Thank you for taking a public stance to support the establishment of Public Bank East Bay! By filling out the organizational support form below, your organization agrees to join 70 other supporting organizations, as follows:

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Our organization fully supports the creation of the Public Bank East Bay.

The Public Bank will partner with community-based lenders to deliver democratic financing to small and worker-owned businesses in underserved neighborhoods. In addition, the Public Bank East Bay will invest in economic initiatives and loans that build wealth rather than extract it; such as permanently-affordable housing and community land trusts, and locally-controlled renewable energy infrastructure. 

Although the governance plan for the Public Bank will have to be approved by the regulatory authorities, and therefore may change, we support the Bank’s organizers in their commitment to ensure that members of the most economically marginalized communities are represented on the Bank’s Board, and thus directly involved in shaping lending policies and governance. The Bank will apply for the FDIC’s Minority Depository Institution status, which requires that at least 51% of the Board is people of color.

By supporting the Public Bank East Bay, we are advocating for a future not limited by oppressive policies. We envision a financial landscape where we all have a seat at the table with a bounty before us to share together. The Public Bank East Bay will democratize finance and use public money for public good.

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When you sign this letter, please also email us your logo, so we can include it on our website.