1. A public bank in Vermont will create more than 2,500 new Vermont jobs.
  2. A public bank would increase Gross State Product by up to $324 million, generating community development statewide.
  3. Public banking would save Vermont around $100 million in annual interest fees currently paid to out-of-state bondholders.
  4. 4. A public bank could provide students with lower-interest college and university loans, opening doors to higher education for more young Vermonters.
  5. A public bank would provide more access to capital for our Vermont’trepreneurs – our hard-working friends and neighbors.
  6. A public bank allow our Vermont cities and towns to fund public works projects,rebuilding our crumbling roads and bridges, investing in renewable energy, and cleaning up our state waters.
  7. A public bank would reduce the tax burden for all Vermonters by creating a reliable revenue stream, just like North Dakota does with their public bank.

Data provided by the 2013 Vermont State Bank research report, which was paid for by the Donella Meadows Institute, facilitated by Vermonters for a New Economy, conducted by the Political Economy Research Institute at the University of Massachusetts-Amherst, and prepared by Gary Flomenhoft, a fellow at the Gund Institute for Ecological Economics at the University of Vermont.

October 25, 2017

Why a Vermont Public Bank? 7 Good Reasons. (Plan ‘V’)

A public bank in Vermont will create more than 2,500 new Vermont jobs. A public bank would increase Gross State Product by up to $324 million, […]
April 5, 2017

Vermont Public Bank: Citizen’s Commission Meeting (PUBLIC AGENDA)

On Wednesday, April 5th at 6:00, we will be having the 2nd Citizen’s Commission for a State Bank meeting in Room 10 of the State House. […]
March 6, 2017

VERMONT PUBLIC BANK: CITIZENS BYPASS LEGISLATURE AND CREATE COMMISSION (Press Release)

FOR IMMEDIATE RELEASE: CITIZENS BYPASS LEGISLATURE, CONVENE COMMISSION FOR PUBLIC BANK MARCH 6, 1:30 PM ROOM 10, VERMONT STATE HOUSE CONTACT: Kenneth Martel, kenneth.martel@greenmtn.edu, (802) 552-0535 […]
February 21, 2017

Vermonters For A New Economy – Events! (PUBLIC FINANCE)

Save the Dates! We have been making some real progress building a movement for a New Economy in Vermont, and this means it’s time for you […]
October 3, 2016

“Viking Economics” Comes To Vermont for New Economy Week!

George Lakey will be coming to Vermont between October 11th and 17th to talk about his landmark book about the Scandinavian economies. The book describes how […]
August 9, 2016

Primary Day: VOTE Today for a 2nd Vermont Republic

  Publisher’s Note: Today, August 9, is Primary Day in Vermont. As our friend and neighbor Gwen Hallsmith writes below, our elected leaders will move us […]