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Common good banks will be the corner posts of a new economic system. A democratic, community-based system that puts people and planet first!

• This model is already supported by thousands of individuals and a dozen national nonprofit organizations.

Who Are We?

Who is Behind This Plan?

• A dozen respected national nonprofit organizations, including UFE, POS, CoopPower, EarthAction, PDF, Center for the Advancement of a Steady State Economy, and Class Action.
• Eugene business partners include: Green Solutions Printing, Natural Choice Directory, Oregon Publishing, TLP- Local to You, and Sweet Life Patisserie with more collaborating in the coming months.  If you are interested in partnering with us to support and endorse a common good bank opening in Eugene, please contact Eugene’s Community Division Organizer, Bill Zwicker at: 541-684-0604 or Amie Chaudoir at: 541-514-4896
• Our 30 staff members are working to establish Community Divisions in communities all over the United States. Organizers in several other countries also are eager to get started, including Canada, France, Zambia, Jamaica, Colombia, India and elsewhere.
• A 50-member Project Advisory Board, with a broad range of experience and expertise.
• A 10-member Planning Steering Committee to oversee strategic plans for funding.
• Over 2000 people signed up as founding depositors.
• Our top executives are outstanding. Our CEO, has been in banking for 28 years and he experienced in virtually every aspect of community banking. He recently served as Senior Vice President and Chief Operating Officer of North Country Savings Bank in Canton, NY.
• Lynnette Colin, our Chief Investment Officer, has worked in credit unions, banking and community development for over 20 years, most recently as the New Orleans branch manager of Hope Credit Union.

A system of democratic, community-based economies that puts people and planet first is vitally important to human survival and well-being. If you see this project for what it is and what it can be, I hope will join me in making

common good banks a reality.

Business Model

• Technically the CGB will be highly automated internet bank, but with a strong local presence.
• Any community with 50 or more depositors will have its own virtual common good bank, with deposits, investments, and profits tracked separately and local democratic guidance.
• No branch buildings are needed so common good banks can expand very rapidly.
• Instead, established local businesses and nonprofits will provide some simple local bank services.

Economic Environment (starting a bank NOW?)

But is it a good idea to start this bank in the current economic climate? YES!

The current financial crisis was caused by big banks with small ethics.

• Common good banks are most similar to credit unions and community development financial institutions, which are doing fine.
• Being able to start with the latest technology and a clean investment slate is a great advantage.
• Most importantly, we need common good banks NOW, for a secure, sustainable economy.

Thank you to all The Local Eugene Business Partners!

Together we are establishing a common good bank division for Eugene!

Thank you for your  webpages: Common Good Bank, Eugene Division

Thank you for your tech-support and Eugene Bank Page

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