Friends of Public Banking Santa Rosa
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Endorse Our Resolution to Establish
a Public Bank of Santa Rosa

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    Please Endorse!
    If you or your organization would like to endorse our proposal, please sign. (*Scroll down for list of endorsements.)
    Anyone in the North Bay can sign. A public bank of Santa Rosa will also benefit surrounding cities and counties.
     


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List of Endorsements
[updated 10/10/2019]

Businesses/Organizations:
  1. Friends of Public Banking Santa Rosa
  2. Sonoma Solidarity with Standing Rock
  3. 350 Sonoma
  4. Regarden Nation - "This is a step in the right direction for our public entities to be supported by local economy. Thank you!"
  5. Home IT
  6. Our Green Challenge
  7. Tangent Bioscience
  8. Stillpoint Health Care
  9. Era of Care
  10. Climate Change Major Disaster Declaration Campaign
  11. Visual Delights
  12. Friends of the Public Bank of Oakland - "We advocate for the Public Bank of Oakland, support other public banking efforts in CA and around the country."
  13. Mendocino County Public Banking Coalition
  14. North Bay Jobs with Justice
  15. Occupy Sonoma County
  16. Love Bus Music Unlimited
  17. Peace Profits
  18. LIFT Economy
  19. Peace & Justice Center of Sonoma County
  20. Luminary Leadership Institute
  21. Global Genesis
  22. Racial Justice Allies of Sonoma County
  23. Homeless Action!
  24. Death Cafe
  25. Revolution LA/Divest LA/Public Bank LA - "We are advocating for the creation of a socially and environmentally responsible municipal public bank for the City of Los Angeles."
  26. Sonoma County GO LOCAL
  27. Xun Biosphere Project
  28. Chico 350 - "Thanks for showing us the way forward!"
  29. Green River Sustainable Financial Services
  30. Green Party of Sonoma County
  31. Let's Go Farm
  32. Scientists For Wired Technology
  33. Albright Investment Management LLC
  34. Valley of the Moon Water District
  35. Sonoma County Democratic Party

