With a $15,000 pledge, Jurado joins two fellow councilmembers in backing a study on whether L.A. can create a bank to serve ...

Organizers at Public Bank LA envision a wholesale bank servicing ... models that only experienced managers could steer for long-term investments. Even with the slim chance of minimal mismanagement ...

“They have to be repaid.” By investing in big, longer-term projects, Humpreville worries that a public bank would not have enough money for the short-term needs of depositors. Banks are ...

"A public bank would provide many public benefits to the community," Brown wrote. "It would create a long-term multigenerational source of capital for East Bay communities, and would cut ...