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Public Money for a Public Good!

What if you had a say in where public money was invested, instead of letting private banks decide where to invest your money? The Public Bank NYC coalition is committed to advancing racial, economic and environmental justice, so public money can be invested in sustainable, community-led development and a better future for all New Yorkers. Watch our Board Chair, our CEO discuss Public Bank NYC’s recent launch and the benefits for our communities in the Laura Flanders Show. Watch the full interview here.

The Little Bank That Could – New York Times APR 13, 2018

When Mick Mulvaney was named acting director of the Consumer Financial Protection Bureau in January, several critics expressed outrage over the appointment. But only two went to court to try to block it. […] And the second was the Lower East Side People’s Federal Credit Union, a nonprofit financial cooperative, whose modest size — just $54 million in assets — belies both its public profile and the scrappiness of its chief executive officer, Linda Levy.  Read More

CEO Letter to Membership

Our current CEO, Linda Levy, is announcing her retirement after twelve years of successfully leading the organization. The full letter of her announcement is available here.