Individuals:
  1. Shelly Browning
  2. Linda Swartz
  3. Jenny Blaker
  4. Debora Hammond
  5. Philip Beard - "The proposed resolution zeroes in convincingly on the many benefits of  launching a Santa Rosa Public Bank. For anyone hoping to invigorate our city's rebuilding process, it's a no-brainer."
  6. Barbara Fishelman
  7. Attila Nagy
  8. Barry Cogbill
  9. Hoai-An Truong
  10. Lou Rigali
  11. Chase Koches
  12. Shawn Regan
  13. Ken Burgess
  14. Terri Moon
  15. Barbara Briggs-Letson - "I now live in SF but continue to own property in Sebastopol and come to Sonoma County regularly. I believe a Santa Rosa Bank would be good for business and investment in the community. I would do my banking in SR to support this. Do it!"
  16. Marsha Vas Dupre, Ph.D. (Former Santa Rosa City Council Member, SRJC Trustee)
  17. Julia Hawkins - "The need for a public bank is increasingly obvious, those countries and those governments in the past that conduct financial exchanges by this method thrive, are comparatively immune to fraud but more especially perform incalculable good to the general population and its welfare."
  18. Veronica Jacobi (former council member, Santa Rosa)
  19. Emily Wheeler
  20. Candy Owens
  21. Greg Elenbaas
  22. Teresa Sedano
  23. William Graham
  24. Jerry Bernhaut
  25. Dr. Christopher Congleton
  26. Loring Vogel
  27. William Graham
  28. Frank Sanitate - "Good going on this project, guys!"
  29. Ron Surratt - "Thanks and keep up the good work..."
  30. Michael Lipelt - "Nice work in your efforts to change the broken banking system! Too big to fail without taxpayers."
  31. Elizabeth Riedel
  32. Barbara Moulton 
  33. Kamal Prasad
  34. Lilith Rogers - "Let's do it!!!"
  35. Debbie Notkin - "This is so important!"
  36. Hope Sturges
  37. Eileen Bill
  38. Dominick Favuzzi
  39. Riis Larsen
  40. Mary Salberg
  41. Annemarie Allen - "glad this is on the table!"
  42. Christine Hoex
  43. Ron Barbieri
  44. Bo Svensson
  45. Patti Jean O'Brien
  46. Jacob Quihuis
  47. Nina Chatham
  48. Susan Harman
  49. Justin Barnes
  50. Anne Jacopetti
  51. Leah Klerr - "As the saying goes... With crisis comes opportunity. The Public Bank of Santa Rosa, a Phoenix rising from the ashes. May it be so."
  52. River King
  53. Robin Sunbeam
  54. Will Shonbrun
  55. Rebecca Valentine
  56. Matthew Ruggiero
  57. Toni Spizman
  58. Joni Goshorn
  59. Jack Tibbetts (council member, Santa Rosa)
  60. Jeffrey Domagalski
  61. Gloria Zarifa
  62. Karen Preuss
  63. Judith Iam
  64. Jennifer Liss
  65. Janet Baltzo - "about time !!!!"
  66. Peter Phillips
  67. Julie Rahanna Chasen - "Let’s do this!"
  68. Dianne Monroe
  69. Diane Darling - "Meanwhile, the City should transfer all funds to Exchange Bank, which functions as stipulated in the petition."
  70. Dave Koressel
  71. Alison Malisa
  72. Nicole Leseigneur
  73. Ilona Reitzner - "I am a teacher (member of CTA), member of NBOP and the start-up of the Sonoma County Tenant Union (and plan to endorse the Public Bank once we're up and going) :)"
  74. Tracy Yost
  75. Sheila Farmer
  76. Adrienne Lauby - "I'm excited to see this idea taking off."
  77. Trevor Merrell
  78. Holly Calica
  79. Francisco Vazquez
  80. Patricia Kirby
  81. Erin Axelrod
  82. Larry Harper
  83. Vida Moattar
  84. Lion Goodman
  85. Bo Svensson
  86. Nicole Daspit
  87. Sophia Shaw - "I am just a born and raised Santa Roseian from Coffee Park, citizen. I agree with your suggestions and reasoning of the proposal to open a Public Bank. It's Brilliant! You have my vote."
  88. Rich Goldberg
  89. Marian Cruz
  90. June Michaels - "We need change and Public Banking can help."
  91. Joey Smith - "love this idea!!"
  92. Sandra Cleisz
  93. Vladimir Makhlis
  94. Wendy de Bretteville
  95. Douglas Johannes
  96. Mary Schindler
