Like most big cities Wall Street banking institutions are well represented in Central Ohio. We also have several locally owned banks. Catherine Austin Fitts wrote a marvelous guide to help people investigate the local banks in their area so they can make a well informed choice. Banking - Going Local: How to Find and Evaluate a Local Bank

The local population can also choose to bank with a locally owned Credit Union by the name of KEMBA.
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Ellen Brown, author of //The Web of Debt//, has launched an initiative to establish public (versus the private Federal Reserve system) banking in the states. This effort is called The Public Banking Institute.


PUBLIC BANKING -- it already works in the United States and is catching on! 17 State Legislatures now scoping it out.

Public Banks are ...

• Viable solutions to the present economic crises in US states.
• Potentially available to any-sized government or community able to meet the requirements for setting up a bank.
• Owned by the people of a state or community.
• Economically sustainable, because they operate transparently according to applicable banking regulations
• Able to offset pressures for tax increases with returned credit income to the community.
• Ready sources of affordable credit for local governments, eliminating the need for large “rainy day” funds.
• Required to promote the public interest, as defined in their charters.
• Constitutional, as ruled by the U.S. Supreme Court

... and are not

• Operated by politicians; rather, they are run by professional bankers.
• Boondoggles for bank executives; rather, their employees are salaried public servants (paid by the state, with a transparent pay structure) who would likely not earn bonuses, commissions or fees for generating loans.
• Speculative ventures that maximize profits in the short term, without regard to the long-term interests of the public.

What's Happening in your State?

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