BANK JOB (2018)
A community-based art/social project, Bank Job was set up this year by two visionary artist/filmakers, Hilary Powell and Dan Edelstyn. An evolving project aiming ambitiously to buy up and ‘explode’ £1M worth of predatory debt owned by local residents in Walthamstow, London, E17. Bank Job has been named as the ‘Rebel Bank’ in The Guardian and on the BBC One Show.
A first edition of denominations 1,5,10,20 and 50 was produced by a team of local money printers, including myself, at Hoe Street Central Bank (on the site of the closed down Co-op Bank) between 12-25 March 2018.
Between 5-23 June 2018 we focused on the big money - printing ltd edition 100 and 1000 notes. All are available for sale for a limited time online or in HSCB.
All money from the sale of banknotes has gone towards the 4 local causes featured on the notes. These are Saira (PL8-4U), Steve (Soul Project), Gary (Eat or Heat) and Tracey (Barn Croft Primary School).
4-19 October sees HSCB in production printing bonds in the collectively owned and distributed explosion of the £1million pounds of local payday debt bought through banknote sales. On the 5th October the banknotes will no longer be for sale and the bonds will be launched. All proceeds from the sale of the bank notes is shared between buying up the payday debt on the secondary debt markets and the four local causes featured on the notes.
The bonds will be available via Kickstarter on 5th October 2018.
See more info of opening times/ events/ talks and the final explosion at BANKJOB.PICTURES