Free banking in California? New bill tackles access and racial equity

by Public Bank LA
in News
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Banking can be expensive, especially for low-wage workers. A score of California lawmakers have signed on to a new bill AB 1177 designed to offer Golden State households free financial services, taking on the state’s powerful banks at a time when easier access to banking services could help families cope with the economic fallout of the COVID-19 pandemic.

Read the LA Times article by Margot Roosevelt: https://www.latimes.com/business/story/2021-04-06/bankcal-california-banking-bill-offer-free-services-covid-19

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