I’ve kept you posted on the status of Nevada City-based Citizens Bank. It’s going to be challenging, according to the latest SEC filing.
Meanwhile, I received this email about a new bank that might come here:
“A New Community Bank Emerges, Bucking National Trend: Workshop Friday
A new community bank may be coming to town and it’s unlike any bank you have ever seen. It’s a bank that has been built to use as a tool for building a resilient community. Unified Field Bank (UFB) is a unique model of Sustainable Community Partnership Banking that combines the creative resources of each community with transparent, sustainable banking practices in service of the financial, environmental, social, and cultural bottom line.
For the first time, a handful of UFB branches are scheduled to open throughout California. UFB will also be working with existing banks who, for whatever reason, are seeking either to find a partner with whom they can work to succeed in this challenging environment, or to be acquired completely.
Rural Nevada County is on the top of USB’s list to create a new banking partnership because of its strong sustainability focus and community-building track record. A UFB workshop for the public, led by UFB founder and CEO, David Rose, will be hosted by the Nevada City Sustainability Team this Friday, March 4th, 6:30pm, at the Nevada City City Hall chambers, 317 Broad St..
David Rose’s 3-hour workshop will include a presentation on UFB as well as a ‘reverse panel’ where questions will be asked of those attending so as to get a pulse on the community’s economic and banking needs. Rose stresses, “True prosperity requires that communities imagine and reinvent themselves as self-replenishing and self-sustaining financial ecologies.”
It is UFB’s overarching objective to support organic agricultural farms includes research into how to support development of complimentary currencies that are asset-backed: something the US dollar no longer is. This complimentary currency, however, would not be backed by gold or silver, but by organic, highly nutritive dehydrated foods. Thus providing the natural demand to increase the local food network.
UFB’s support of community reaches beyond the local food network to include such cutting edge ideas such as business incubator parks, sustainable lifestyle retail and educational centers, renewable energy retrofits, vertical farms, green housing projects, resource recovery parks, new local and regional transportation and communication systems, wellness lifestyle centers, education, training support for local businesses, and more.
Rose believes “UFB branches will be present in communities as brick and mortar Centers for Banking and Sustainability; with more of what many are looking for in a bank.” More than anything, UFB believes investments in PEOPLE will empower communities to create their own unique story of environmental, social, cultural and financial wellbeing and success.
Based out of Santa Monica, CA, Unified Field Corporation (UFC) was started in 2008 and is being led by co-founders David Rose and Paulynn Cue. Their core team is comprised of an international group of banking and financial services professionals, banking systems technologists, environmentalists, scientists, anthropologists, architects, entertainment and media executives, and narrative media designers, interactive strategists, and designers.
“It’s about working with the system that we already have” added Rose. “Unified Field Banks are being brought to communities throughout the United States within strict compliance with all required banking laws and regulations.” Ensuring that both the community and the bank are sustainable and prosperous for the long term.
For more information regarding UFB visit the website: http://www.unifiedfieldbank.com/”