  97. Liz Christiano - "So happy to hear about this. The more cities take on public banking the stronger we'll be in California. Go, Santa Rosa, Go!!"
  98. Marianne Yusavage
  99. Gregory Lemieux
  100. Cindy Bishop
  101. Katherine Morgan - "So sorry for your suffering and hardship. Public banking is proven to be intelligent, visionary, and responsive to the people. It can help relieve financial suffering. Best wishes with your public banking campaign."
  102. Robert Jimenez
  103. Courtland Mudge
  104. Nancy Meredith
  105. Janis Dolnick - "A Public Bank may appear a radical departure from business as usual but business as usual is broken and corrupted. Not only is this a prudent and well-thought-out plan, but the time has come for a Public Bank. And it is beyond time to cut ties with Wells Fargo. Put the City’s funds in Exchange Bank or Redwood Credit Union."
  106. William Simon
  107. Terry Taylor
  108. Amber Faur
  109. Rick Herbert
  110. Ken Pasek - "I support the concept of a local public bank."
  111. Diane Harris
  112. David Williams
  113. Tess Lorraine - "Thank you for supporting social and financial infrastructures that are pioneering a new economy."
  114. Vicki McCall
  115. Park Guthrie
  116. ​Kurt Ballash
  117. David Burtis
  118. Jacques Levy
  119. Darria Kosich
  120. Craig Rudge
  121. Richard Clemens
  122. Toni Logan - "let this spread across the county"
  123. Lee Bender
  124. ​Kendra Benttinen
  125. Kristan Klingelhofer
  126. Joseph A. Mungai
  127. Herb Kline
  128. Jayne Rosenberg - "Thank you."
  129. Ellen Kaplan-Maxfield
  130. Jacques Levy
  131. Bruce Dickson
  132. Pat Kuta
  133. Pastor Lindsey Kerr
  134. Paul McGavin
  135. Nichole Warwick
  136. Gail Powell
  137. Mark Szulgit - "Thank you."
  138. Robin Eurgubian
  139. Janeen Murray
  140. Kerry Fugett
  141. May Kandarian
  142. Meredith Caplan
  143. David Hoffman
  144. Jon Anderholm
  145. Catharine LOFROOS
  146. Carol Crabill
  147. Mary Kay Benson - "Thanks for showing us the way forward!"
  148. K. Guma
  149. Patrick Costello
  150. Dena R. Allen
  151. Pam Browning
  152. Cherro Noel
  153. Caitlin Quinn
  154. Abraham Entin - "An action that is long overdue"
  155. Stephanie Hiller
  156. Amanda Carles
  157. Florence Murray
  158. Richard Savage
  159. Darcy Sweeney
  160. Gerry LaLonde Berg
  161. Judy Wismer
  162. Keane Chukwoweta
  163. Anita LaFollette
  164. Barbara Lee
  165. Alan Friedman
  166. Annie Silverman
  167. Elisabeth Flekowsky
  168. Jennie Schultz
  169. Joseph W. Smith
  170. Dave Ransom
  171. Bonnie Petty
  172. Sandy Reynolds
  173. Dan Monte
  174. June Brasheres
  175. Ricardo Adam
  176. Dana Bellwether
  177. Rick Luttman
  178. Sheela Danniga
  179. Jay Gamel
  180. Katya Miller
  181. Julio C. Soto
  182. Max Caruso
  183. Nicole Lim
  184. Raquelle Myers
  185. Stan Gold
  186. Farahmand
  187. Arthur Pena
  188. John Freedom
  189. Carol Bloom
  190. Ann Neel
  191. Holly DeCanon
  192. Jaimie Mustacich
  193. Maryanne Michaels
  194. David Harris
  195. Donna Watson
  196. Amy Southwick
  197. Terry McLaughlin
  198. Woody Hastings
  199. Laura Neish
  200. Kevin Conway
  201. Chris Thompson
  202. Tom Amato
  203. Emerald Matra
  204. Michael Turgeon
  205. Tish Levee
  206. Pete Gang
  207. Carolyn Harrison
  208. Terry Harrison
  209. Diego Fernandez-Pages - "I'm new to Santa Rosa and would love to get behind a public banking project!"
  210. Tiffany Kimble
  211. Maria G. Garcia
  212. Bonita Munoz
  213. John Snell
  214. Laurie Ann Barbour
  215. Patrick Sheffield
  216. Olembe Nguebari
  217. Chris Collet
  218. Wayne M
  219. Robbie Leeds
  220. Ray Ward
  221. Melanie Vesser
  222. Heidrun Jones
  223. Lynnda Mankin
  224. Kathleen Kesterke
  225. Misty
  226. Silvio Rodridgues
