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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 create the framework for that new economy by integrating a fast-growing mutual credit system with a new type of bank account, so that community-centered decision-making, money-creation, innovation, cooperation, and economic justice can connect seamlessly to the current mainstream economy. This hybrid system lets us have tomorrow's economy today -- serving also as a transitional system that can lead us quickly to a society that benefits everyone.


To that end, we helped launch rCredits™, a community-created credits system, in Greenfield, Massachusetts, in 2013. A successful first "pilot" stage produced several exciting insights, so a second pilot stage was launched in December 2013, with an Android app and other new software.

The rCredits concept has now been thoroughly tested and we are beginning to help other communities prepare to use rCredits — (beginning with Ann Arbor, Michigan) so that, over time, there will be a network of rCredits communities collaborating for community-centered democratic control of the economy.