The Department of Insurance, Securities and Banking contracted with NYMBUS Corporation to conduct a feasibility study on the establishment of a public bank in the District of Columbia. Since May 2018, DISB held four public meetings and 15 focus groups discussing the establishment of a public bank in the District of Columbia. Below are links to materials from the public meetings.
August 27, 2018 - Banking and Investment
August 27, 2018 - Capitalization and Costs (Start-up and Operational)
August 28, 2018 - Public Banking
August 28, 2018 - Public Banking Mission & Governance
August 29, 2018 - Legal Requirements & Constraints
August 29, 2018 - Environmental / Sustainability Financing
August 29, 2018 - Public Infrastructure Financing
August 30, 2018 - Affordable Housing
August 30, 2018 - Student Loan Financing and Refinancing
August 30, 2018 - Small Business
September 6, 2018 - Business & Economic Development
October 25, 2018 - District Fiscal Policy
October 26, 2018 - Consumer Issues
November 9, 2018 - Cash Management
November 19, 2018 - Nonprofits
The research phase has concluded, and the report is being edited.
For more information, contact the Office of Communications at [email protected].
Public Meeting Materials are listed below.