WEATHER
The Oregon State Bank will operate as a profitable business, but unlike private corporations, the profits belong not to shareholders and CEOs, but to the citizens of the State of Oregon.
A State Bank would partner with community banks and credit unions in making loans to Oregon businesses, farms, students and homeowners. It will not be a competitor to local banks but rather will partner with them to strengthen and stabilize our community banking sector.
A State Bank would support the economic development of the State by increasing access to capital for businesses and farms within the State in partnership with local financial institutions.
A State Bank would reduce costs paid by the State of Oregon for basic banking services and will be able to return profits, beyond those necessary to accomplish the mission and continued sound operation of the State Bank, back to the state.
A State Bank will give the Cannabis industry a place to conduct legitimate business.