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.

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.

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.

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:

California Public Banking Alliance [SPONSOR]
Active San Gabriel Valley – Active SGV
Alameda County
Alameda County Democratic Party
American Federation of State, County and Municipal Employees (AFSCME) California
American Federation of State, County and Municipal Employees (AFSCME) Council 57
American Postal Workers Union (APWU), AFL-CIO
Alliance for Community Transit – Los Angeles (ACT-LA)
Alliance of Californians for Community Empowerment (ACCE) Action
Alliance for Democracy
American Federation of Teachers (AFT) CFT/AFT, AFL- CIO, Local 1931
American Federation of Teachers (AFT) CFT/AFT, AFL- CIO, Local 2121
American Indian Movement (AIM) SoCal
Asian Pacific Environmental Network
Backbone Campaign
Beneficial State Foundation
Bernie Sanders Brigade
Beverly-Vermont Community Land Trust (BVCLT)
Bolinas Community Land Trust
Brightline Defense
California Association for Micro Enterprise Opportunity (CAMEO)
California Community Land Trust Network (CACLTN)
California Democratic Party
California Democratic Party Delegates – 550 Delegates
California Environmental Justice Alliance (CEJA)
California Faculty Association, San Francisco State University (SFCSU)
California for Progress
California Labor Federation
California Native Vote Project
California Nurses Association (CNA)/ National Nurses United (NNU), AFL-CIO
California Progressive Alliance
California Reinvestment Coalition
California State Board of Equalization – Chair, Malia Cohen
Campaign for Sustainable Transportation – Santa Cruz
Center for Community Action and Environmental Justice (CCAEJ)
Center for Farmworker Families
City and County of San Francisco
City of Berkeley
City of Beverly Hills
City of Capitola
City of Eureka
City of Huntington Park
City of Long Beach
City of Los Angeles
City of Oakland
City of Richmond
City of San Diego
City of Santa Cruz
City of Santa Rosa
City of Watsonville
Coleman Advocates for Children and Youth
Committee for Better Banks
Commonomics USA
Communities for a Better Environment
Community Financial Resources
Consumers for Auto Reliability and Safety (CARS)
Cooperation Humboldt – Eureka
Cooperative Center Federal Credit Union
Courage Campaign
County of Santa Clara – Supervisor Cindy Chavez
County of Santa Cruz
Democracy Collaborative
Democratic Party of Contra Costa County
Democratic Party of San Fernando Valley (DPSFV)
Democratic Socialists of America – Los Angeles (DSA-LA)
Democratic Socialists of America – San Francisco (DSA-SF)
Divest LA
Feminists in Action
Food and Water Watch – California
Fossil Free California
Fresno County Democratic Party
Friends of Public Banking Santa Rosa
Friends of the Earth
Friends of the Santa Rosa Climate Action Plan
Green America
Green Party of California
Green Party of Santa Clara County
Greenpower
Healthcare for All – California
Hollywood NOW
Housing and Economic Rights Advocates
Hubert H. Humphrey Democratic Club
Humanity First Coalition
Humboldt and Del Norte Labor Council
Idle No More – San Francisco Bay
Indivisible Alta Pasadena
Indivisible CA-33
Indivisible California Green Team
Indivisible California: StateStrong
Indivisible East Bay
Indivisible Hillcrest
Indivisible Los Angeles CA-43
Indivisible Marin
Indivisible San Jose
Indivisible Sonoma County
Indivisible South Bay
Indivisible South Bay L.A.
Lakota People’s Law Project
Lawyers’ Committee for Civil Rights of the San Francisco Bay Area
Leadership Counsel for Justice and Accountability
Local Clean Energy Alliance
Los Angeles County Democratic Party (LACDP)
Media Alliance
McGee-Spaulding Neighbors in Action
Monterey Bay Central Labor Council (MBCLC), AFL-CIO
National Lawyers Guild – LA Chapter
National Nurses United (NNU)
National Organization for the Advancement of Colored People
North Bay Labor Council (NBLC), AFL-CIO
NAACP – Santa Cruz
Oakland Education Association
Oakmont Democratic Club
Orange County Employees Association (OCEA)
Orange County Green Party
Orange County Poor Peoples’ Campaign
Orange County Racial Justice Collaborative
Our Green Challenge
Our Revolution – National
Our Revolution Long Beach
Our Revolution Los Angeles
Pacific Palisades Democratic Club
Peace and Freedom Party
People for Public Banking Santa Cruz
People Demanding Action
People Organizing to Demand Environmental and Economic Rights (PODER)
People’s Democratic Club of Santa Cruz County
Progressive Asian Network for Action (PANA)
Progressive Democrats of America – California (PDA-CA)
Public Bank East Bay
Public Bank Los Angeles
Public Bank San Diego
Public Bank Santa Barbara
Public Banking Institute (PBI)
Revolution Los Angeles
Romero Institute
Rooted in Resistance
San Francisco Berniecrats
San Francisco Democratic Party
San Francisco Living Wage Coalition
San Francisco Public Bank Coalition
San Francisco Rising
Santa Barbara County Democratic Central Committee
Santa Clara County Democratic Party
Santa Cruz Climate Action Network
Santa Cruz County Democratic Central Committee
Santa Monica Democratic Club
Service Employees International Union (SEIU) California
SoCal 350 Climate Action
Sonoma County Climate Activist Network
South Bay Progressive Alliance
South Beach District 6 Democratic Club of San Francisco
Stonewall Democratic Club
Sunrise Movement – Bay Area
Sunrise Movement – Los Angeles
Sustainable Economies Law Center
Teamsters Local 665
The Future Left
The Resistance – Northridge, Indivisible
Transition Berkeley
United Educators of San Francisco
United Domestic Workers of America, AFSCME Local 3930, AFL-CIO
United Food and Commercial Workers (UFCW) Local 5
United Food and Commercial Workers (UFCW) Western States Council
Urban Habitat
Women’s International League for Peace and Freedom (WILPF) – U.S.
We The People – San Diego
Wellstone Democratic Renewal Club
West LA Democratic Club
Windsor Democratic Club
YIMBY Democrats
YIMBY Democrats of San Diego County
350 Bay Area Action
350 Butte County / Chico 350
350 Conejo / San Fernando Valley
350 Riverside
350 Santa Cruz
350 Silicon Valley
350 Sonoma
350 South Bay Los Angeles