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Department of Insurance, Securities and Banking
 

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Public Bank Feasibility Study

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.

Focus Groups

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.