting legislation and building political consensus, chart the key power players in state-level ...

Check this out! Want to #CreatePublicBanksNow! in Mass?
@masspublicbanking.bsky.social is looking for an intern for a @harvardlawschool.bsky.social intern this Spring. #MAPB has one of the most effective organizing groups in the US and are also really nice people. www.publicbankinginstitute.org

New York City’s Forgotten Public Bank Plan In 1975, Wall Street declared war on New York, sending the city into a fiscal crisis. A forgotten public banking proposal in the state assembly could have stopped it — and put both the city and the co...

1975 Speaker of the [NYS} Assembly, Stanley Steingut... brought legislation, with Charles E. Schumer and 60 assemblymembers to create a state-owned public bank as well as establish a NYC municipal bank. The state bank would have bee one of the 25 largest banks in the country. #CreatePublicBanksNow!

Bank of North Dakota launching two new loan programs for farmers They come about because of circumstances beyond farmer control

I bet Arkansas, Kansas, Iowa and other farming states wish they had a #PublicBank like the @bankofnorthdakota.bsky.social. #CreatePublicBanksNow! and you'll be able to fund programs for your farmers. www.publicbankinginstitute.org

Around $1.6 million in loans provided for federal workers through BND program A spokesperson with the bank said they distributed around $1.6 million to 129 federal employees during the government shutdown.

Wish your state had a public bank? Wish the country did? www.publicbankinginstitute.org #CreatePublicBanksNow!

Public banks — an old idea with new possibilities - Harvard Law School Christine Desan co-hosts summit advocating for the return of public banks, which put capital to work for more than just profits.

Members of our board attended this meeting and were impressed with Don Morgan's generous spirit. @bankofnorthdakota.bsky.social is one of the models most supported by people wanting to #CreatePublicBanksNow! in cities and states across the country. Find out more today www.PublicBankingInstitute.org

Why New York City Needs a Public Bank “We will build a city-owned bank — not to serve shareholders, but to serve you.

Co-founder of www.PublicBankingInstitute.org & the Godmother of PB author ellenhbrown.bsky.social has written a new article to guide @zohrankmamdani.bsky.social in navigating the path to #CreatePublicBanksNow! for the City of New York. He promised to do so in his Victory Speech. Allow us to help!