  227. Elaine B. Holtz
  228. Cecilia Alcala
  229. Jan Peterson
  230. Malcolm Seibly
  231. Lynn Hamilton
  232. Elaine Collier
  233. Joan Wlodaver
  234. Carolina Dutton
  235. Susan Chunco
  236. Justine Daniel
  237. Kenneth Norton
  238. Larry Robinson
  239. Louise Leff
  240. Ron Schultz
  241. Trish Clancey
  242. Rena Kay
  243. Sara Souza
  244. Colleen Rose
  245. Cynthia Kishi
  246. Monica Vincent
  247. Kitty Doyle
  248. Gail Raborn
  249. Alethea Patton
  250. Trinidad Escobedo
  251. Martha Feinland
  252. Philip George
  253. Chelsea Turner
  254. Iris Gargano
  255. John McCoy
  256. Elaine Wellin
  257. Nick Luttmann
  258. Alexis Jackson
  259. Donna Stegman
  260. Deborah Garber
  261. John Conway
  262. Cynthia Strecker
  263. Michael Eichenholtz
  264. Steve Bollock
  265. George Beeler
  266. Joel Allen Sr.
  267. Nina Canal
  268. Michael Flozy
  269. Michael Murphy
  270. Catherine Sky
  271. Ana Galvaert
  272. Tom Berry
  273. Viviane Isabeau
  274. Pamela Gentry
  275. Judy Wismer
  276. Therese Mughannam
  277. Robert Lopez
  278. Susan Lamont
  279. John Tomberlin
  280. Edward Porto
  281. Kathleen McTeigue
  282. Clare Pitton
  283. Caitlin Quinn
  284. Jason Davies
  285. Carolynn DiGiuseppi
  286. Suzanne McLennan
  287. John Wehde
  288. John Hill
  289. Curt Ries
  290. Celeste Durrum
  291. Bruce Hicks
  292. Carl Van Dyke
  293. Carl Stvasen
  294. Lawrence Helman
  295. Louise Yost
  296. Matthew Lytle
  297. Kyle Jenkins
  298. Sabrina Krauss
  299. Vishal Talwar
  300. Susan Murphy
  301. Stacey DeGooyer
  302. Kaylin Noblin
  303. Kim Atkinson
  304. Ellen Brown, author of The Public Bank Solution: From Austerity to Prosperity and Web of Debt blog - "Dick Durbin said in 2009 that Wall Street owns the country. If we want to get our country back, we need to form our own publicly-owned banks. Kudos to the Santa Rosa team and good luck!"
  305. Lee Clark - "Public Banking creates a sustainable and viable solution for responsible, ethical re-investment of local funds as well as the re-imagining of Banking as a Benefit-oriented process for individuals who need it the most. Support your local Public Banking Initiative!"
  306. Bonnie Allen
  307. Shawn Kilat - "I’m looking forward to learning more."
  308. Thomas Bolema - "Keep up the good work. We will prevail!"
  309. Jono Ruf - "Keep up the good fight!"
  310. Wayne Gibb - "Let's do this yesterday."
  311. Russell Albright
  312. Ajainin Turner
  313. Bonnie Hogue - "I strongly support the City of Santa Rosa establishing a community bank. Read the column in Sunday's PD (12-2-18) -- Outstanding idea! Happy to support the concept and push City gov't. to establish a community bank! Thank you."
  314. Leslie Lihou
  315. Stephanie Elliott
  316. Chris Petlock
  317. Kira Janelle
  318. Susan McDonough
  319. Tomas Hakanson
  320. Dena Bliss
  321. Christina Raymond
  322. Norma Doyle
  323. Elaine Booth
  324. Jason Kishineff
  325. Madeline Mack
  326. Lis Fiekowsky
  327. Bo Svenson
  328. Terry Taylor ​
  329. Wally Juchert
  330. Stan Gold - "I have been interested in, and supportive of, Public Banking for a number of years. A couple of years ago, I heard Ellen Brown speak at a Praxis Institute meeting in Sonoma."
  331. Christopher Nettles
  332. John Snell
  333. Lori Tuttle
  334. Nancy Guerrera
  335. Arnold Levine
  336. Dr. David Marcus - "Having followed PBI for years after reading Ellen Brown's books, I would now like to get involved. I would like to help spread the message."
  337. Valerie Jensen Maass
  338. Daniel Trucios
  339. Madeline Mack
  340. Annette Betancourt - "Retired teacher from SCOE who wants Community First Credit Union to support Public Bank of Santa Rosa."
Please Sign our Proposed Resolution: To Create a Public Bank of Santa Rosa

