I posted this last week but I understand that the file was difficult to access, so I am re-posting in a different way.
The linked file details a model for the use of local mutual savings banks as a catalyst for economic regeneration. The model is based on legislation in the UK, so would need tweaking for other jurisdictions, but the principles have broader application. The aim of this project is to build a framework around which a town or borough can build a local approach to financing and building job creating businesses in their locality. It utilises existing legal structures and regulations, so requires no changes at a national level, but combines them in a creative way so the whole is greater than the sum of the parts. I would be interested in any feedback.
Nick
The Thoughts of Chairman Nick 
This looks fascinating but there are still some glitches in the file. Any chance you can check and re-post?
The problem appears to be fixed, but if there is a problem, it is also available at http://chairmannick.posterous.com/local-mutual-savings-banks-as-catalysts-for-r-14256
The problem appears to be fixed, but if there is a problem, it is also available at http://chairmannick.posterous.com/local-mutual-savings-banks-as-catalysts-for-r-14256
P.S. Sorry for the delay in replying, I have only just seen your post.