Divest LA

Wells Fargo officially disqualified from commercial banking services in LA!!! The RFP banking services contact was consented upon by ALL Councilmembers. #FareWellsFargo #DivestLA

We’re all in & getting ready to launch #AB2243 the California State Bank Act championed by Assemblymembers @MattHaneySF & @Ash_Kalra! Public dollars should fund what communities need: housing, small business & climate solutions. More soon. Join 80+ orgs! forms.gle/6a17WCn7SDKX9N…

Big year for LA public banking. Grateful to everyone who kept pushing. 9 City Councilmembers committed funds for the Public Bank plan -- full speed ahead. Catch the latest updates, coverage, and what we’re building next in our December newsletter! publicbankla.org/news/a-big-yea…

People from 39 states, plus supporters tuning in from around the world, joined our Public Banking Coast to Coast webinar! @SenWarren talked about how public banks can provide low-cost lending for housing & infrastructure, create jobs & strengthen our communities.

As federal funding for states shrink, people are taking back control, building public banks owned by communities. Join a national conversation with movement leaders + @SenWarren to reclaim local funds for housing, climate & more! Nov 19, 12 PM PT/3PM ET bit.ly/PBC2C

Our team came together to ground in our next steps to build the LA Public Bank! From living room strategy sessions to Zoom to City Hall, we’ve gone from an idea with no blueprint to a movement reshaping how cities think about money & power. Next, we build! 🔥

🚨 California Needs a State Public Bank! Federal cuts are slashing housing, climate & small biz programs. Nearly 40M Californians impacted! A State Bank keeps our money working in CA, lowering costs, protecting funds & expanding credit. Read our latest: bit.ly/CApublicbank

Coalition leaders @CalOrganize & allies at City Hall urging @CD5LosAngeles & @CD6LosAngeles: agendize the public bank motion & direct CAO to close the funding gap. Every week of delay is capital our communities don’t see--keep LA dollars here for housing, small biz, clean energy.

Our team and the CalAccount Community Coalition at the State Capitol with hundreds of fast food workers fighting for fee-free bank accounts! 💪🏽🏦

🚨BREAKING: California State Budget includes $1M for CalAccount! The Legislature will move forward with implementing a first-in-the-nation fee-free public banking option for millions of unbanked & underbanked Californians. seiuca.org/press-releases…

Join @RepRashida, CA Public Banking Alliance's @tran_scends and leading experts on June 17 at 11am PT for a webinar on how public banking can power guaranteed income, racial equity & community wealth. Don’t miss it! RSVP: spokeconsulting.zoom.us/meeting/regist…

🚨 BREAKING: The #PublicBankLA is one step closer to reality — and we need YOU on the steps of City Hall this Friday! May 30 | 8:30 AM 📍 LA City Hall Join our Council champions + coalition leaders to show LA is ready to invest in people, not Wall Street.

.@CalOrganize LA crew says: Fund the Public Bank! LA City Council needs a roadmap to cut borrowing costs and avoid deficits, cuts & furloughs. The #PublicBankLA will save money, fund housing, green projects & small biz. Urgent action now can prevent deeper austerity.

PBLA co-founder @tran_scends launched #PublicBankLA to take back control of our city’s money. In The Urban Activist, she shares how grassroots organizing is powering LA’s push for a public bank that puts our communities before corporate profit. 🏦🌱 theurbanactivist.com/economy/public…

📣 How can Los Angeles do more to invest in affordable housing and save money? By establishing a Public Bank! We’ve got Council support, now we need to fund the study. Council needs to hear from you! Show up at City Hall or submit comment: bit.ly/pblabudget25 @publicbankla

📣 We need you to speak up at LA’s budget hearings! The Public Bank plan will save money, invest in affordable housing & LA priorities, and prevent future deficits. We’ve got Council support, now we need to fund the study. Show up or submit comment: bit.ly/pblabudget25

🚨 LA faces a $1B deficit, yet billions go to Wall Street every year. Why bankroll big banks when we can build our own? A Public Bank would keep LA’s money local, funding homes people can afford, neighborhood businesses & climate-ready upgrades. Sign on: bit.ly/publicbankla1

Thanks to the Governor’s Office of LCI & Strategic Growth Council for inviting us to the Catalyst Convening in Long Beach. We discussed the CA Public Banking Act, signed by the Governor, to keep funds local & finance climate projects, and a state public bank. 🏦🌱

Thank you for the shoutout @RashidaTlaib! “From Los Angeles to New York, for example, there are dozens of grassroots movements across our country building public options for finance.” theguardian.com/commentisfree/…

Los Angeles faces $250B in wildfire damage, the worst disaster in U.S. history. Instead of paying Wall Street to rebuild, a public bank can keep our dollars local, funding homes, schools & small businesses. Let’s recover & rebuild for a more resilient LA. mailchi.mp/fd263ac68585/l…

We've pulled together essential resources to power public banking in LA and across the nation. Check out strategies making real change in cities statewide—find lending reports, biz plans, city docs & organizing tools from LA & CA’s public banking efforts! publicbankla.org/movement-resou…