To:  Santa Rosa City Council
From:  Friends of Public Banking Santa Rosa


WHEREAS, public banks have a long history worldwide of providing low-cost financial resources for projects benefiting the public, saving millions of dollars that are usually paid in fees and interest to large private banks; and

WHEREAS, cities and states can cut infrastructure costs nearly in half by financing through their own banks, eliminating interest paid on bonds and returning the earned interest to their own operating budgets; and

WHEREAS, the public Bank of North Dakota, founded in 1919, reported its 13th consecutive year of record profits in 2016, earning $136.2 million in net income, with a remarkable return on investments of 16.6 percent; and

WHEREAS, the City of Santa Rosa is a charter city, which allows it to provide credit and depository services to its residents, just as it provides water, electricity, and other utilities; and

WHEREAS, the Public Bank of Santa Rosa would be owned by the people of Santa Rosa through their representative government, and mandated to serve the public interest of the people of Santa Rosa and surrounding areas; and

WHEREAS, the Public Bank of Santa Rosa would partner with local banks and credit unions to provide affordable credit for small businesses, student loans, renewable energy programs, low- and moderate- income housing, and public infrastructure; and

WHEREAS, recovery and regeneration in the Santa Rosa and Sonoma County areas impacted by October’s catastrophic firestorms will require financial resources far in excess of what can be accessed via conventional loans, bonds, budget cuts, and tax increases; and

WHEREAS, a Public Bank of Santa Rosa would significantly cut post-fire rebuilding costs, following the example of the Bank of North Dakota, which used low-interest loans to finance the rebuilding of Grand Forks after the 1997 catastrophic floods and fire;  and

WHEREAS, Santa Rosa already faces budget demands that outstrip available funds, resulting in the degradation of our schools, infrastructure, health services, housing, public safety services, etc., thus urgently requiring innovative supplemental financing mechanisms; and

WHEREAS, several US cities including Oakland, San Francisco, Los Angeles, Santa Fe, Seattle, Philadelphia and Washington DC, and the states of Vermont, New Hampshire, Washington and California, are taking steps toward establishing public banks; and

WHEREAS, the lack of secure financial services for the cannabis industry, related public safety issues, and lost tax revenues have motivated Los Angeles, Oakland, San Francisco, and the State of California to explore the potential for public banks to service this industry; and 

WHEREAS, Wall Street banks have broken statutes and violated civil and regulatory rules with impunity; and

WHEREAS, Wall Street banks seek short-term profits for their private shareholders through credit default swaps, derivatives, and other speculative financial instruments; and

WHEREAS, said Wall Street banks’ unethical conduct and wrongful behavior should not be rewarded with future business dealings with Santa Rosa, and continuing to do business with such banks would constitute a breach of fiduciary responsibility; and

WHEREAS, the cities of Seattle, Portland, Los Angeles, Berkeley, Oakland, San Francisco, Davis, and others have resolved, to varied extents, to institute socially and environmentally responsible banking criteria; and

WHEREAS, the City of Santa Rosa currently banks with Wells Fargo, which has been downgraded to “Needs Improvement” status, and is therefore issuing a Request for Proposals (RFP) for an alternate bank; and

WHEREAS, the LA city council unanimously voted to disqualify Wells Fargo from bidding on their Commercial Banking RFP and to divest from Wells Fargo for financing the Dakota Access Pipeline, predatory lending, illegal foreclosures and opening millions of fraudulent accounts; now therefore be it

RESOLVED, that the RFP include Socially and Environmentally Responsible Banking Criteria; and be it further

RESOLVED, that the Santa Rosa City Council direct the City Manager and Chief Financial Officer to determine the cost and allocate the funds for a feasibility study for a Public Bank of Santa Rosa and shall consider whether feasibility could be enhanced by partnering with community stakeholders and/or other jurisdictions, such as via a Joint Powers Authority; and be it further

RESOLVED, that the City of Santa Rosa limit the terms of the RFP for an alternate bank to a one year contract, while the feasibility study for a Public Bank of Santa Rosa is being pursued; and be it further

RESOLVED, if upon completion of the feasibility study the City Council concludes that a public bank would be in the best interest of the people of Santa Rosa, the City shall establish the Public Bank of Santa Rosa, mandated to serve the public interest, within one year of the completion of the study.  

Picture
Julia Hawkins bravely standing before the Santa Rosa City Council at their 2018-19 Goal Setting and Budget Priorities Meeting at the Hyatt Regency. 
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