Election Day is just five weeks away, with much at stake on the local ballot, with countywide races for district attorney, superior court judge, auditor-controller.
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There’s only one public bank in the United States. It’s in North Dakota, and it was built over a hundred years ago. Now, some people in Humboldt County are working to open another.
A public bank is owned and operated by a government jurisdiction, like a state or city.
Early last year, California passed a law that allows up to 10 local and regional public banks. Right now, some people in Humboldt County are working to open one in their region.
David Cobb is the executive director of Cooperation Humboldt, a nonprofit working to create an equitable local economy.