Common good banks will be a new kind of community savings bank, designed expressly for economic justice, sustainability and strong local economies, independent of the dollar.

Once the first common good bank exists, any community anywhere can start one in a matter of days, using cell phone and internet technology, with no red tape and no need for a bank building. With a dozen innovative features, this is not just another bank with a social agenda. This is

a social agenda with a bank!

If you SIGN UP, common good banks can make a better world for everyone.

We plan to open in Western Massachusetts with 3,300 founding members, making it possible to open Community Divisions ANYWHERE, almost immediately. Help make it happen with a no-obligation 10-second signup!

How Is This Business Plan Different

Most banks are started by a small group of investors who come up with the required several million dollars in capital. Then, when the bank is successful, those investors get all the profits.

Each common good bank Community Division will be started by its depositors, a group of several dozen small investors buying any amount of stock, from $1 to $100,000, averaging about $1,500. These depositors/investors can expect a modest return on their investment (a planned appreciation rate equal to the true rate of inflation, which has averaged about 6% over the past 30 years). The bank's profits then go to the community. (NOTE: This is not a stock offering. The first common good bank does not yet exist and cannot yet offer stock publicly.)

Common good banks will succeed precisely because of their dedication to the common good. The common good bank™ business plan is by philosophy a work in progress, here for all to see. So far, well over a hundred of us are working together on this project, for the good of all. We welcome your comments and suggestions.