Common Good Bank
From P2P Foundation
Contents |
Description
Common good banks will be the cornerposts of a new economic system -- a democratic, community-based system that can support and empower ordinary people everywhere to put an end to war, poverty, hunger, unemployment and global warming, before it is too late.
- All profits go to schools and other nonprofits.
- Depositors decide what the bank should invest in.
- Free local credit card processing for local businesses.
- Micro-loans for new businesses and community projects.
- A full range of secure, FDIC-insured banking services.
- Committed to sustainability and economic justice.
Key resources
- Common Good Bank, A Society to Benefit Everyone - An article that has a more personal account of the early stages of the project
- The Common Good Bank site
- An introductory video (with subtitles) [1]
Related Articles
- Social Banking
- Solidarity Economics
- Binary Economics
- Alternative Currencies
- Open Money
- Interest and Inflation Free Money
- JAK Bank from Sweden
- Banco Palmas from Brazil
