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About Common Good Finance

Common Good Finance is a 501(c)(3) nonprofit organization incorporated in Massachusetts. 


We envision a society in which communities everywhere gather to decide for themselves what their funding priorities should be. For example, communities might choose to fund sustainable agriculture and energy systems and local self-reliance. Communities might choose to ensure that everyone has healthy food, a home, healthcare, satisfying work, and a livable world -- a Common Good Economy.


Our mission is to design and establish the framework for that new economy by integrating a fast-growing mutual credit system with traditional bank accounts, so our mainstream economy can connect seamlessly to community-created credits, community-centered decision-making, innovation, cooperation, and economic justice. This hybrid system gives today’s participants the experience of local economic sovereignty central to our vision of a Common Good Economy.


To that end, we launched rCredits®, a community-created credits system, in Greenfield, Massachusetts, in 2013. Greenfield participants completed their first rCredits community vote in May 2016, deciding to issue $10,000 in investments, loans, grants, and incentives, to advance the community's priorities.

In April 2015 we launched a second pilot in Ann Arbor, Michigan. The rCredits concept has now been thoroughly tested and we have begun to help half a dozen other communities prepare to use rCredits — so that over time there will be a network of rCredits Common Good Communities collaborating for democratic community control of the economy, leading us ultimately to a society that benefits everyone.